Dear LBank users,

USDY (Ondo U.S. Dollar Yield) will be listed on LBank at 07:20 on August 31, 2026 (UTC). The details are as follows:
 
Trading Pair: USDY/USDT
Trading Zone: USDT Zone
Token Label: DEFI
Start Deposit: 07:20 on August 31, 2026 (UTC)
Start Trading: 07:20 on August 31, 2026 (UTC)
Start Withdrawal: 08:00 on September 1, 2026 (UTC)
 
USDY/USDT spot at:  /en-US/trade/usdy_usdt
※ This will be effective upon commencement of trading.

  • About USDY (Ondo U.S. Dollar Yield)

USDY is a yield-bearing tokenized dollar issued by Ondo Finance, backed by short-term U.S. Treasuries and bank demand deposits. Unlike a typical $1-pegged stablecoin, USDY accrues the underlying Treasury yield into the token itself, so its price rises gradually over time (currently ~$1.14)—effectively an on-chain, freely transferable dollar note that earns interest, aimed at non-U.S. holders.
 
⚠️ Note:
The transaction fee of USDY/USDT is Taker (0.2%), Maker (0.2%).

Based on market conditions, LBank may adjust the trading parameters of the spot market from time to time, which may include the minimum order quantity, price precision, or other relevant parameters without further announcement.
 
LBank will continue to optimize and improve its products and services to provide users with a better trading experience.