ONCHAINBENCHMARKThe measurement standard for tokenized capital
IndexesResearchCoverageLog inOpen Terminal ↗

OCB — Trust Rating

mTBILL Trust Rating

Midas · EEA-prospectus tokenized U.S. Treasury bill exposure via BlackRock's Treasury Bond fund, NAV-accumulating.

mTBILL (Midas) scores 42/100 on OnChain Benchmark's Verified Capital Trust Rating — Unverifiable band — across four dimensions: disclosure quality 1/25, redemption liquidity 19/25, structural trust 14/25, and holder concentration 4/25 (methodology v1.1, as of Jul 7, 2026).

mTBILLTokenized U.S. Treasuries

Verified Capital Trust Rating

42/ 100
Limited

OCB — 01

mTBILL across four dimensions

Each dimension contributes up to 25 points to the composite trust rating. Last scored Jul 7, 2026 on methodology v1.1.

DimensionScore
Disclosure Quality1 / 25
Redemption Liquidity19 / 25
Structural Trust14 / 25
Holder Concentration4 / 25
Composite42 / 100

OCB — 02

Evidence behind the rating

A sample of the verified facts behind mTBILL's score. Each finding carries a confidence level; the full diligence trail is in the terminal.

  • Disclosure Qualitycontract address95% confidence

    Contract address verified on Ethereum: 0xdd629e5241cbc5919847783e6c96b2de4754e438 (primary deployment)

    Verified Jun 13, 2026· instrument_deployments registry — chain_id 1
  • Disclosure Qualitycontract address95% confidence

    Contract address verified on Base: 0xDD629E5241CbC5919847783e6C96B2De4754e438 (Base deployment)

    Verified Jun 13, 2026· instrument_deployments registry — chain_id 8453
  • Holder Concentrationdata gap90% confidence

    No holder concentration data available at time of scoring run.

    Verified Jun 13, 2026
  • Redemption Liquidityredemption path85% confidence

    Direct redemption path available (profile: retail accessible moderate). Direct path score: 19.0/25. No onchain liquidity depth recorded at time of scoring.

    Verified Jun 13, 2026· norm_redemption_liquidity row observed 1d ago

OCB — 03

Key facts

Issuer
Midas
Asset class
Tokenized U.S. Treasuries
Collected chains
Ethereum · Base
Catalogued, not collected
Arbitrum
Methodology
v1.0
Last scored
Jul 7, 2026
Rubric
Verified Capital Trust Rating
Full diligence trail

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

View full diligence trail in the terminal →Read the methodology →
OnChain Benchmark
HomeIndexCoverageMethodologySubmit for inclusion
Independent · Not investment advice