RWA AUM$14.37m
Key Metrics
Fees 30d$46,236
Fees 30d by chain
Ethereum$46,128
Base$110.41
Fees 7d$10,834
Ethereum$10,807
Base$26.60
Fees 24h$1,551
Ethereum$1,547
Base$3.76
Cumulative Fees$8.13m
Ethereum$8.07m
Base$63,972
Revenue 30d$3,598
Revenue 30d by chain
Ethereum$3,592
Base$8.74
Revenue 7d$831
Ethereum$829
Base$2.03
Revenue 24h$117
Ethereum$117
Base$0.28
Cumulative Revenue$891,639
Ethereum$885,624
Base$6,049
Protocol Information
USDO is collateralized by tokenized U.S. Treasury Bills and money market funds (such as OpenEden’s TBILL), from which USDO’s yield is generated. The reserves serve as the foundation for maintaining a minimum 100% collateralization ratio, meaning every USDO token in circulation is fully backed by equivalent assets
Sub Category: Other Fixed Income
Audits:
Methodology
Fees: All fees from users mint/redeem USDO, yields and management fees from backing assets.View code on GitHubRevenue: Mint/redeem USDO fees and 0.3% annual is charged by the Investment Manager.View code on GitHubYields
Pools Tracked3
Average Supply APY3.45%
Competitors
OpenEden USDO history
Fees and revenue by UTC calendar month, Mar 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Mar 2025 | $10,828 | $755 |
| Apr 2025 | $375,501 | $26,194 |
| May 2025 | $757,857 | $78,349 |
| Jun 2025 | $965,429 | $85,818 |
| Jul 2025 | $1.05m | $80,817 |
| Aug 2025 | $1.02m | $78,522 |
| Sep 2025 | $900,054 | $67,392 |
| Oct 2025 | $815,502 | $73,415 |
| Nov 2025 | $699,077 | $173,983 |
| Dec 2025 | $294,555 | $37,482 |
| Jan 2026 | $244,199 | $22,747 |
| Feb 2026 | $207,483 | $30,543 |
| Mar 2026 | $180,933 | $31,689 |
| Apr 2026 | $156,372 | $38,262 |
| May 2026 | $102,142 | $11,615 |
| Jun 2026 | $97,697 | $14,110 |
| Jul 2026 | $89,579 | $13,688 |
| Aug 2026 | $72,471 | $15,709 |
| Sep 2026 | $51,513 | $7,423 |
| Oct 2026 (to date) | $41,631 | $3,243 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/openeden-usdo
Frequently asked questions
How much has OpenEden USDO generated in fees and revenue?
Over the past 30 days, OpenEden USDO generated $46,236 in fees. Of that, $3,598 was protocol revenue. Based on the trailing year, the annualized rate is $2.36m in fees and $409,504 in revenue.
How does OpenEden USDO's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, OpenEden USDO ranks #137 by TVL. The category holds $4.112b across 176 protocols, and OpenEden USDO accounts for 0% of that total. Similar protocols include Re, Anemoy Capital, Ember, Brickken, Tangible RWA, Theo Network thBill, Travessia Credit, Mountain Protocol, Boson Protocol, and Verified Network.
How many yield pools does OpenEden USDO have?
DefiLlama tracks 3 OpenEden USDO yield pools with an average APY of 3.4%.

