What is JPMD's quality score?

JPMD (JPMorgan (Kinexys)) scores 53/100 on OnChain Benchmark's RWA Quality Rating — Limited, as of Oct 5, 2026 (methodology v1.6).

How is JPMD's quality score calculated?

OnChain Benchmark scores JPMD across four dimensions, each out of 25: disclosure quality (4/25), redemption liquidity (17/25), structural trust (18/25), and holder concentration (8/25). 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 53/100 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 JPMD's ownership?

OnChain Benchmark scores JPMD's holder concentration 8/25 — one of the four dimensions of its quality rating, measured against free float (circulating supply outside issuer, custody, exchange, bridge and protocol wallets). A higher score means ownership is more broadly distributed; a lower score means it is held by fewer wallets.

What does Limited mean?

Under OnChain Benchmark methodology v1.6, composite scores grade as Verified Capital (≥ 85), Institutional-grade (≥ 70), Developing (55–69), and Limited (below 55). JPMD scores 53/100, placing it in Limited.

OCB — Quality Rating · Bank deposit tokens

JPMD Quality Rating

JPMD (JPMorgan (Kinexys)) scores 53/100 on OnChain Benchmark's RWA Quality Rating — rated Limited (methodology v1.6, as of Oct 5, 2026).

Latest onchain read Oct 5, 2026

Updated daily

Quality score

of 100 · Limited

Dimensions measured

of 4

Outstanding supply

$1.00M

as of Oct 5, 2026

Chains

with measured supply

Why JPMD scores 53

The biggest gap in JPMD's score is holder concentration.

Each dimension's score is multiplied by its weight and summed: 52.50 of a possible 100, rounded to 53.

Composite

53 / 100

Dimension	Score	Weight	Why it scored this
Holder Concentration Holder Concentration has not been measured for JPMD.	8 / 25	×1.3	Holder Concentration has not been measured for JPMD.
Structural Trust Custody is described by the issuer but not independently verified. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5). Upgrade factorCustody verified by a named auditor.	18 / 25	×1.4	Custody is described by the issuer but not independently verified. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5). Upgrade factorCustody verified by a named auditor.
Disclosure Quality No independent attestation of the holdings is on record. Upgrade factorRegular, dated independent attestations of the holdings.	4 / 25	×0.4	No independent attestation of the holdings is on record. Upgrade factorRegular, dated independent attestations of the holdings.
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).

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $1.00M.

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

Key facts

Issuer, rubric and methodology

Issuer: JPMorgan (Kinexys)
Asset class: Bank deposit tokens
Rubric: RWA Quality Rating
Methodology: v1.6
Last scored: Oct 5, 2026
What it is: JPMorgan's tokenized USD deposit token, a direct claim on JPMorgan Chase's balance sheet.

Chain

Share of measured supply by chain

With measured supply

Chain	Contract	Share of measured supply
Base	0x7e0aed…416b82Explorer ↗	100.0%

Evidence

Verified facts behind the rating

A sample of the verified facts behind JPMD’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 Base: 0x7e0aedc93d9f898be835a44bfca3842e52416b82 (primary deployment) Confirmed active onchain.	Aug 29, 2026	Verified against primary sources

Cite this rating

Reference JPMD’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). JPMD Quality Rating: 53/100 (Limited), as of Oct 5, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/jpmd

Harvard

OnChain Benchmark (2026) 'JPMD Quality Rating', OnChain Benchmark, Limited, 53/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/jpmd (Accessed: Oct 5, 2026).

BibTeX

@misc{ocb_jpmd_2026,
  author = {{OnChain Benchmark}},
  title = {{JPMD Quality Rating}},
  year = {2026},
  note = {53/100, Limited, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/jpmd}
}

Full diligence trail

The interactive terminal shows every verified fact behind JPMD'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

Holder Concentration

Holder Concentration has not been measured for JPMD.

8 / 25

Structural Trust

Custody is described by the issuer but not independently verified. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5).

Upgrade factorCustody verified by a named auditor.

18 / 25

Disclosure Quality

No independent attestation of the holdings is on record.

Upgrade factorRegular, dated independent attestations of the holdings.

4 / 25

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

Chain

Share of measured supply

Base

100.0%

Dimension

Finding

Verified

Disclosure Quality

Contract address verified on Base: 0x7e0aedc93d9f898be835a44bfca3842e52416b82 (primary deployment)

Confirmed active onchain.

Aug 29, 2026

@misc{ocb_jpmd_2026, author = {{OnChain Benchmark}}, title = {{JPMD Quality Rating}}, year = {2026}, note = {53/100, Limited, methodology v1.6}, url = {https://onchainbenchmark.com/instruments/jpmd} }