Ondo Finance is a protocol that brings institutional-grade financial products to DeFi by tokenizing assets like bonds and credit products. It combines blockchain efficiency with traditional finance practices such as compliance, transparency, and investor protection, offering users regulated access to stable yields and secure on-chain investments.
Ondo is a protocol that brings institutional-grade finance onchain through tokenized products and infrastructure. Its flagship offerings include USDY, which deliver yield from short-term Treasuries, and OUSG, a tokenized fund of short-term U.S. Treasuries for accredited or qualified investors. They also offer Ondo Global Markets, which allows investors to obtain tokenized exposure to publicly traded securities for non-US users, combining TradFi economics with DeFi compatibility.
Ondo earns management and platform fees on products like USDY and OUSG, covering operations and service providers. For example, USDY’s underlying Treasury yield first goes toward expenses, with the remaining yield distributed to token holders.
You earn by holding Ondo’s tokenized products that pass along real-world yield. With USDY you get daily interest from U.S. Treasuries, either reflected in a rising token price or more tokens in your wallet. With OUSG, accredited investors gain exposure to U.S. Treasuries through a simple onchain wrapper. And with Ondo Global Markets, non-US users are able to buy tokenized stocks and ETFs, letting them capture stock-like returns in token form while still being able to move and use those assets across DeFi.