What is WEAT.d's quality score?

WEAT.d (Dinari) scores 52/100 on OnChain Benchmark's RWA Quality Rating — Limited, as of Oct 10, 2026 (methodology v1.6).

How is WEAT.d's quality score calculated?

OnChain Benchmark scores WEAT.d across four dimensions, each out of 25: disclosure quality (1/25), redemption liquidity (17/25), structural trust (14/25), and holder concentration (not published). 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 52/100 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.

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). WEAT.d scores 52/100, placing it in Limited. Note that one of four dimensions cannot yet be measured for this instrument: Almost all of its supply is still held by the issuer or its distribution infrastructure, so there is no meaningful distributed float to measure and no concentration figure is published. The composite reflects the three measured dimensions, renormalized.

OCB — Quality Rating · Commodity ETFs

WEAT.d Quality Rating

Q: How concentrated is WEAT.d's ownership?

OnChain Benchmark does not publish a holder-concentration figure for WEAT.d. Almost all of its supply is still held by the issuer or its distribution infrastructure, so there is no meaningful distributed float to measure and no concentration figure is published. WEAT.d's composite reflects its other measured dimensions.

WEAT.d (Dinari) scores 52/100 on OnChain Benchmark's RWA Quality Rating — rated Limited (methodology v1.6, as of Oct 10, 2026).

Latest onchain read Oct 10, 2026

Updated daily

Quality score

of 100 · Limited

Dimensions measured

of 4

Outstanding supply

$42.04

as of Oct 10, 2026

Chains

with measured supply

Why WEAT.d scores 52

The biggest gap in WEAT.d's score is how its custody is verified.

The three measured dimensions, each multiplied by its weight, total 35.3 of a possible 67.5. Rescaled to 100, that is 52.30, rounded to 52.

Composite

52 / 100

Dimension	Score	Weight	Why it scored this
Structural Trust Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a minimal multisig (such as 2-of-3). Upgrade factorCustody verified independently, with public reports.	14 / 25	×1.4	Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a minimal multisig (such as 2-of-3). Upgrade factorCustody verified independently, with public reports.
Disclosure Quality No independent attestation of the holdings is on record. There is no independent way to check the holdings. Upgrade factorRegular, dated independent attestations of the holdings.	1 / 25	×0.4	No independent attestation of the holdings is on record. There is no independent way to check the holdings. 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).
Holder Concentration Almost all of its supply is still held by the issuer or its distribution infrastructure, so there is no meaningful distributed float to measure and no concentration figure is published.	— / 25	×1.3	Almost all of its supply is still held by the issuer or its distribution infrastructure, so there is no meaningful distributed float to measure and no concentration figure is published.

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $42.04.

Source: OCB Quality Ratings · WEAT.d · onchainbenchmark.comMeasured daily · Oct 10, 2026

OCB Instrument

Rating history

WEAT.d’s quality rating, measured daily.

Source: OCB Quality Ratings · WEAT.d · onchainbenchmark.comRecomputed daily · Oct 10, 2026

Key facts

Issuer, rubric and methodology

Issuer: Dinari
Asset class: Commodity ETFs
Rubric: RWA Quality Rating
Methodology: v1.6
Last scored: Oct 10, 2026
What it is: Tokenized Teucrium Wheat Fund, tracking wheat futures prices via Dinari.

Chain

Share of measured supply by chain

With measured supply

Chain	Contract	Share of measured supply
Arbitrum	0xc20770…012377Explorer ↗	100.0%

Evidence

Verified facts behind the rating

A sample of the verified facts behind WEAT.d’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 Arbitrum: 0xc20770116f2821d550574c2b9ce1b4baa7012377 (primary deployment) Address confirmed active onchain.	Jun 13, 2026	Verified against primary sources

Cite this rating

Reference WEAT.d’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). WEAT.d Quality Rating: 52/100 (Limited), as of Oct 10, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/weat-d

Harvard

OnChain Benchmark (2026) 'WEAT.d Quality Rating', OnChain Benchmark, Limited, 52/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/weat-d (Accessed: Oct 10, 2026).

BibTeX

@misc{ocb_weat-d_2026,
  author = {{OnChain Benchmark}},
  title = {{WEAT.d Quality Rating}},
  year = {2026},
  note = {52/100, Limited, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/weat-d}
}

Full diligence trail

The interactive terminal shows every verified fact behind WEAT.d'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

Structural Trust

Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a minimal multisig (such as 2-of-3).

Upgrade factorCustody verified independently, with public reports.

14 / 25

Disclosure Quality

No independent attestation of the holdings is on record. There is no independent way to check the holdings.

Upgrade factorRegular, dated independent attestations of the holdings.

1 / 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

Holder Concentration

Almost all of its supply is still held by the issuer or its distribution infrastructure, so there is no meaningful distributed float to measure and no concentration figure is published.

— / 25

Chain

Share of measured supply

Arbitrum

100.0%

Dimension

Finding

Verified

Disclosure Quality

Contract address verified on Arbitrum: 0xc20770116f2821d550574c2b9ce1b4baa7012377 (primary deployment)

Address confirmed active onchain.

Jun 13, 2026

@misc{ocb_weat-d_2026, author = {{OnChain Benchmark}}, title = {{WEAT.d Quality Rating}}, year = {2026}, note = {52/100, Limited, methodology v1.6}, url = {https://onchainbenchmark.com/instruments/weat-d} }