Midas US Treasury Bill Token
View on Midas Update infoTokenised U.S. Treasury-bill investment product with USD NAV.
- Midas US Treasury Bill Token is a tokenised fund. It is smart contract-based, but may not offer all features of vaults. Read more about the differences between vaults and tokenised funds here.
Share token price
Other metrics
USD (offchain)Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 3.8% | 3.5% | 3.3% | 3.3% | --- | |
| Performance fee Performance | No data | No data | No data | No data | No data | |
| Management fee Management | No data | No data | No data | No data | No data | |
| Deposit fee Deposit | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Withdrawal fee Withdrawal | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | |
| Net Net | 2.9% | 3.2% | 3.2% | 3.3% | --- |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the tokenised fund
mTBILL is a tokenised investment product backed by short-duration U.S. Treasury Bills and Treasury-bill funds. Midas publishes its USD net asset value through an onchain data feed; issuance and redemption use separate Midas contracts and are subject to eligibility checks.
Curated by Midas
This tokenised fund is curated by Midas.
Midas is a platform for composable onchain investment products that turns institutional strategies into tokenised assets for DeFi.
Running on Midas protocol
This tokenised fund is running on Midas:
Tokenised real-world asset and yield products that publish their price on-chain.
Xerberus risk rating
52 View more View less
Transaction status
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Error | --- | --- | --- | --- | --- | Returns require a non-zero starting share price |
| Ranking overall | #860 | #872 | #764 | #609 | #279 | --- |
| Ranking on Ethereum | #473 | #462 | #396 | #297 | #159 | --- |
| Ranking on Midas | #1 | #8 | #16 | #12 | #8 | --- |
| CAGR (net) | 1.4% | 2.9% | 3.2% | 3.2% | 3.3% | --- |
| CAGR (gross) | 5.1% | 3.8% | 3.5% | 3.3% | 3.3% | --- |
| Returns (net) | 0.0% | 0.2% | 0.8% | 1.6% | 3.3% | --- |
| Returns (gross) | 0.1% | 0.3% | 0.9% | 1.6% | 3.4% | --- |
| Sharpe ratio | --- | 16.13 | 16.87 | 10.19 | 10.36 | --- |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | --- |
Technical Details
| Tokenised fund name | Midas US Treasury Bill Token |
| Tokenised fund address | 0xdd629e5241cbc5919847783e6c96b2de4754e438 |
| Chain | |
| Denomination | USD (offchain) |
| Exchange rate used | 1 USD (offchain) = $1.0000 |
| Share token | mTBILL |
| Protocol | Midas |
| Homepage | View vault on protocol website |
| Current TVL | 74,816,427.968 USD (offchain) |
| Peak TVL | 74,816,427.968 USD (offchain) |
| Last share price | 1.074 USD (offchain) |
| Last updated | |
| Last updated block | 26,140,964 |
| Data refreshed at | |
| Data starts | 2024-01-17 22:44:23 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | midas_like |
| Strategy tags | --- |
| Flags | tokenised_fund |
| Whitelist status | Unknown |
| Deposit status | Midas issuance and redemption use bespoke product vault contracts and eligibility checks |
| Redemption status | Midas issuance and redemption use bespoke product vault contracts and eligibility checks |
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