Ethereum
United States Oil Fund (Ondo Tokenized) is a ondo tokenized security tracking United States Oil Fund. It is an ERC-20 on Ethereum, so it can be held in any wallet the issuer permits and composed into on-chain applications. Prism verified the contract directly on-chain: it reports the symbol its issuer publishes and a readable supply.
Tokenized exposure to United States Oil Fund, settled on-chain.
Prism analyst note
The cleanest freely tradable oil exposure on-chain today: Ondo's custody-backed wrapper of the USO ETF, minted and redeemed at NAV, live on Ethereum with real open Uniswap pools and deployments on Solana, BNB and HyperEVM. Two honest mechanics to hold in mind: Reg S means it is not for US persons even though the token moves freely, and USO tracks front-month WTI futures, so it inherits roll-cost behaviour rather than spot oil returns.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- United States Oil Fund
- Legal structure
- Tokenized security issued through Ondo Global Markets
- Jurisdiction
- United States / offshore feeder
- Custodian
- Regulated third-party custodian
- Administrator
- Ondo Finance
- Reserve information
- Collateral arrangements are described in the issuer's own documentation. Prism has verified the contract on-chain but has not independently audited the issuer's reserves.
- Transfer restrictions
- Freely transferable on-chain, proven by live open Uniswap pools trading at the verification date. Issued under Regulation S: not offered to US persons, and minting or redemption through Ondo requires their onboarding. USO tracks front-month WTI futures, so long-run returns differ from spot oil through roll costs.
- Investor eligibility
- Non-US persons (Reg S)
- KYC required
- No, permissionless transfers
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
Do I own the underlying security?+
No. This is a tokenized instrument giving economic exposure. Rights are defined by the issuer's own terms, not by share ownership.
How is this different from the Robinhood USO token?+
Same underlying fund, different wrapper. The Robinhood token is a Jersey-issued tracker on Robinhood Chain; USOon is Ondo's custody-backed wrapper with NAV mint and redemption and open DEX liquidity on Ethereum.
How was this verified?+
Prism called the contract directly on its chain and confirmed it reports the symbol and decimals its issuer publishes, with a readable non-zero supply. The full record is on the verification page.
Can I trade it right now?+
Prism quotes every trade live at the moment you ask. If no route exists at your size you will see that before signing rather than after.
