OCB-RWA Quality Index · Dashboard
OCB-RWA Quality Index·01·Today
Today's reading of the RWA Quality Index.
Institutional-grade (≥70)
$6.86B24h−0.37%
7d−22.49%
30d+118.73%
Verified Capital (≥85)
$3.60B
24h−0.31%
7d+0.60%
30d+15.91%
Coverage
$11.83B
24h−0.14%
7d+0.32%
30d+195.73%
Quality score (idx)
70.53
24h−0.05%
7d−5.41%
30d−18.24%
OCB-RWA Quality Index
Verified Capital (≥85) · Change over time
Verified Capital +15.9% · Coverage +195.7% this month.
Window
Series
Verified Capital
Coverage
Source: OCB-RWA Quality Index · onchainbenchmark.comUpdated Jul 7, 2026
OCB-RWA Quality Index·02·Maturation
Where verified change came from — incumbents, new entrants, or score upgrades.
Incumbent growth
+$669.6M
New entrants
0
Score upgrades
+$3.64B
Net change · 1M
+$4.31B
OCB-RWA Quality Index
Maturation · Where verified change came from
Net +$4.31B this month — driven by score upgrades.
Window
Incumbent growth
New entrants
Score upgrades
Incumbent shrink
Source: OCB-RWA Quality Index · onchainbenchmark.comUpdated Jul 7, 2026
OCB-RWA Quality Index·03·Composition
Index constituents grouped by asset class.
| Ticker | Issuer | Score | Band | Capital | Δ 30d | Limiting | Trace | Drill |
|---|---|---|---|---|---|---|---|---|
| BUIDL | BlackRock / Securitize | 56.0 | DEVELOPING | $2.09B | +$638M | Disclosure6/25 | + | |
| USDY | Ondo Finance | 88.0 | VERIFIED CAPITAL | $1.73B | +$629M | Disclosure8/25 | + | |
| JTRSY | Anemoy Capital SPC Limited | 47.0 | LIMITED | $785M | +$3M | Disclosure1/25 | + | |
| BENJI | Franklin Templeton | 72.0 | INSTITUTIONAL | $741M | −$76M | Concentration13/25 | + | |
| WTGXX | WisdomTree | 61.0 | DEVELOPING | $714M | −$166M | Disclosure8/25 | + | |
| EUTBL | Spiko | 63.0 | DEVELOPING | $415M | +$32M | Disclosure1/25 | + | |
| OUSG | Ondo Finance | 70.0 | INSTITUTIONAL | $180M | −$50M | Concentration9/25 | + | |
| USTBL | Spiko | 50.0 | LIMITED | $102M | +$3M | Disclosure1/25 | + | |
| USYC | Hashnote / Circle | 46.0 | LIMITED | $72M | +$3M | Disclosure1/25 | + | |
| USTB | Superstate | 33.0 | LIMITED | $69M | +$2M | Structure0/25 | + | |
| mTBILL | midas_rwa | 42.0 | LIMITED | $50M | — | Disclosure1/25 | + | |
| TBILL | OpenEden Labs | 50.0 | LIMITED | $31M | +$7M | Disclosure1/25 | + | |
| VBILL | vaneck | 48.0 | LIMITED | $21M | — | Disclosure8/25 | + | |
| XTBT | opentrade | 39.0 | LIMITED | $656K | — | Disclosure1/25 | + |
OCB-RWA Quality Index·04·Coverage gaps
What's blocking each constituent from clearing the verified threshold.
| Instrument | Score | Gap | Blocker | Action that would close |
|---|---|---|---|---|
USDYOndo Finance | 88.0 | Cleared | No publicly accessible USDY reserve attestation has been published since the v1.0 methodology took effect. | → Issuer publishes a recurring reserve attestation accessible without access controls. |
BUIDLBlackRock / Securitize | 56.0 | +29.0 | Reserve disclosure is limited to Form D filings (cadence: per-issuance, not periodic). Top institutional holders are not identifiable from public registries. | → Issuer publishes audited financials at a quarterly or better cadence. Top holders identifiable from public registries. |
USYCHashnote / Circle | 46.0 | +39.0 | No USYC reserve attestation has been published since the Circle acquisition in early 2024. | → Issuer publishes a recurring USYC reserve attestation. |
XAUTTether | 72.0 | +13.0 | No per-token XAUT reserve attestation has been published. Reserve disclosures consolidate XAUT into the broader USDT report. | → Issuer publishes a per-token XAUT reserve attestation. |
USTBSuperstate | 33.0 | +52.0 | Reserve attestation cadence: monthly. Top holders on the deployment chain are not identifiable from public registries. | → Issuer publishes per-deployment holder identification or extends attestation cadence to daily. |
TBILLOpenEden | 50.0 | +35.0 | Reserve attestation cadence: monthly. Most recent attestation: 30+ days old at scoring time. | → Issuer publishes reserve attestations on at least a weekly cadence. |