Source fetched 2026-09-22T12:27:16Z
Exact-token support is source-listed The protocol or product source names this exact token. No configuration decoding or read-only execution simulation was performed.
Source-described use: Deposit this exact mint into its configured Nest collateral market and mint the nUSD stablecoin against it.
Open SPYon token report · Open ondo-global-markets issuer dossier
k18WJUULWheRkSpSquYGdNNmtuE2Vbw1hpuUi92ondo| Role | Address | Existence check | Expected owner | Observed program owner |
|---|---|---|---|---|
| collateral-config | E4ZHNbg6acTzhcgTfAgnrwuZvHvJVu3AZLpwffrRWZ9q | exists | Not established | HxbLPNuQD7KKDVQoSQgY1cLMLrsaoseT65Xoczh7zHQW |
| collateral-vault | HzhVCuvwNvVmCwwVimhZ7QoGYnJtidCueiotesKcuJvS | exists | Not established | TokenzQdBNbLqP5VEhdkAS6EPFLC1PHnBqCXEpPxuEb |
The current source data records observed owners, not a separately published expected-owner assertion; where no such assertion exists, it remains not established. Account existence and owner corroborate the published reference but do not independently decode configuration or prove a user action can succeed.
E4ZHNbg6acTzhcgTfAgnrwuZvHvJVu3AZLpwffrRWZ9qOn-chain seizure works; redemption is gated
The protocol can transfer or sell the balance after default while transfers are open. A lender seeking cash redemption must satisfy the issuer's KYC/AML process, so autonomous liquidation depends on secondary-market depth rather than an unconditional redemption rail.
The issuer can stop, but not directly reverse
The pause and freeze authorities can immobilise affected accounts and halt transfers. No permanent delegate is present, so the observed mint controls do not themselves let the issuer extract a stolen balance; cancellation or reissue would require a separate legal and operational process.
Freezing does not unlock a stranded account
The issuer can freeze the inaccessible account but cannot transfer from it with the observed extensions. Recovery would require an evidenced cancellation/reissue process outside the escrow contract, and none is treated here as automatic.
These are issuer-plus-control-recipe conclusions from the matched legal template — not protocol simulation results.
Conditional market exit — The lender can use a checked on-chain sale route, but issuer controls, transfer conditions, or thin liquidity may prevent full realisation.