ONCHAINBENCHMARKThe measurement standard for tokenized capital
IndicesDataRatingsMethodologyResearchReportsAboutLog inOpen Terminal ↗
Live
Tracked capitalUS$18.67B
RWA Quality67.9
Inst-grade capitalUS$8.29B
Stablecoin QualityUS$79.68B
Liquidity Depth16.4 bps
Rated instruments84
Chains with rated instruments35
OCB — Reports

Findings from the onchain record.

Data journalism from OCB's own pipeline — 84 rated instruments on 35 chains, read daily. Every number is independently reproducible onchain.

Fri, Oct 9, 2026
Updated daily · 23:30 UTC close
Featured reportTokenized Treasuries · Oct 9

Holders Redeemed 13.56% of Spiko's Euro T-Bill Fund in Two Weeks, and the Outflow Has Not Stopped

EUTBL's tokens outstanding fell 13.56% between the September 26 and October 8, 2026 closes, about US$100.27M at today's price, in the month the European Central Bank raised its deposit rate to 2.50%. A single account accounted for 4.62% of the fund on October 2, and the outflow continued in the second week. For anyone holding, lending against or allocating to a tokenized money fund, it is a measure of how concentrated and how mobile its base is.

−13.56%EUTBL tokens outstanding, Sep 26–Oct 8 closes
US$100.27MNet redemptions at the Oct 9 price
4.62%Fund redeemed by one account on Oct 2
Read the full report →
Chain
OCB — 02

