Tokenised U.S. Treasury-bill investment product with USD NAV.

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Share token price

Transaction status

Deposits Midas issuance and redemption use bespoke product vault contracts and eligibility checks
Redemptions Midas issuance and redemption use bespoke product vault contracts and eligibility checks

Other metrics

3M Sharpe
14.5
3M volatility
0.5%
Age
1.7 years
Maximum drawdown
-0.0%
Protocol Technical Risk
Lockup period
Unknown
Denomination
USD

Returns and fees

1M3M6M1YLifetime
Gross Gross 3.3% 3.3% 3.3% 3.4% 3.5%
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 2.5% 3.0% 3.2% 3.3% 3.4%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

About the vault

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.

View all Midas vaults

Running on Midas protocol

This tokenised fund is running on Midas:

Tokenised real-world asset and yield products that publish their price on-chain.

View all Midas vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#855#724#708#655#706#742
Ranking on Base#127#130#126#114#128#132
Ranking on Midas#2#13#17#18#21#19
CAGR (net)-1.0% 2.5% 3.0% 3.2% 3.3% 3.4%
CAGR (gross)2.7%3.3%3.3%3.3%3.4%3.5%
Returns (net)-0.0% 0.2% 0.7% 1.6% 3.3% 6.0%
Returns (gross)0.1%0.3%0.8%1.7%3.4%6.1%
Sharpe ratio18.6216.4914.5016.1415.0114.00
Max drawdown0.0%0.0%0.0%0.0%0.0%-0.0%
Volatility0.1%0.3%0.5%0.5%0.5%0.4%
TVL low$183.48K$163.20K$163.20K$159.27K$159.27K$151.05K
TVL high$188.77K$188.77K$197.71K$517.60K$517.60K$1.14M
Share price start (USD)1.067771.065081.059811.050731.033131.00714
Share price end (USD)1.068321.068321.068321.068321.068321.06832
Period data availability8 days35 days92 days186 days367 days633 days
Period start2026-07-312026-07-082026-05-092026-02-082025-08-072024-11-13
Period end2026-08-072026-08-072026-08-072026-08-072026-08-072026-08-07
Xerberus
52

Xerberus risk rating

Xerberus score 52 / 100
Assessment levelProtocol-level
Rated entityMidas

Technical Details

Vault nameMidas US Treasury Bill Token
Vault address0xdd629e5241cbc5919847783e6c96b2de4754e438
Chain Base (8453)
Denomination USD
Exchange rate used1 USD = $1.0000
Share tokenmTBILL
ProtocolMidas
HomepageView vault on protocol website
Current TVL183,715.524 USD
Peak TVL1,141,479.152 USD
Last share price1.068 USD
Last updated
Last updated block49,646,607
Data refreshed at
Data starts2024-11-13 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featuresmidas_like
Flagstokenised_fund
Whitelist statusUnknown
Deposit statusMidas issuance and redemption use bespoke product vault contracts and eligibility checks
Redemption statusMidas issuance and redemption use bespoke product vault contracts and eligibility checks

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