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XTBTTokenized U.S. Treasuries·OpenTrade·LiveAs of Jul 7, 2026

OpenTrade Flexible Term USDC Vault

Flexible-term USDC vault holding U.S. Treasury bills and Treasury money-market funds, FCA-authorised via Capricorn Fund Managers.

Verified Capital Trust Rating
39/ 100
Limited+46 to Verified Capital (≥85)+12 pts / 30d

Deployments

ETHEthereum· Primary
View on explorer →

0x0f8CbdC544dC1D4Bd1bDafE0039Be07B825aF82A

AVAXAvalanche
View on explorer →

0xad6605F4987031fd2d6d6816bE53Eb7C5b764bf7

OCB — 01·Rating breakdown
Methodology v1.1 · Jul 7, 2026

XTBT across four dimensions

DisclosureLIMITING1 / 25
Liquidity17 / 25
Structure9 / 25
Concentration8 / 25
Gap to Verified Capital (≥85)+46

Signal readings

Disclosure tier
none
Attestations / 180d
0
DEX liquidity
$0.00
Outstanding supply
$595.86K
Liquidity / supply
0.000%
Top-10 holder pct
100.0%
OCB — 02·Outstanding supply
$60.26K

XTBT supply over time

XTBT · OpenTrade

Outstanding supply (USD)

XTBT outstanding supply is $60.26K as of Jul 7, 2026. 0.0% over the prior 30 days.

ONCHAIN
BENCHMARK
$0$12.05K$24.11K$36.16K$48.21K$60.26K$60.26KUSDJUN 26JUL 26
Source: OCB · XTBT · onchainbenchmark.comUpdated daily
OCB — 03·Rating history
21 readings

XTBT trust rating since coverage began

XTBT · Verified Capital Trust Rating

Composite rating (0–100)

XTBT rating is 39 as of Jul 7, 2026. +12 points over the prior 30 days.

ONCHAIN
BENCHMARK
02040608010039TRUST SCORE 0–100JUN 26JUL 26
Source: OCB Trust Ratings · XTBT · 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· 2 findings
contract addressEthereum contract95% confidence

Contract address verified on Ethereum: (primary deployment)

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

Verified Jun 13, 2026· instrument_deployments registry — chain_id 1
contract addressAvalanche contract95% confidence

Contract address verified on Avalanche: (Avalanche deployment)

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

Verified Jun 13, 2026· instrument_deployments registry — chain_id 43114
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

XTBT 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 →
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