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01Home-chain split
02Ranked by fund
03Where capital lives
04What is measured
OCB/Data/Home-Chain Distribution
Live · Sep 10, 2026

OCB Home-Chain Distribution

For every multi-chain tokenized-Treasury fund OCB measures end-to-end, how its supply splits between the chain it was issued on and everywhere else. Read directly from onchain contract state per deployment.

Across 14 multi-chain funds, $7.28B — 53.7% of $13.56B sits off its issuance chain. Issuance chain says almost nothing about where the money settles: a fund can be issued on one chain yet hold most of its supply on another.

02 · Ranked by fund

Which funds hold the most supply off their issuance chain?

Every multi-chain tokenized-Treasury fund, ranked by the share of its supply that sits off the chain it was issued on. Click a column to sort, or filter by ticker.

Multi-chain funds ranked by off-home supply share
TickerIssuerHome chainHome %Off-home %▼Total supplyChains
USYCHashnoteEthereum1.6%98.4%$2.60B2
XTBTOpenTradeEthereum7.1%92.9%$933.41K2
EUTBLSpikoEthereum7.4%92.6%$870.97M6
TBILLOpenEdenEthereum8.3%91.7%$245.78M5
BUIDLBlackRockEthereum31.9%68.1%$2.78B8
VBILLVanEckEthereum37.5%62.5%$57.89M4
OUSGOndo FinanceEthereum42.9%57.1%$338.13M2
USTBLSpikoEthereum49.3%50.7%$158.78M5
USDYOndo FinanceEthereum53.2%46.8%$2.20B8
BENJIFranklin TempletonStellar64.8%35.2%$687.04M7
iBENJIFranklin TempletonBNB Chain88.8%11.2%$1.71B2
WTGXXWisdomTreeEthereum98.9%1.1%$1.22B3
USTBSuperstateEthereum99.0%1.0%$615.32M3
mTBILLMidasEthereum99.5%0.5%$73.03M2
03 · Where capital lives

Each fund’s supply, split across the chains it lives on.

One composition bar per fund. The largest chain carries the signal mark; the rest step down through greys. Hover a segment for the chain, amount, and share.

USYC · Hashnote1.6% on Ethereum
BNB Chain 98%
XTBT · OpenTrade7.1% on Ethereum
Avalanche 93%Ethereum 7%
EUTBL
04 · What is measured

Home chain is the chain of each fund’s primary issuance deployment. A chain’s balance sums every deployment on it — a fund with two same-chain share classes counts both. Supply is read directly from onchain contract state per deployment, and updates daily. Single-chain funds are excluded: their distribution is entirely on their home chain.

As of Sep 10, 2026

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· Spiko
7.4% on Ethereum
Stellar 47%Arbitrum 36%Ethereum 7%Polygon 7%Base 2%1 more 0%
TBILL · OpenEden8.3% on Ethereum
BNB Chain 82%XRP Ledger 9%Ethereum 8%
BUIDL · BlackRock31.9% on Ethereum
Solana 36%Ethereum 32%Avalanche 20%Aptos 6%BNB Chain 5%3 more 1%
VBILL · VanEck37.5% on Ethereum
Ethereum 37%BNB Chain 37%Solana 24%
OUSG · Ondo Finance42.9% on Ethereum
XRP Ledger 57%Ethereum 43%
USTBL · Spiko49.3% on Ethereum
Ethereum 49%Stellar 23%Arbitrum 17%Polygon 9%
USDY · Ondo Finance53.2% on Ethereum
Ethereum 53%Stellar 24%Sei 12%Solana 8%3 more 1%
BENJI · Franklin Templeton64.8% on Stellar
Stellar 65%Base 9%Ethereum 7%Arbitrum 7%Avalanche 5%2 more 8%
iBENJI · Franklin Templeton88.8% on BNB Chain
BNB Chain 89%Ethereum 11%
WTGXX · WisdomTree98.9% on Ethereum
Ethereum 99%
USTB · Superstate99.0% on Ethereum
Ethereum 99%
mTBILL · Midas99.5% on Ethereum
Ethereum 99%
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