Ondo US Dollar Yield Price & Performance
USDY · CryptocurrencyLive market data · Last updated: July 5, 2026 at 4:02 a.m. (ET). Prices shown in USD and for information only — not investment advice.
Ondo US Dollar Yield (USDY) is trading at $1.13 USD, down -0.28% over the past 24 hours. Its market capitalization is $2.15B, ranking it #40 among all cryptocurrencies by market value.
How we think about Ondo US Dollar Yield at Evermore
Ondo US Dollar Yield (USDY) is currently classified as a mid-cap cryptocurrency by market value. This is an established cryptocurrency but materially smaller and more volatile than the top-ten names. Position sizing matters: a drawdown of 70–90% from a prior high is not unusual for assets in this tier, which is why we size crypto by what a client can lose without derailing their plan.
How Ondo US Dollar Yield is taxed in Canada
The Canada Revenue Agency treats cryptocurrency as a commodity, not currency. When you sell, trade, or spend Ondo US Dollar Yield, you trigger a taxable event — typically a capital gain (50% of the gain is taxable) if you are an investor, or fully-taxable business income if the CRA considers your trading a business. Every disposition must be reported, including crypto-to-crypto trades.
Can you hold Ondo US Dollar Yield in a TFSA or RRSP?
No. You cannot hold USDY directly inside a TFSA, RRSP, or other registered account — cryptocurrencies are not "qualified investments." Canadians who want tax-sheltered crypto exposure typically use a listed crypto ETF held inside a registered account instead, which changes the risk and fee profile considerably.
Common Questions
What is the price of Ondo US Dollar Yield (USDY) today?
Ondo US Dollar Yield is trading at approximately $1.13 USD. Prices are highly volatile and update continuously; this page refreshes its data on a short cache to stay reasonably current.
What is Ondo US Dollar Yield's market capitalization?
Ondo US Dollar Yield has a market capitalization of roughly $2.15B USD, ranking it #40 among all cryptocurrencies by market value.
How is Ondo US Dollar Yield taxed for Canadian investors?
The CRA treats Ondo US Dollar Yield as a commodity. Selling, trading, or spending it is a taxable disposition — normally a capital gain (50% taxable) for investors. Crypto-to-crypto trades are taxable too. Keep detailed records of the cost base and fair market value at each transaction.
Can I hold Ondo US Dollar Yield in my TFSA or RRSP?
Not directly — USDY is not a qualified investment for registered accounts. Canadians seeking sheltered exposure usually use a listed crypto ETF inside a TFSA or RRSP instead.
Is Ondo US Dollar Yield a good investment?
That depends entirely on your financial plan, time horizon, and risk tolerance. We treat crypto as a small speculative satellite position, never core capital. Speak with a CFP® or CIM® before allocating.
Talk to a CFP® or CIM® at Evermore
Independent, fiduciary-style advice from Burlington, Ontario. Serving Canadian families with $500k+ in investable assets.
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