How to Use Ondo Finance
Ondo Finance is a leading RWA protocol offering tokenized access to US Treasuries and other institutional-grade assets. This guide covers their main products.
Ondo Products Overview
USDY (Ondo US Dollar Yield):- Tokenized note backed by US Treasuries
- ~4.2% APY
- No minimum, no lockup
- Non-US persons only
- Direct treasury exposure
- ~4.5% APY
- $100K minimum
- Accredited investors
Why Choose Ondo?
- Institutional Grade: Backed by BlackRock and other major partners
- Regulatory Compliant: Full KYC/AML compliance
- Transparent: Regular attestations and audits
- DeFi Native: Use tokens across protocols
USDY Use Cases
| Use Case | Description |
|---|---|
| . . . . . | . . . . . . - |
| Hold | Earn passive yield |
| Collateral | Borrow against on Flux |
| LP | Provide liquidity |
| Transfer | Send globally 24/7 |
. -
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Step-by-Step Instructions
Visit Ondo Finance
Go to ondo.finance and review available products for your jurisdiction.
Tips
- ✓USDY for non-US users, OUSG for accredited US investors
Warnings
- ⚠Verify you are on ondo.finance
Complete Registration
Create an account and complete the KYC verification process.
Tips
- ✓Have passport and proof of address ready
- ✓Verification typically completes in 24-48 hours
Connect Wallet
Link your Ethereum wallet after KYC approval. This wallet will receive your tokens.
Tips
- ✓Use a wallet you control, not an exchange
Choose Product
Select USDY for flexible access or OUSG for direct treasury exposure (higher minimum).
Tips
- ✓USDY is best for most users starting out
Deposit USDC
Transfer USDC to mint your chosen token. Minimum amounts vary by product.
Tips
- ✓USDY has no minimum
- ✓Check gas costs before small deposits
Receive Tokens
Your USDY or OUSG tokens will be minted to your wallet. Value accrues daily.
Tips
- ✓USDY price increases as yield accrues
- ✓Check Ondo dashboard for current value
Use in DeFi (Optional)
USDY can be used as collateral on Flux Finance or in other DeFi protocols.
Tips
- ✓Flux Finance lets you borrow against USDY
- ✓Check supported protocols on Ondo docs