Ondo Finance protocol
Overview
Ondo Finance is a decentralized protocol that tokenizes real-world assets (RWAs) and creates structured financial products. Its primary offerings include liquid tokenized funds such as USDY (a tokenized short-term US Treasury debt yield instrument) and OUSG (a fund backed by US Treasuries and repurchase agreements). The protocol bridges traditional finance and DeFi by enabling institutional-grade asset exposure on-chain.
Ondo Finance's flagship products are the tokenized funds USDY (a tokenized short-term US Treasury yield instrument) and OUSG. Its Ondo Global Markets arm added tokenized US equities and ETFs in 2025.
Relations
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Frequently asked questions
What is Ondo Finance?
Ondo Finance is a decentralized protocol that tokenizes real-world assets (RWAs) and creates structured financial products. It bridges traditional finance and DeFi by enabling institutional-grade asset exposure on-chain.
What are the primary tokenized funds offered by Ondo Finance?
Ondo Finance's primary offerings include USDY, a tokenized short-term US Treasury debt yield instrument, and OUSG, a fund backed by US Treasuries and repurchase agreements.
Which financial institutions have been mentioned in connection with Ondo Finance?
Ondo Finance has been mentioned in relation to Franklin Templeton ETFs trading around the clock via a tokenization deal, and Invesco taking over Superstate's USTB tokenized MMF in a TradFi rebrand.
Sources
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