All reports

Fri, Oct 9, 20261 report
05:19 PM UTCTokenized TreasuriesarbitrumstellarethereumHolders Redeemed 13.56% of Spiko's Euro T-Bill Fund in Two Weeks, and the Outflow Has Not StoppedEUTBL's tokens outstanding fell 13.56% between the September 26 and October 8, 2026 closes, about US$100.27M at today's price, in the month the European Central Bank raised its deposit rate to 2.50%. A single account accounted for 4.62% of the fund on October 2, and the outflow continued in the second week. For anyone holding, lending against or allocating to a tokenized money fund, it is a measure of how concentrated and how mobile its base is.−13.56%EUTBL tokens outstanding in two weeks →
Wed, Oct 7, 20261 report
06:30 PM UTCStablecoinsethereumsolanaZand’s Dirham Stablecoin Grew 4.88-Fold in 19 Days, to US$274.01 Million; on Ethereum, 98.96% Sits in Five Undivided BlocksLocal-currency stablecoins are being pitched as payment money. Zand’s AEDZ went from AED 206.00 million to AED 1.01 billion between September 17 and October 6 on Ethereum and Solana, in five issuance days, and on Ethereum, which holds about half that supply, each new block still sits whole at a single address, a pattern consistent with wholesale allocation. The open question for central banks now studying national stablecoins is whether those blocks ever turn into circulating float.4.88xAEDZ supply growth in 19 days, to US$274.01M →
Mon, Oct 5, 20262 reports
11:04 PM UTCStablecoinsHyperliquid Now Holds 58% More USDC Than Coinbase's Own Chain, and Most of Its Yield Goes to Hyperliquid.Five months after Coinbase and Circle agreed to hand Hyperliquid most of the yield on its USDC, the trading venue's chain holds US$6.93 billion of it. Base, the chain Coinbase built, holds US$4.38 billion. More of Circle's dollar now sits where the venue, not Circle and Coinbase, takes most of the yield.1.58×as much USDC on Hyperliquid as on Coinbase's Base → 05:13 PM UTCStablecoinsUSDe Grew 20.5% in September. Its Token Incentives Ended on September 30.Ethena's synthetic dollar added US$835.17 million in a month. Four of every five new dollars went to just three places, and the largest is a lending market. The token rewards that rode along with that growth ended with September.+US$835.17MUSDe added from the Aug 29 close to the Sep 29 close →
Fri, Oct 2, 20261 report
04:30 PM UTCTokenized TreasuriesethereumsolanaBlackRock’s BUIDL More Than Halved on Ethereum in September. On Solana, It Is Now 2.18 Times Larger.BlackRock’s tokenized Treasury fund launched on Ethereum, and Ethereum is still the chain most people picture it on. In September its supply there fell from US$963.36 million to US$443.28 million, while its supply on Solana rose to US$967.48 million. The fund’s Solana footprint is now more than twice its Ethereum footprint.2.18xBUIDL on Solana relative to BUIDL on Ethereum, Oct 1, 2026 →
Thu, Oct 1, 20261 report
09:44 PM UTCMarket StructureethereumAs Gold Slid More Than 11% From Its Peak, Tether Released 96,500 Ounces of Tokenized Gold — Its Biggest Month of 2026Tether moved 96,500 XAUT out of its Ethereum reserve in September, after releasing none in July or August. The releases nearly emptied the reserve, and on Sept. 28 Tether minted 119,671 new tokens. PAX Gold grew less than 1% over the same month.96,500 ozXAUT Tether released into circulation on Ethereum in September, its largest month of 2026 →
Wed, Sep 30, 20261 report
11:00 PM UTCStablecoinsPayPal Took PYUSD to 70 Markets. 88% of It Still Lives on Two Chains.PayPal now offers PYUSD in 70 markets, and Ripple's RLUSD has closed to within US$186 million of it. Onchain, PayPal's dollar is far narrower than its distribution: 88% of its US$2.71 billion supply sits on Ethereum and Solana.88%of PayPal's PYUSD sits on two chains — Ethereum and Solana →
Mon, Sep 28, 20261 report
04:21 PM UTCTokenized TreasuriesTokenized Money Funds Cut Their Maturities 39% Before the Fed Hiked. Fidelity's US$463 Billion Government Fund Barely Moved.Between June and August, the four tokenized government money market funds we track that report to the SEC cut their weighted-average maturity from an average of 37 days to 22. Over the same months, Fidelity's conventional government and Treasury funds stayed between 42 and 49 days. In the last filings before the Fed raised rates on September 16, the tokenized funds held the shortest paper in the comparison, the position that passes a rate increase through to holders fastest.−39%cut in tokenized money funds' average maturity, Jun 30 to Aug 31, before the Fed hike →
Fri, Sep 25, 20261 report
07:21 PM UTCTokenized TreasuriesethereumTokenized Treasuries Shrank US$1.2 Billion in the Month the Fed Hiked. One Wallet Redeemed US$1.1 Billion of It.Higher rates were supposed to feed tokenized Treasury funds. In the month the Federal Reserve raised rates, the category shrank 8.0%, and US$1.1 billion of the decline traces to a single allocator in the Sky ecosystem redeeming its BlackRock and Janus Henderson positions. The category's size is a handful of balance sheets' decisions, not a reading of investor demand.US$1.1BRedeemed by one allocator's wallet as tokenized Treasuries shrank US$1.2B in September →
Thu, Sep 24, 20261 report
04:40 PM UTCTokenized TreasuriesThree Tokenized Cash Funds, Three Very Different Maturity BooksJPMorgan's, WisdomTree's and Franklin's tokenized government cash funds all trade at $1 and call themselves the same kind of onchain cash. Their SEC filings say otherwise: weighted-average maturity runs from 13 to 37 days, and weighted-average life — the final-maturity measure a headline WAM hides — reaches 113 days for Franklin, which holds agency notes maturing out to 2028. As these funds move into collateral and stablecoin reserves, that gap is what a lender's haircut is actually pricing.13–113 daysthe maturity range hiding inside three near-identical tokenized cash funds →
