Ondo US Dollar Yield (USDY) vs Tether (USDT)
Learn how Ondo US Dollar Yield and Tether differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.
$1.14
#39
USDY is a yield-bearing token available natively across many of the largest blockchain networks. Currently deployed on Ethereum, Arbitrum, Mantle, Solana, Sui, Aptos, Noble. USDY is secured by US Treasuries and accrues yield daily. USDY is over-collateralized with third-party attestations published daily.
View Full Page$0.9992
#3
USDT, or Tether, is a stablecoin, meaning it is a stable cryptocurrency aimed at maintaining a fixed value relative to the US dollar (USD). Launched in 2014 by Tether Limited, USDT is designed to offer the stability of a fiat currency while allowing for the speed and flexibility of transactions on blockchains. Each USDT is supposed to be backed by an equivalent reserve in dollars or equivalent assets, which helps maintain its parity with the dollar.
View Full PageKey Metrics Comparison
Ondo US Dollar YieldUSDY
Market Cap$2.142B
24h Volume$1.09M
Liquidity Ratio0.05%
24h Change+0.10%
7d Change+0.10%
Circulating Supply1,877,375,340.599
Max SupplyN/A
All-Time High$1
TetherUSDT
Market Cap$183.1B
24h Volume$35.097B
Liquidity Ratio19.17%
24h Change0.00%
7d Change0.00%
Circulating Supply183,245,941,051.28
Max SupplyN/A
All-Time High$1
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
Market Share
Share of combined market cap
USDY
1.2%USDT
98.8%Volume Share
Share of combined 24h volume
USDY
1.0%USDT
100.0%24h Performance
Price change over last 24 hours
USDY
0.10%USDT
0.00%7d Performance
Price change over last 7 days
USDY
0.10%USDT
0.00%Proximity to ATH
How close to all-time high (closer is better)
USDY
-9.5%USDT
-24.3%Liquidity Ratio
Volume to market cap ratio (higher = more liquid)
USDY
0.05%USDT
19.17%