
Ondo · Reads onchain state
Reads USDY's USD redemption price from Ondo's dynamic oracle. The oracle's getPrice returns the price at 18 decimals, which rises daily as USDY accrues yield. It is the exact rate the rUSDY wrapper uses to convert between USDY and rUSDY. Reach for it to value a USDY balance in dollars, to compute the rUSDY a wrap will mint, or to measure yield between runs by comparing against a stored value.
On other protocols · 2