Wed, Sep 23, 20261 report
03:15 AM UTCStablecoinsOne Dollar, Three Chains: USD1 Is the Only Major Stablecoin Split in ThirdsLaunched as a BNB Chain-centric dollar, USD1 now holds 36.2% of its supply on Ethereum, 31.5% on BNB Chain and 31.2% on Solana. No other dollar stablecoin above US$500 million is spread this evenly, and the gap narrowed over the past month.36 / 31 / 31USD1's split across Ethereum, BNB Chain and Solana — the only major dollar in thirds →
Tue, Sep 22, 20261 report
08:15 PM UTCMarket Structureethereumbnb chainThere's US$5.7 Billion of Tokenized Gold. One Token Holds the Top Grade.Tokenized gold has grown into a US$5.7 billion market as gold trades back above US$4,300 an ounce, and 88% of it is two tokens — Tether Gold at about US$3.1 billion and PAX Gold at about US$1.9 billion. But run both through the same trust rating and they split. Only PAX Gold clears our top Verified Capital grade; Tether Gold, the larger of the two, sits a tier below it. The reason isn't size — it's regulatory structure and how often each proves its reserves. So the highest-graded slice of tokenized gold isn't the whole US$5.7 billion. It's about a third of it, and it is one token.88%Of tokenized gold is just two tokens: Tether Gold and PAX Gold →
Fri, Sep 18, 20261 report
03:56 PM UTCStablecoinsRipple Wants RLUSD to Be a Treasury Dollar. Just 12,458 Wallets Hold It on Ethereum.Ripple is pitching RLUSD as a $13 trillion corporate-treasury opportunity. Our holder data shows that ambition is already the reality: ~US$1.34 billion in supply on Ethereum sits in just 12,458 wallets — fewer than DAI, PYUSD, USDe, and USDS, each of which carries more supply on Ethereum. That's roughly US$108,000 per wallet. RLUSD hasn't gone retail. It went straight to treasuries.12,458wallets hold RLUSD's ~US$1.34B Ethereum supply →
Wed, Sep 16, 20261 report
03:06 AM UTCMarket StructureTake Away USDC and USDT, and These US$105B Chain Markets Shrink to US$1.9BHyperliquid, Tron and Base hold US$105.1 billion of measured onchain cash and funds. But USDC and USDT account for US$103.2 billion of it. Remove those two stablecoins and just US$1.9 billion remains. The numbers measure stablecoin distribution, not three broad tokenized-asset markets.98.2%of the three-chain total is USDC or USDT →
Mon, Sep 14, 20261 report
07:15 PM UTCTokenized TreasuriesThe Second-Biggest Tokenized Treasury Fund Lives on Binance's Chain, Not EthereumThe consensus is that tokenized real-world assets live on Ethereum. The second-largest tokenized Treasury fund, the US$2.6 billion USYC issued by Circle, keeps 98% of its supply on BNB Chain and 2% on Ethereum. On BNB Chain, that US$2.6 billion sits in a single wallet. USYC is not built for Ethereum's DeFi; it is built to serve as collateral on Binance, and its supply reflects that purpose.98%of the US$2.6B USYC sits on BNB Chain — in a single wallet →
Wed, Sep 2, 20261 report
03:33 AM UTCStablecoinsThis Dollar Pays Exchanges to Distribute It. Nearly Half of It Now Sits on OKX's Chain.Most stablecoins are neutral infrastructure: the issuer keeps the interest on the reserves, and the coin sits wherever users take it. USDG is built the other way. It rebates almost all of its reserve yield to the exchanges that distribute it — and each exchange, paid to grow the supply it hosts, pulls that supply onto its own chain. The result is visible onchain: X Layer, the chain OKX built, holds more of USDG's supply than any other chain — more than double its nearest rival — while Ethereum holds just 10%, the least of its four main chains. It is a small coin, but it is the clearest early picture of a model that could split the onchain dollar by exchange.45.5%of USDG sits on X Layer — OKX's chain — more than double its nearest rival →
Mon, Aug 31, 20261 report
06:11 PM UTCStablecoinsOnly 30% of the Dollar Stablecoins We Measure Disclose Their Reserves in Full. Here's What the Other US$205 Billion Holds.The US-dollar stablecoins we measure are worth nearly US$294 billion, and they are treated as one thing: a digital dollar that holds a dollar. Weigh it instead by how completely each issuer discloses what backs that dollar, and it splits three ways. About 30% — more than US$88 billion — is disclosed line by line, down to individual Treasury bills and, for most of it, the banks holding the cash. About 63% is attested, but only in broad categories. And roughly 7% isn't a conventional cash reserve at all. Every one of these tokens trades at a dollar. What sits behind the dollar, and how much of it you can see, is where they part.30%Share of the stablecoin market whose reserves are disclosed line by line →
Fri, Aug 28, 20261 report
06:00 PM UTCMarket StructureethereumsolanaarbitrumWall Street Raced to Tokenize Treasury Funds. It Left Tokenized Stocks — the Part Retail Actually Wants — to a Single Crypto Startup.Many of the largest asset managers now have a tokenized Treasury fund, and they compete head-to-head onchain: Franklin Templeton, Fidelity, JPMorgan, State Street and BlackRock are all there, none of them dominant. Tokenized stocks are the opposite. The category everyone points to as tokenization's consumer breakthrough is, underneath, a near-monopoly — one crypto-native firm issues 83.5% of the tokenized stocks we track, and the big traditional names are absent. That split says something about where the serious money thinks the opportunity is — and it means the tokenized asset most people want to buy is the one where you carry the most single-issuer risk.22 vs 1Firms competing in tokenized Treasuries vs the one behind most tokenized stocks →
