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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 55/100 on OnChain Benchmark's Verified Capital Trust Rating — Limited band — across four dimensions: disclosure quality 1/25, redemption liquidity 19/25, structural trust 14/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.2, as of Aug 26, 2026).

mTBILLTokenized U.S. Treasuries

Verified Capital Trust Rating

55/ 100
Limited

OCB — 01

mTBILL across four dimensions

Each dimension is scored out of 25, then multiplied by its weight and summed into the /100 composite — so the four dimension scores are a weighted, not a plain, sum. Last scored Aug 26, 2026 on methodology v1.2.

DimensionScoreWeight
Disclosure Quality1 / 25×0.4
Redemption Liquidity19 / 25×0.9
Structural Trust14 / 25×1.4
Holder ConcentrationNot measured×1.3
CompositeΣ (score × weight)55 / 100

Holder Concentration is withheld 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 — 02

OCB Instrument

Rating history

mTBILL’s trust rating, measured daily.
ONCHAIN
BENCHMARK
Source: mTBILL · Verified Capital Trust Rating · onchainbenchmark.com2026-08-26 · Recomputed daily

OCB — 03

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)

    Address confirmed active onchain.

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

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

    Address confirmed active onchain.

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

    No holder concentration data available at time of scoring run.

    This gap is re-checked on every scoring run and will close once verifiable data is available.

    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.

    Redemption profiles can change without notice; this is re-verified on every scoring cycle.

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

OCB — 04

Key facts

Issuer
Midas
Asset class
Tokenized U.S. Treasuries
Collected chains
Ethereum · Base
Catalogued, not collected
Arbitrum
Methodology
v1.2
Last scored
Aug 26, 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 →
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