iShares Broad USD High Yield Corporate Bond ETF (Ondo Tokenized ETF)
USHYON Rank —Price chart
What is iShares Broad USD High Yield Corporate Bond ETF (Ondo Tokenized ETF)?
Overview
USHYon provides tokenholders with economic exposure equivalent to holding the underlying USHY ETF, including reinvested dividends. It enables non-U.S. retail and institutional investors to access U.S. stocks and ETFs around the clock, five days per week, with direct access to traditional exchange liquidity. The product addresses the challenge of cross-border access to American bond market instruments.
How it works
USHYon operates as a tokenized exchange-traded product deployed on Ethereum, BNB Chain, and Solana. Users can instantly mint and redeem tokens representing shares of the underlying iShares bond ETF, settling transactions across multiple blockchain networks.
Token and supply
USHYON is the native token representing claims on the underlying ETF assets. The token has no capped maximum supply listed. Token mechanics are governed by Ondo's tokenization framework, which links blockchain holdings to real-world ETF positions.
Where to trade USHYON
Exchanges that list this asset
Live spot quotes from connected exchanges
USHYON funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.