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Superstate vs Ondo Finance (2026)

Superstate (USTB) vs Ondo Finance in 2026 — Ondo leads on DeFi collateral integrations (OUSG on Aave) and product breadth; Superstate offers a compliant USTB fund structure with growing Ethereum distribution.

Two leading tokenised Treasury issuers compared — USTB versus OUSG/USDY for on-chain fixed income.

Updated June 2026

Option A

Superstate (USTB)

Full guide

Option B

Ondo Finance

Full guide
CriteriaSuperstate (USTB)Ondo Finance
TVL (DeFiLlama, 2026-07-08)$2.55B · RWA
Flagship productUSTBOUSG / USDY
DeFi integrationGrowingAave collateral (OUSG)
Issuer typeRegulated fund companyDeFi-native RWA platform
AccessKYC requiredKYC — product-dependent
YieldShort-term TreasuriesTreasuries + money markets

Verdict

Ondo leads on DeFi collateral integrations (OUSG on Aave) and product breadth; Superstate offers a compliant USTB fund structure with growing Ethereum distribution.

FAQ

Superstate (USTB) vs Ondo Finance — FAQ

Superstate (USTB) or Ondo Finance — which is better?

Ondo leads on DeFi collateral integrations (OUSG on Aave) and product breadth; Superstate offers a compliant USTB fund structure with growing Ethereum distribution.

How do Superstate (USTB) and Ondo Finance compare on tvl (defillama, 2026-07-08)?

Superstate (USTB): —. Ondo Finance: $2.55B · RWA.

How do Superstate (USTB) and Ondo Finance compare on flagship product?

Superstate (USTB): USTB. Ondo Finance: OUSG / USDY.

How do Superstate (USTB) and Ondo Finance compare on defi integration?

Superstate (USTB): Growing. Ondo Finance: Aave collateral (OUSG).

How do Superstate (USTB) and Ondo Finance compare on issuer type?

Superstate (USTB): Regulated fund company. Ondo Finance: DeFi-native RWA platform.

Market data changes frequently. For live TVL and rates, see our DeFi tools and TVL rankings.