OpenEden USDO · Ethereum

USDO

Overview

The OpenEden USDO pool on Ethereum is a single-asset stablecoin lending position where suppliers earn variable interest on USDO deposits. The protocol generates yield by routing borrowing demand against pooled liquidity and paying suppliers from the resulting interest spread. Total APY stands at 3.10%, with no additional reward component. Over the past week, the rate has decreased by 0.14% and over the past month it has fallen by 0.14%, placing current rates below the 30-day mean of 3.23%. TVL is at $33M without a reported change in the last seven days; primary exposure here is depeg risk on the underlying stablecoin USDO. This pool maintains typical liquidity levels for its asset and protocol category, ensuring adequate borrowing demand coverage.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 3.09%; 30-day mean is 3.10%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 52% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.