What is USCC's quality score?

USCC (Bitwise) scores 50/100 on OnChain Benchmark's RWA Quality Rating — Limited, as of Sep 27, 2026 (methodology v1.6).

How is USCC's quality score calculated?

OnChain Benchmark scores USCC across four dimensions, each out of 25: disclosure quality (18/25), redemption liquidity (17/25), structural trust (12/25), 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 50/100 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 USCC's ownership?

OnChain Benchmark scores USCC's holder concentration 8/25 — one of the four dimensions of its quality rating, measured against free float (circulating supply outside issuer and custody wallets), aggregated across all chains. 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). USCC scores 50/100, placing it in Limited.

OCB — Quality Rating

USCC Quality Rating

Bitwise · Tokenized crypto carry fund that earns yield from the basis between spot and futures prices, NAV-accumulating.

USCC (Bitwise) scores 50/100 on OnChain Benchmark's RWA Quality Rating — rated Limited — across four dimensions: disclosure quality 18/25, redemption liquidity 17/25, structural trust 12/25, and holder concentration 8/25 (methodology v1.6, as of Sep 27, 2026).

USCCbasis_trade

RWA Quality Rating

50/ 100

Limited

OCB — 01

USCC 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 27, 2026 on methodology v1.6.

Dimension	Score	Weight
Disclosure Quality	18 / 25	×0.4
Redemption Liquidity	17 / 25	×0.9
Structural Trust	12 / 25	×1.4
Holder Concentration	8 / 25	×1.3
CompositeΣ (score × weight)	50 / 100

OCB — 02

Rating history

USCC has held its 50/100 quality rating (Limited) with no change since Sep 16, 2026. A movement chart appears once the rating has enough history to show a change; the line moves only when the market does.

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Evidence behind the rating

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

Disclosure Qualitycontract address
Contract address verified on Ethereum: 0x14d60E7FDC0D71d8611742720E4C50E7a974020c (primary deployment)
Confirmed active onchain.
Verified Sep 2, 2026· instrument_deployments registry — chain_id 1

OCB — 04

Key facts

Issuer: Bitwise
Asset class: basis_trade
Methodology: v1.6
Last scored: Sep 27, 2026
Rubric: RWA Quality Rating

Chain

ETHEthereum

0x14d60E…74020cExplorer ↗

Cite this rating

Reference USCC's rating

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

Plain

OnChain Benchmark (2026). USCC Quality Rating: 50/100 (Limited), as of Sep 27, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/uscc

Harvard

OnChain Benchmark (2026) 'USCC Quality Rating', OnChain Benchmark, Limited, 50/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/uscc (Accessed: Sep 27, 2026).

BibTeX

@misc{ocb_uscc_2026,
  author = {{OnChain Benchmark}},
  title = {{USCC Quality Rating}},
  year = {2026},
  note = {50/100, Limited, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/uscc}
}

Or pull the data: USCC rating (CSV)

Full diligence trail

The interactive terminal shows every verified fact behind USCC'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 →