Ondo Finance: The stablecoin USDY is now available as collateral on the Drift Protocol

2024-06-18 23:20:20

Collection

ChainCatcher news, RWA protocol Ondo Finance announced on social media that its yield-bearing stablecoin USDY is now available as collateral on the Solana-based perpetual contract protocol Drift Protocol.

In addition, users can also deposit and borrow USDY on Drift.

Source

Risk warning

2026-06-04 09:57

Ondo Finance will launch the RWA perpetual contract platform Ondo Perps in the coming weeks

2026-06-02 08:02

Ondo Finance founder Nathan Allman passed away unexpectedly, and president Ian De Bode has taken over as CEO

2026-05-26 08:09

Drift Protocol: The insurance fund was not affected by the attack, and users can withdraw their staked shares after recovery

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Ondo Finance

Decentralized institutional-level financial protocols