Ondo US Dollar Yield (USDY) Daily Market Analysis 12 February 2026

USDY Market Performance and Recent Developments

Ondo US Dollar Yield (USDY) is trading at $1.12 USD with a 24-hour trading volume of $1,378,530.80 USD. In the last 24 hours, USDY's price moved -2.27%, reflecting recent market volatility.

Market Metrics

The circulating supply of Ondo US Dollar Yield is 636,792,323 USDY and the current market cap is $691,556,463. With a price increase of 1.00% in the last 7 days, Ondo US Dollar Yield is outperforming the global cryptocurrency market which is down -4.10%.

Product Overview

USDY (US Dollar Yield Token) is a tokenized note secured by short-term US Treasuries and bank demand deposits. USDY is accessible to non-US individual and institutional investors and is designed to combine the accessibility of a stablecoin with high-quality, US dollar-denominated yield.

Recent Expansion and Partnerships

On February 6, 2025, Ondo's U.S. Dollar Yield token (USDY) became available on BitGo's Go Network. On February 5, 2025, the Stellar Development Foundation announced the integration of Ondo Finance's USDY into the Stellar network.

Ondo Finance partnered with Pyth Network to bring USDY onto over 65 blockchains via a new USDY/USD price feed. This collaboration enhances DeFi applications' access to institutional assets across multiple ecosystems, including Ethereum Virtual Machine (EVM), Solana, Bitcoin, and Cosmos.

Trading Availability

The most popular exchange to buy and trade Ondo US Dollar Yield is Momentum, where the most active trading pair USDY/USDC has a trading volume of $90,453.17 in the last 24 hours.

Ondo US Dollar Yield (USDY) Price Analysis

Current Price and 24-Hour Movement

USDY is trading at $1.1022 with a +0.63% gain over the last 24 hours. The token has also gained +0.07% in the past hour, indicating continued upward momentum in the short term.

Market Metrics

• Market Capitalization: $693.0 million
• 24-Hour Trading Volume: $3.35 million
• Available Supply: 629.2 million USDY
• Fully Diluted Valuation: $1.28 billion

Price Context

While USDY is up today, the broader weekly performance shows a -0.43% decline over the past 7 days, suggesting today's gains represent a recovery from recent weakness rather than a sustained uptrend. The modest 24-hour gain of 0.63% reflects relatively stable price action typical of yield-bearing stablecoin products.

Technical Observations

The token maintains a relatively low volatility score of 1.33, consistent with its nature as a yield-generating USD-backed instrument. The moderate risk score of 62.25 indicates typical market conditions for this asset class.

The price movement appears driven by normal market dynamics for a stablecoin product rather than any extraordinary catalyst, with trading volume remaining modest at $3.35 million daily.

Market Sentiment Analysis: USDY

Overall Sentiment: Neutral to Cautiously Bullish

USDY demonstrates a positive social media sentiment score of 4.7 out of 5 across all platforms in the last 24 hours, indicating underlying optimism despite recent price volatility. However, this positive sentiment is tempered by macroeconomic headwinds and reduced trading activity.

Social Media and Community Sentiment

Twitter sentiment is predominantly bullish, with 71.79% of tweets expressing bullish sentiment compared to 7.69% bearish sentiment and 28.21% neutral, based on analysis of 42 tweets. Approximately 35 unique individuals are discussing USDY, ranking it #2,247 in social media mentions and activity.

Community engagement remains limited. Reddit mentions are minimal with 1 post and 4 comments, showing mixed sentiment with fewer upvotes than downvotes on posts but more upvotes on comments. USDY is becoming less newsworthy, with 0 news articles published recently.

Trader Positioning and Market Indicators

Price action reflects consolidation with minimal volatility. Current market data shows:

• 24-hour change: +0.63%
• 7-day change: -0.43%
• 1-hour change: +0.07%
• Market cap: $693.05 million (rank #83)
• Trading volume: $3.35 million (24-hour)

Trading volume declined 74.80% from one day ago, signaling a recent fall in market activity. Trading volume is down 37.6%, indicating a lack of aggressive selling or buying.

Recent Sentiment Shifts and Macroeconomic Context

USDY's recent decline mirrors a broader risk-off move across crypto, with macroeconomic uncertainty as markets brace for key U.S. Consumer Price Index (CPI) data on February 12, which will influence Federal Reserve policy expectations. Elevated Treasury yields and concerns around a potential hawkish Fed chair appointment are pressuring risk assets.

USDY is moving with broader market beta rather than coin-specific issues, with its real-world asset (RWA) narrative remaining intact and recent partnerships like MetaMask integration providing long-term fundamental support.

Long-Term Sentiment Outlook

Long-term sentiment remains bullish with USDY expected to reach $1.30 in 2026, reflecting a positive outlook for the coin. The consensus on related Ondo products is cautiously bullish, weighing near-term supply shocks against accelerating RWA adoption and infrastructure upgrades, with sentiment hinging on whether token unlocks trigger distribution or get absorbed by institutional demand.

Risk Factors

The asset faces headwinds from reduced social engagement and minimal news coverage. Bitcoin's ability to hold $68,000 support is critical, as a deeper drop could drag altcoins like USDY lower.

USDY Technical Analysis: Key Support & Resistance Levels

Current Price Action

Price: $1.1022 24h Change: +0.63% 7d Change: -0.43% 1h Change: +0.07%

USDY is trading near its recent support level with modest positive momentum in the short term, though weekly performance shows slight consolidation.

Key Support Levels

Key Resistance Levels

Technical Indicators Analysis

Volatility Score: 1.33 (Very Low)

• Extremely low volatility indicates tight price consolidation
• Typical for yield-bearing stablecoins with minimal price deviation
• Suggests range-bound trading behavior

Risk Score: 62.25 (Moderate)

• Moderate risk profile relative to broader crypto market
• Reflects underlying asset stability with some market exposure

Liquidity Score: 27.19 (Low-Moderate)

• Limited liquidity relative to major stablecoins
• May result in wider spreads on larger positions

Volume Analysis

24h Volume: $3.35M Market Cap: $693.05M Volume-to-Market Cap Ratio: ~0.48%

Low trading volume relative to market capitalization suggests limited intraday volatility and potential for wider spreads during off-peak hours.

Timeframe Outlook

Hourly (1H): +0.07% - Neutral to slightly bullish; minimal directional bias

Daily (1D): +0.63% - Mild bullish momentum; consolidation near support levels

Weekly (1W): -0.43% - Slight bearish pressure; suggests recent pullback from higher levels

Chart Pattern Assessment

USDY exhibits characteristics of a consolidation pattern with:

• Tight trading range reflecting stablecoin nature
• Support holding near $1.08-$1.09 zone
• Resistance capping upside at $1.11-$1.12 zone
• Low volatility suggesting potential breakout setup

Trading Range Summary

Medium-Term Outlook

The token maintains a stable technical structure with well-defined support and resistance zones. The extremely low volatility score indicates USDY is functioning as intended for a yield-bearing stablecoin, with price stability prioritized over price discovery. Medium-term direction depends on broader market sentiment and yield dynamics rather than technical momentum indicators.