defirisk.co
rubric v1.7.0

Liquidity depth per major asset

Ondo Finance's assessment for RD-F-065 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

OUSG and USDY liquidity is primarily via Ondo's own direct redemption, not DEX pools. OUSG instant redemption backed by BlackRock BUIDL supports same-day USDC settlement (T+0 via Circle); USDY has similar path. There is no DEX pool providing primary price discovery — the assets are NAV-pegged, not market-traded. Secondary DeFi liquidity (e.g., fUSDC/fDAI on Curve, OUSG on Morpho as collateral) exists at small size relative to TVL. 2%/5% slippage depth metric is not meaningful for NAV-pegged r...

Sources #

  • Curator note
    Extracted from 04-economic.md — RD-F-065 finding; no URL cited in originalretrieved 2026-04-28

Methodology #

Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol ondo-finance factor RD-F-065 score gray collected_at 2026-05-14 12:01:55