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OCB — Trust Rating

NS2DRP Trust Rating

New Silver · Senior (DROP) tranche of Centrifuge's New Silver Series 2 Tinlake pool, backed by U.S. residential construction loans.

NS2DRP (New Silver) scores 52/100 on OnChain Benchmark's Verified Capital Trust Rating — Limited band — across four dimensions: disclosure quality 1/25, redemption liquidity 17/25, structural trust 14/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.4, as of Sep 2, 2026).

NS2DRPTokenized Private Credit

Verified Capital Trust Rating

52/ 100
Limited

OCB — 01

NS2DRP 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 Sep 2, 2026 on methodology v1.4.

DimensionScoreWeight
Disclosure Quality1 / 25×0.4
Redemption Liquidity17 / 25×0.9
Structural Trust14 / 25×1.4
Holder ConcentrationNot measured×1.3
CompositeΣ (score × weight)52 / 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

Evidence behind the rating

A sample of the verified facts behind NS2DRP'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: 0xE4C72b4dE5b0F9ACcEA880Ad0b1F944F85A9dAA0 (primary deployment)

    Confirmed active onchain.

    Verified Aug 29, 2026· instrument_deployments registry — chain_id 1
  • Disclosure Qualitycontract address95% confidence

    Contract address verified on Ethereum: 0x961e1d4c9A7C0C3e05F17285f5FA34A66b62dBb1 (Ethereum deployment)

    Confirmed active onchain.

    Verified Aug 29, 2026· instrument_deployments registry — chain_id 1
  • Holder Concentrationdata gap90% confidence

    No holder concentration data available at time of scoring run.

    This gap is re-checked each scoring cycle and will close once verifiable data is available; its provenance is re-verified on each quarterly audit.

    Verified Aug 29, 2026
  • Redemption Liquidityredemption path85% confidence

    Direct redemption path available (profile: institutional only). Direct path score: 17.0/25. No onchain liquidity depth recorded at time of scoring.

    Redemption profiles can change without notice; the underlying redemption data is refreshed each scoring cycle and the provenance is re-verified at onboarding and on each quarterly audit.

    Verified Aug 29, 2026· norm_redemption_liquidity row observed 0d ago

OCB — 03

Key facts

Issuer
New Silver
Asset class
Tokenized Private Credit
Tracked supply
$18.45Mas of Sep 1, 2026
Chain
ETHEthereum
Methodology
v1.4
Last scored
Sep 2, 2026
Rubric
Verified Capital Trust Rating
Full diligence trail

The interactive terminal shows every verified fact behind NS2DRP'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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