Tue, Aug 25, 20262 reports
09:03 PM UTCStablecoinsRipple's Dollar Crossed US$2 Billion — Most of It Now Sits on Ethereum, Not the XRP LedgerWhile the largest dollar tokens stood mostly still, Ripple's RLUSD grew by more than half over nine weeks and crossed US$2 billion in supply — the fastest-growing major stablecoin we measure. Along the way it flipped from majority-XRP-Ledger to a clear, sustained Ethereum majority, the chain the token is not named for.US$2.52BRLUSD supply — a majority now on Ethereum, not the XRP Ledger → 07:10 AM UTCTokenized TreasuriesThe Onchain US Treasury Rail We Measure Is US$15 Billion. The Stablecoin Backing the New Rules Would Push Out Is US$20.9 Billion.This month BlackRock launched two tokenized money funds built to be eligible stablecoin reserves under the GENIUS Act — a bet that issuers will need somewhere onchain to park compliant reserves. Measure both sides of that bet and the supply looks short. Every US-dollar tokenized Treasury fund we measure, added together, comes to about US$15 billion. The stablecoin backing that sits on mechanisms the eligible-asset list leaves out — the capital a compliant market would push toward exactly these funds — is US$20.9 billion. The demand already exceeds the entire rail we measure.~$15BThe entire onchain US-dollar tokenized-Treasury rail, all funds combined →
Fri, Aug 21, 20262 reports
03:26 AM UTCTokenized EquitiesYou Can Buy 880 Tokenized Stocks Onchain. You Can Redeem 31 of Them at the Issuer.The pitch for tokenized stocks is ownership without a brokerage: buy Apple or Nvidia onchain, hold it in a wallet, trade it any hour. Look at what the token entitles you to do, though, and a line runs through the market. For almost every one of these tokens, you can sell on a venue but you cannot redeem at the issuer — the token is exposure through a special-purpose vehicle, a certificate that tracks a price, or a redemption gated to vetted investors with a five-figure minimum. One issuer's tokens let an ordinary holder cash in the token for a real share. There are 31 of them.3.5%Share of tokenized stocks an ordinary holder can redeem at the issuer → 02:36 AM UTCStablecoinsThe New Stablecoin Rulebook Would Exclude US$20 Billion in Backing. Nearly 1 in 5 Dollars Outside Tether.The GENIUS Act does more than require a stablecoin to hold a dollar for every dollar issued. It defines a closed list of what that reserve may be — cash, insured deposits, short-dated Treasury bills, overnight government repos — and by drawing the list, it excludes three ways a large part of the onchain-dollar market already backs itself: crypto collateral held in excess, a synthetic futures hedge, and tokenized real-world assets. Measured against live supply, about US$20 billion of dollar stablecoins is built on a mechanism the list leaves out. Set aside offshore USDT, which answers to a separate track, and that is nearly one dollar in five.18.2%Share of dollar stablecoins outside Tether backed by a mechanism the eligible-asset list excludes →
Fri, Aug 14, 20261 report
09:21 PM UTCMarket StructureGold Rallied 8%. The Largest Regulated Tokenized Gold Got More Valuable — While Its Holders Were Redeeming.Gold ran about 8% higher across late July and August. PAXG, the largest US-regulated tokenized gold, saw its dollar value rise about 6% in step — the kind of move that reads as new money arriving. Onchain, the opposite happened: the amount of gold the token holds on Ethereum, where more than 99% of the token sits, fell 1.85%. The dollars grew because gold grew; the ounces left. It is a clean example of why a tokenized asset's dollar AUM is not, by itself, a demand signal.−8,247 ozredeemed as gold rallied →
Tue, Aug 11, 20261 report
05:07 PM UTCStablecoinsThe Day $1.75 Billion of USDT ‘Left’ Ethereum — and $670 Million of It Never Left Tether’s Own WalletThe market is calling it a stablecoin supply war: USDC gaining, USDT shrinking. On August 10, the largest dollar token's raw supply on Ethereum dropped $1.75 billion in a single intra-day step. But most of that was Tether moving its own inventory: measured at circulating supply, about $1 billion relocated to Tron and roughly $670 million simply came out of Tether's own Ethereum treasury wallet. Net circulating change across the two chains: essentially zero. That is a chain swap — mechanics, not demand — visible onchain the moment it happens.$0.67Bof the $1.75B Ethereum drop that never left Tether's own wallet →
Mon, Aug 10, 20261 report
05:03 PM UTCStablecoinsThey're All Called Stablecoins. They All Hold a Dollar. We Classified What's Actually Behind It: Five Different Backing Models, From Circle's Cash to Ethena's Futures Hedge to a Dollar Backed by Tokenized Treasuries.Every stablecoin makes the same promise — one token, one dollar. Classify what actually sits behind the dollar and the single category splits into five: cash and Treasuries, over-collateralized crypto, a futures hedge with no reserves at all, backing by another tokenized asset, and disclosure only in aggregate. The peg is the same across all of them. What guarantees it — and whether anyone can check it — is not.5 modelsbehind one shared dollar →
Fri, Aug 7, 20261 report
02:42 PM UTCTokenized TreasuriesWall Street Is Putting Its Safest Funds Onchain. That Makes Them Faster and More Flexible — and Quietly Changes One Thing Investors Have Always Taken for Granted: Whether the Rules Can Change.A tokenized money-market fund is two things at once: a claim on real Treasury bills, and a piece of software. The Treasury bills are the part everyone underwrites. The software is where the control lives — and in 26 of the 27 rated tokenized Treasury and gold funds, the issuer keeps the ability to change how the token behaves. In all but one of those, an authorized change takes effect the moment it's made.1 of 27Built-in delay before a change goes live →
