index / tokenized treasuries / USDY

Ondo US Dollar Yield (USDY) scores 68/100 — grade C, partially verifiable — on Claridex's transparency rating, with 6/6 pillars verified.

Ondo US Dollar Yield USDY

Issuer: Ondo Finance · tokenized treasuries · Ethereum

68/100 · C

partially verifiable · 6/6 pillars verified

Reserve proof · 25%partial74

daily Ankura collateral verification + monthly reportssemi-auto source ↗

Custody & segregation · 20%strong80

Treasuries/deposits; Ankura collateral agent, first security interestdeclared source ↗

Independent audit · 15%partial65

daily Ankura verification, monthly reports; not full independent auditsemi-auto source ↗

On-chain verifiability · 15%weak30

contract source not verified on the block explorerauto source ↗

Redemption rights · 15%partial78

redeem to USD via wire; $100K minimum, institutionaldeclared source ↗

Issuer & legal · 10%partial78

Ondo USDY LLC; structure discloseddeclared source ↗

methodology is public · ranking is never for sale · the "verified" badge means it passed the reserve-proof gate

contract: 0x96f6ef951840721adbf46ac996b59e0235cb985c · last checked: 2026-06-23

How was this scored?

The six pillars are combined by weight; the reserve-proof gate caps the grade for projects with weak reserves. Every band is spelled out in the methodology.

Is this your project?

Claim it and add evidence links for the missing pillars. The engine verifies them and your score updates.