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Tokenized U.S. Treasuries

Explore tokenized U.S. government debt, including Treasury bills, notes, bonds, and Treasury-focused money market funds.

Updated: Oct 26, 2026 at 1:04 PM UTCMethodologyData Sources

Total Value

$1.40M

0.52%vs prior quarter

Average APY

5.01%

0.13%from 7d ago

Active Products

9

0.13%vs prior quarter

Holders

40

0.28%from 24h ago

Tokenized U.S. Treasuries

Asset Type
Distributed
DistributedTokenized
Metric
Total Value
Total ValueTransfer VolumeMint / Burn Volumes
Group By:
Asset
AssetManagerNetwork

Tokenized U.S. Treasuries League Table

Tokenized
DistributedTokenized
#NetworkCountTotal Value30DShare
#1
EthereumEthereum
On-chain$1.40M100.00%1
#2
zkSync ErazkSync Era
On-chain$1.40M100.00%1
#3
ArbitrumArbitrum
On-chain$1.40M100.00%1
#4
OptimismOptimism
On-chain$1.40M100.00%1
#5
BaseBase
On-chain$1.40M100.00%1
#6
PolygonPolygon
On-chain$1.40M100.00%1
Manager Market Share
Group By
Mountain USDM
100.0%
Ondo Finance
0.0%
Open Eden X
0.0%
Circle
0.0%
Superstate
0.0%
BlackRock
0.0%

Latest On-Chain Activity

Recent mint, redeem, and transfer events across tracked funds

BUIDL

BlackRock USD Institutional

BUIDL

$4.2M

0x8f4a...2c1d

Ethereum · 4h ago

BENJI

Franklin OnChain U.S. Govt

BENJI

$2.8M

0x3b21...9f8e

Ethereum · 5h ago

OUSG

Ondo Short-Term U.S. Govt

OUSG

$1.6M

0x7c12...4a0b

Ethereum · 6h ago

USTB

Superstate Short Duration

USTB

$980K

0x1d9f...6e22

Ethereum · 8h ago

WTSYX

WisdomTree Treasury

WTSYX

$640K

0x5a44...b103

Stellar · 11h ago

Net Capital Flows
30-day net AUM inflow / outflow per product (USD Billions)

All Tokenized Treasuries

Mountain Protocol

USDM

Mountain USDM$1.40M5.00%0.13%5.00%Ethereum40

Hastra

Hastra

Hastra$04.55%0.00%4.55%Multi-chain0

Ondo Global Markets

ONDO

Ondo Finance$04.85%0.00%4.85%Multi-chain0

WisdomTree

WisdomTree

WisdomTree$05.10%0.00%5.10%Multi-chain0

BlackRock BUIDL

BlackRock BUIDL

BlackRock$04.90%0.00%4.90%Multi-chain0

Invesco USTB

Invesco USTB

Superstate$05.05%0.00%5.05%Multi-chain0

Circle USYC

Circle USYC

Circle$05.30%0.00%5.30%Multi-chain0

OpenEden TBILL

OpenEden TBILL

Open Eden X$05.00%0.00%5.00%Multi-chain0

Ondo Yield Assets

ONDO

Ondo Finance$05.35%0.00%5.35%Multi-chain0

Showing 1-9 of 9 assets