Wed, Aug 5, 20261 report
06:52 PM UTCTokenized TreasuriesSix of Wall Street's Biggest Managers Are Building Stablecoin Reserves. Two Have Actually Put the Money Onchain: BlackRock's US$2.7B and JPMorgan's US$899M.Six of the world's biggest asset managers are racing to supply the reserves behind regulated stablecoins, and onchain the race has already narrowed to two. BlackRock's BUIDL fund holds about US$2.69 billion and JPMorgan about US$899 million — together roughly US$3.6 billion, nearly all the reserve cash the six named managers hold onchain. The other four named contenders have filed, piloted, or promised. The gap between who entered and who has arrived is the story the announcements obscure — and the two who arrived are the same firms that already dominate the reserves off-chain.US$3.6Bof onchain reserve cash — and two firms hold nearly all of what the six named managers have onchain →
Tue, Jul 28, 20261 report
05:35 PM UTCMarket Structurebnb chainstellarsolanaEthereum Has a Range of Tokenized Treasury Funds. Every Other Large Blockchain Except Stellar Is Dominated by a Single One. So Does a High Ranking Mean a Chain Is Gaining Ground — or Just Landed One Fund?Ethereum has many tokenized Treasury funds, from many issuers, and no single one is more than about a fifth of the total. BNB Chain, Solana, Avalanche and Arbitrum are different: one fund makes up most of each one's tokenized-Treasury-fund total. BNB Chain is 90% a single Circle fund. Solana is 77% BlackRock's BUIDL. Avalanche is 78% the same BUIDL. So when a blockchain ranks high for tokenized Treasuries, it usually hasn't attracted a wave of them — it has attracted one large fund. That is a different thing, and it changes what the ranking is worth.2Chains with a broad base of tokenized Treasury funds →
Mon, Jul 27, 20261 report
10:10 PM UTCStablecoinsThe World Has Largely Agreed on What a Trustworthy Stablecoin Looks Like. Five Already Meet the Bar. The Biggest One Keeps Choosing Not To.Europe, Hong Kong and now the US have each written down roughly the same definition of a credible stablecoin: fully backed, independently audited, openly disclosed. Five dollar stablecoins from five different issuers already live up to it, landing on nearly identical marks across the board. The exception is USDT, the largest and most-used stablecoin in the world. It could clear the same bar; full disclosure would be straightforward for it. Instead, as regulators everywhere moved toward transparency, its issuer moved the other way — relocating to El Salvador. The paradox is the story: the market leader, with the most trust to gain, is the least verified of the group — by choice.5Stablecoins that meet the standard before the rules exist →
Fri, Jul 24, 20261 report
09:04 PM UTCMarket Structureethereumbnb chainsolanaTwo Tokenized Golds, Nearly the Same Size — but One Trades a Fixed Block and the Other You Mint and Redeem Like a Fund.Tether Gold and PAX Gold look like the same product: tokenized gold, roughly two billion dollars each, fully backed. Onchain, they behave in opposite ways. Tether Gold's Ethereum supply has sat unchanged at 612,824 ounces for two months — no new issuance, no redemptions — while the tokens themselves trade briskly. PAX Gold's supply drifted down about 4% over the same weeks as gold was minted and redeemed on demand. It's a distinction no single AUM figure captures — and it changes what you're actually holding.0Mints or redemptions in Tether Gold's fixed block →
Fri, Jul 17, 20261 report
09:54 PM UTCTokenized Treasuriesbnb chainethereumUS$2.5 Billion of a Circle Treasury Fund Sits on One Exchange's Chain — and That's How the Category Is Now WonCircle's USYC has traded the top spot in tokenized Treasuries with BlackRock's BUIDL this year. It got there not on Ethereum but on BNB Chain, where about US$2.5 billion — roughly 97% of the fund's onchain supply — sits, supported as collateral for Binance's institutional clients. The category is being decided by distribution into trading venues, not by the name on the fund.~97%Held as collateral on BNB →
Wed, Jul 15, 20261 report
04:38 PM UTCTokenized TreasuriesstellararbitrumpolygonSpiko's EU T-Bill Fund Prices Off Ethereum. US$18M of Its US$994M Lives There.EUTBL, a UCITS-structured euro money-market fund from Spiko, has its price oracle on Ethereum — its home chain. Independent onchain measurement of the roughly 99% of the fund measured here puts just 1.8% of its supply on that chain; nearly half now sits on Stellar.98.2%Off home chain →
Mon, Jul 13, 20261 report
03:50 PM UTCTokenized TreasuriesethereumavalanchesolanaUS$1.86 Billion of BlackRock's Flagship Tokenized Fund Sits off Ethereum — the Chain It's Supposed to ProveBUIDL — the fund most often cited as proof Wall Street has arrived on Ethereum — holds US$1.86 billion, 64% of its US$2.88 billion, on seven other chains. Measured across all eight networks it lives on, Ethereum's share is barely a third.64.5%Off Ethereum →
Sun, Jul 12, 20261 report
02:34 AM UTCTokenized Treasuriesethereumxrp ledgerOne Afternoon, a Fifth of a Chain's Supply: US$46 Million of Ondo's OUSG Moved off Ethereum on June 22.On June 22, two addresses sent 399,609 OUSG to a third address, which burned them about five hours later. That was roughly US$46 million, or 21% of the fund's supply on Ethereum, and every step settled in public onchain.21%Of OUSG's Ethereum supply moved in one afternoon →
OnChain Benchmark
HomeRatingsIndicesFlowsMethodologyReportsAboutEditorial policy
Independent · 2026

