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 | 3.6% | 3.4% | 3.3% | 3.4% | 0.0% | |
| 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 | 2.7% | 3.1% | 3.2% | 3.3% | 0.0% |
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 |
|---|---|---|---|---|---|---|
| Ranking overall | #1039 | #884 | #820 | #817 | #767 | --- |
| Ranking on Ethereum | #574 | #474 | #457 | #455 | #450 | --- |
| Ranking on Midas | #3 | #8 | #18 | #19 | #24 | --- |
| CAGR (net) | -0.5% | 2.7% | 3.1% | 3.2% | 3.3% | 0.0% |
| CAGR (gross) | 3.2% | 3.6% | 3.4% | 3.3% | 3.4% | 0.0% |
| Returns (net) | -0.0% | 0.2% | 0.8% | 1.5% | 3.3% | 0.0% |
| Returns (gross) | 0.1% | 0.3% | 0.8% | 1.6% | 3.4% | 0.0% |
| Sharpe ratio | 18.98 | 20.93 | 11.14 | 9.39 | 10.35 | -0.66 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -100.0% |
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 | 65,328,819.214 USD (offchain) |
| Peak TVL | 69,588,426.577 USD (offchain) |
| Last share price | 1.07 USD (offchain) |
| Last updated | |
| Last updated block | 25,845,764 |
| Data refreshed at | |
| Data starts | 2024-01-17 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | midas_like |
| 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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