What is FDIT's quality score?

FDIT (Fidelity (FMR)) scores 78/100 on OnChain Benchmark's RWA Quality Rating — Institutional-grade, as of Oct 5, 2026 (methodology v1.6).

How is FDIT's quality score calculated?

OnChain Benchmark scores FDIT across four dimensions, each out of 25: disclosure quality (23/25), redemption liquidity (17/25), structural trust (20/25), and holder concentration (not published — holder base too large or too widely distributed to measure to ground truth). Each is multiplied by its methodology weight (structural trust ×1.4, holder concentration ×1.3, redemption liquidity ×0.9, disclosure quality ×0.4; weights sum to 4.0) and summed into the 78/100 composite — a weighted, not a plain, sum, so the four dimension scores do not add directly to the total. The full rubric is published at onchainbenchmark.com/methodology.

How concentrated is FDIT's ownership?

OnChain Benchmark does not publish a holder-concentration figure for FDIT: its holder base cannot be measured to ground truth (holder concentration is withheld rather than published as an unverifiable number). FDIT's composite reflects its other measured dimensions.

What does Institutional-grade mean?

Under OnChain Benchmark methodology v1.6, composite scores grade as Verified Capital (≥ 85), Institutional-grade (≥ 70), Developing (55–69), and Limited (below 55). FDIT scores 78/100, placing it in Institutional-grade. Note that one of four dimensions cannot yet be measured for this instrument: Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published. The composite reflects the three measured dimensions, renormalized.

OCB — Quality Rating · Tokenized treasuries

FDIT Quality Rating

FDIT (Fidelity (FMR)) scores 78/100 on OnChain Benchmark's RWA Quality Rating — rated Institutional-grade (methodology v1.6, as of Oct 5, 2026).

Latest onchain read Oct 5, 2026

Updated daily

Quality score

of 100 · Institutional-grade

Dimensions measured

of 4

Outstanding supply

$23.15M

as of Oct 5, 2026

Chains

with measured supply

Why FDIT scores 78

The biggest gap in FDIT's score is that only institutions can redeem.

The three measured dimensions, each multiplied by its weight, total 52.5 of a possible 67.5. Rescaled to 100, that is 77.78, rounded to 78.

Composite

78 / 100

Dimension	Score	Weight	Why it scored this
Redemption Liquidity Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it. Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).	17 / 25	×0.9	Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it. Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).
Structural Trust Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5). Upgrade factorCustody verified independently, with public reports.	20 / 25	×1.4	Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5). Upgrade factorCustody verified independently, with public reports.
Disclosure Quality The holdings are confirmed monthly rather than daily. Upgrade factorDaily holdings filings required by a regulator.	23 / 25	×0.4	The holdings are confirmed monthly rather than daily. Upgrade factorDaily holdings filings required by a regulator.
Holder Concentration Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published.	— / 25	×1.3	Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published.

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $23.15M.

Source: OCB Quality Ratings · FDIT · onchainbenchmark.comMeasured daily · Oct 5, 2026

OCB Instrument

Rating history

FDIT’s quality rating, measured daily.

Source: OCB Quality Ratings · FDIT · onchainbenchmark.comRecomputed daily · Oct 5, 2026

Key facts

Issuer, rubric and methodology

Issuer: Fidelity (FMR)
Asset class: Tokenized treasuries
Rubric: RWA Quality Rating
Methodology: v1.6
Last scored: Oct 5, 2026
What it is: Fidelity Digital Interest Token, a tokenized share of Fidelity's SEC-registered Treasury money market fund.

Chain

Share of measured supply by chain

With measured supply

Chain	Contract	Share of measured supply
Ethereum	0x48ab4e…02717fExplorer ↗	100.0%

Evidence

Verified facts behind the rating

A sample of the verified facts behind FDIT’s score. The full diligence trail is in the terminal.

Facts shown

Dimension	Fact	Finding	Verified	Source
Disclosure Quality	Contract address	Contract address verified on Ethereum: 0x48ab4e39ac59f4e88974804b04a991b3a402717f (primary deployment) Confirmed active onchain.	Aug 10, 2026	Verified against primary sources

Cite this rating

Reference FDIT’s rating

Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.

Plain

OnChain Benchmark (2026). FDIT Quality Rating: 78/100 (Institutional-grade), as of Oct 5, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/fdit

Harvard

OnChain Benchmark (2026) 'FDIT Quality Rating', OnChain Benchmark, Institutional-grade, 78/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/fdit (Accessed: Oct 5, 2026).

BibTeX

@misc{ocb_fdit_2026,
  author = {{OnChain Benchmark}},
  title = {{FDIT Quality Rating}},
  year = {2026},
  note = {78/100, Institutional-grade, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/fdit}
}

Full diligence trail

The interactive terminal shows every verified fact behind FDIT's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

Open in the terminal →Read the methodology →

Dimension

Score

Redemption Liquidity

Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it.

Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).

17 / 25

Structural Trust

Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5).

Upgrade factorCustody verified independently, with public reports.

20 / 25

Disclosure Quality

The holdings are confirmed monthly rather than daily.

Upgrade factorDaily holdings filings required by a regulator.

23 / 25

Holder Concentration

Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published.

— / 25

Chain

Share of measured supply

Ethereum

100.0%

Dimension

Finding

Verified

Disclosure Quality

Contract address verified on Ethereum: 0x48ab4e39ac59f4e88974804b04a991b3a402717f (primary deployment)

Confirmed active onchain.

Aug 10, 2026

@misc{ocb_fdit_2026, author = {{OnChain Benchmark}}, title = {{FDIT Quality Rating}}, year = {2026}, note = {78/100, Institutional-grade, methodology v1.6}, url = {https://onchainbenchmark.com/instruments/fdit} }