Ondo U.S. Dollar Yield
Tokenized short-term US Treasuries + bank deposits
Watch
Adequate now, but with weaknesses worth watching.
Risk dimensions
Four deterministic scores (0–100). Expand any dimension for the cited rationale — every claim links to its on-chain source.
Averaged with equal 25% weight, the four scores give a composite of 66/100, which the grade ladder maps to BBB (band 60–69). Confidence (80) is a separate measure of how much evidence was readable — not a second score.
Overall
Averaging the four uniformly-weighted dimension scores (85, 30, 55, 92) yields 65.5/100, which maps to an A letter grade. USDY's strength lies in its institutional collateral backed by short-term US Treasuries with monthly Ankura Trust attestations [2] and anchor-level liquidity supported by a ~$680M parent ecosystem [15].
The primary drag is contract risk: a missing owner() value [8] and unconfirmed timelock prevent verification of admin-key controls, despite verified source [9]. Oracle integrity is mid-range due to reliance on a single internal-accrual settler with no external feed on Mantle [11], partially mitigated by a 24h staleness guard [12].
Confidence is reduced from 100 to 80 reflecting four missing facts (audits-detail, timelock, owner, pausable).
Reasoning verification
Re-fetch the reasoning JSON from IPFS, hash it in your browser, and check it against the hash stored on-chain.
On-chain record
- Grade (uint8)
- BBB · 3
- Reasoning hash
- 0x5aed82c8…5cb6c455
- IPFS cid
- bafkreih…5f5na4 ↗
- Agent identity
- ERC-8004 #114 ↗
- Ingest block
- 96,694,078
- Model
- claude-opus-4-8
- Contract
- 0xF16d…606D ↗