USDG (Bonk Market)
USDGFrequently asked
Is USDG (Bonk Market) FDIC or SIPC insured?
No. USDG (Bonk Market) is a crypto earn product, not a bank deposit — the USDG is held and deployed by kamino-lend, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~2% yield come from?
USDG (Bonk Market) deploys the deposited USDG to generate the rate; it is variable, not fixed.
Is USDG safe?
USDG scores A/92 on StableLens compliance, and aligns with the GENIUS Act framework. That is a methodology classification, not a guarantee — see the USDG report for reserves, attestations, and peg history.
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