Subscribe to the Weekly Benchmark — what moved onchain this week, and what it means.

One email a week. Unsubscribe anytime.

Important disclosures

Nothing on this site or in the OnChain Benchmark service is investment, financial, legal, tax, or accounting advice, an offer or solicitation to buy or sell any security, token, or other instrument, or a recommendation, endorsement, or rating of suitability regarding any instrument, issuer, or transaction. Quality ratings, dimension scores, and index values are independent analytical opinions based on the data available to us at the time of computation; they are not statements of fact, guarantees of quality or safety, and not endorsements. Outputs are produced from public sources and third-party data and infrastructure outside our control — including RPC and node providers, indexers, oracle feeds, issuer attestations, auditor reports, and public regulatory filings — any of which may be delayed, unavailable, incomplete, incorrect, manipulated, or revised after the fact. Scores are computed periodically and may not reflect events occurring after the most recent computation. OnChain Benchmark does not warrant that any score, index, or evidence item is accurate, complete, reliable, current, or suitable for any purpose. You are solely responsible for any decision you make using the service, you should not rely on it as the sole basis for any investment, trading, custody, or counterparty decision, and you should conduct your own independent diligence and consult your own qualified professional advisors. To the maximum extent permitted by law, you assume all risk arising from your use of, or reliance on, the service. See our for the complete terms governing your use of the service.

LatestAll topics
Oct 905:19 PM UTCTokenized Treasuries
Holders Redeemed 13.56% of Spiko's Euro T-Bill Fund in Two Weeks, and the Outflow Has Not Stopped
Oct 706:30 PM UTCStablecoins
Zand’s Dirham Stablecoin Grew 4.88-Fold in 19 Days, to US$274.01 Million; on Ethereum, 98.96% Sits in Five Undivided Blocks
Oct 511:04 PM UTCStablecoins
Hyperliquid Now Holds 58% More USDC Than Coinbase's Own Chain, and Most of Its Yield Goes to Hyperliquid.
Oct 505:13 PM UTCStablecoins
USDe Grew 20.5% in September. Its Token Incentives Ended on September 30.
Oct 204:30 PM UTCTokenized Treasuries
BlackRock’s BUIDL More Than Halved on Ethereum in September. On Solana, It Is Now 2.18 Times Larger.
See all 34 reports →
Terms of Service