FeesSafety
Pluang+

Ondo Finance's USDY token gains $170M TVL on Solana, bridging Ethereum and more for DeFi use

Protocol Fundamentals
24 Sep 2026, 09:38 WIB
Tokenpost
View Source
Bullish
Ondo Finance's USDY token gains $170M TVL on Solana, bridging Ethereum and more for DeFi use

Ondo Finance's USDY, a tokenized note linked to short-term U.S. Treasuries, has established a strong presence in Solana's DeFi ecosystem with over $170 million total value locked as of May 2025. USDY supports trading collateral, lending, and cross-chain transfers via a bridge connecting Solana with Ethereum, Arbitrum, and Mantle. Its integration with Drift Protocol enhances capital efficiency for margin trading and perpetual contracts. With $2.12 billion outstanding and a 3.91% yield to maturity as of September 2026, USDY offers regulated exposure to U.S. Treasury assets for non-U.S. investors, marking a significant development in decentralized finance.

Ondo Finance's USDY token in Solana DeFi is presented here alongside Pluang's cryptocurrency market snapshot as of Sep 24, 2026 13:02 WIB. Among 50 major cryptocurrencies on Pluang, only 8 rose while 41 fell. Notably, BAL (Balancer) gained 11.14% to Rp16.297, contrasting with UNI (Uniswap) which dropped 10.90% to Rp165.184, and ONE (Harmony) which declined 16.73% to Rp44. Typical hold times vary from 65 days for UNI to 152 days for ONE, with differing buy/sell activity ratios.

More News

T-Therapeutics raises $133M to advance novel TCR bispecific therapies for cancer and autoimmune diseases

T-Therapeutics raises $133M to advance novel TCR bispecific therapies for cancer and autoimmune diseases

T-Therapeutics secured $133 million in an oversubscribed Series B funding round led by Advent Life Sciences and British Business Bank to develop its first-in-class TCR-CD3 bispecific therapies targeting cancer and autoimmune diseases. The funds will ...

Company Fundamentals
Bullish
51 minutes ago
UBS Group AG's stake in Bang & Olufsen drops below 5% after previously exceeding it.

UBS Group AG's stake in Bang & Olufsen drops below 5% after previously exceeding it.

UBS Group AG notified Bang & Olufsen A/S that its shareholding and voting rights exceeded 5% as of October 30, 2026, but fell below 5% by November 2, 2026. As of November 2, UBS held 4.66% of Bang & Olufsen's total shares and voting rights. This chan...

Neutral
51 minutes ago
Siemens Healthineers spins off diagnostics unit as Olyrian Diagnostics, aiming for standalone status by 2028

Siemens Healthineers spins off diagnostics unit as Olyrian Diagnostics, aiming for standalone status by 2028

Siemens Healthineers has begun separating its in vitro diagnostics business into a standalone company named Olyrian Diagnostics, expected to complete by mid-2028. This move aims to give the diagnostics unit a distinct market presence while continuing...

Company Fundamentals
Bullish
1 hour ago
IQM Quantum Computers' order backlog grows 52% in 2026 Q3; reaffirms full-year guidance.

IQM Quantum Computers' order backlog grows 52% in 2026 Q3; reaffirms full-year guidance.

IQM Quantum Computers reported a 52% increase in order backlog to €102.5 million by September 30, 2026, driven by major new contracts including the LUMI-IQ Halocene order. Q3 revenue rose 51% year-over-year to €8.9 million, with cash reserves at €260...

Company Fundamentals
Bullish
1 hour ago
IQM Quantum Computers boosts order backlog 52% in 2026, reaffirms full-year revenue guidance.

IQM Quantum Computers boosts order backlog 52% in 2026, reaffirms full-year revenue guidance.

IQM Quantum Computers reported a 52% increase in order backlog to EUR 102.5 million by September 2026, driven by strong new orders including a EUR 33 million contract for its error-correction platform. Q3 revenue rose 51% year-over-year to EUR 8.9 mi...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App