SPY.dTokenized Equities·Dinari·LiveAs of Jul 7, 2026

SPDR S&P 500 ETF Trust (Dinari)

Tokenized SPDR S&P 500 ETF Trust, tracking the S&P 500 index via Dinari.

Verified Capital Trust Rating

42/ 100

Limited+43 to Verified Capital (≥85)+8 pts / 30dData gap: Disclosure Quality

Deployment

ARBArbitrum

View on explorer →

0xf4bd09b048248876e39fcf2e0cdf1aee1240a9d2

OCB — 01·Rating breakdown

Methodology v1.1 · Jul 7, 2026

SPY.d across four dimensions

DisclosureLIMITING— / 25

Liquidity17 / 25

Structure17 / 25

Concentration8 / 25

Gap to Verified Capital (≥85)+43

Signal readings

Disclosure tier: equities no oracle
Attestations / 180d: 0
DEX liquidity: $0.00
Outstanding supply: $274.64
Liquidity / supply: 0.000%

OCB — 02·Outstanding supply

$274.64

SPY.d supply over time

SPY.d · Dinari

Outstanding supply (USD)

SPY.d outstanding supply is $274.64 as of Jul 7, 2026. -3.7% over the prior 30 days.

Source: OCB · SPY.d · onchainbenchmark.comUpdated daily

OCB — 03·Rating history

30 readings

SPY.d trust rating since coverage began

SPY.d · Verified Capital Trust Rating

Composite rating (0–100)

SPY.d rating is 42 as of Jul 7, 2026. +8 points over the prior 30 days.

Source: OCB Trust Ratings · SPY.d · onchainbenchmark.comUpdated daily

OCB — 04·Coverage gaps + diligence

What closes the gap — and who closes it

Redemption Liquidity· 1 finding

redemption path85% confidence

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

Score impact: Composite redemption_liquidity score: 17.0/25

Verified Jun 13, 2026· norm_redemption_liquidity row observed 1d ago

Disclosure Quality — issuer disclosure· 1 finding

contract addressArbitrum contract95% confidence

Contract address verified on Arbitrum: (primary deployment)

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jun 13, 2026· instrument_deployments registry — chain_id 42161

Holder Concentration· 1 finding

data gapholder concentration gap90% confidence

gap:concentration

No holder concentration data available at time of scoring run.

Verified Jun 13, 2026

Methodology

SPY.d is scored across the same four dimensions as every other rated instrument — Disclosure Quality, Redemption Liquidity, Structural Trust, and Holder Concentration. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology →