Reference baskets

Philidor reference baskets with transparent methodology, current constituents, and recent rebalances. Per-constituent reviewer attestations link to the methodology reviewer roster.

Baskets whose constituents are tokenized fund deployments.

1Baskets
0Vault baskets
1Asset baskets
20Constituents
7.62Weighted risk

Scores and weights are versioned. Pin a basket version via the API for a durable pull.

Live · 2026-09-04 14:51:50 UTCapi.philidor.io/v1/basketsGet API key

RWA T-Bill Conservative

rwa-tbill-conservative
version 32673hash e55ab9b18f…645aefrebalanced 2026-09-03 11:44:09 UTC

A reference basket of pure real-world-asset and tokenized T-bill assets that have cleared Philidor's Prime/Core review with explicit issuer and reserve provenance. The basket targets a conservative liquidity-and-credit profile where every name is an asset (not a vault) whose primary failure mode is bounded by the issuer's regulated reserves, and weights tilt toward the highest Philidor risk scores subject to single-name and issuer caps.

Eligibility

An asset is eligible when its Philidor risk tier is Prime or Core, its review_status is "reviewed", and its asset category is one of tokenized_treasury, t_bill_backed_stable, or rwa_credit. Provisional and unreviewed names are excluded by construction. Non-EVM chains (e.g. Solana) are excluded by a positive eip155-namespace predicate — basket universes require EVM verification and pricing machinery; unregistered chains fail closed, and a candidate without an attributable chain is excluded the same way. Reopening requires the same evidence standard as EVM constituents, versioned into this rule.

Weighting

Each constituent receives a raw weight proportional to its risk score above 7.0. Raw weights are then normalised so the basket sums to the full allocation. A constituent with risk score 8.0 carries twice the raw weight of one at 7.5.

Refresh

Rebalances run on the last business day of March, June, September, and December at 16:00 UTC. They also fire when any constituent crosses a tier boundary, moves by at least 0.5 in risk score, when a new eligible name enters the universe, or when the methodology version changes. Rating-triggered rebalances are throttled to at most one every 14 days. Calendar rebalances always fire and are not throttled.

single-name ≤ 25%issuer ≤ 35%floor ≥ 2%methodology v1.1.3

Pin to /version/32673 for a byte-identical response across pulls. Versions stay queryable for 2 years; new versions are opt-in.

api.philidor.io/v1/baskets/rwa-tbill-conservative/version/32673Get API key
7.62Weighted risk
3.39%Yield 30d
3.39%Yield 90d
2.6 MDuration
39.56%Top-5 conc.
Regulatory wrappercovers 100% of weight
1940 Act 24.1%Reg D 506(c) 22.0%ucits_mmf_sicav 14.5%Reg S 13.8%bvi_siba 13.8%MAS CMS 5.7%SFC Type 1 3.8%genius_act_stablecoin 2.4%
Investor-eligibility gatecovers 100% of weight
KYC required 37.6%Institutional only 20.8%Professional investor 20.4%Qualified purchaser 16.2%Accredited 5.0%
ChainHHI 593
Ethereum 100.0%

Constituents (20)

#AssetIssuerReviewerTyperef_idWeightYield (30d)Yield (90d)ScoreRisk
1
FDIT
Fidelity Investments-asset38819.77%4.05%4.05%8.03/10Prime
2
WTGXX
WisdomTree-asset38788.82%3.54%3.54%7.93/10Core
3
EUTBL
Spiko-asset5048.54%2.07%2.07%7.90/10Core
4
BUIDL
BlackRock-asset34996.45%3.44%3.44%7.68/10Core
5
JTRSY
Janus Henderson-asset38795.98%3.50%3.50%7.63/10Core
6
USTBL
Spiko-asset40275.98%3.24%3.24%7.63/10Core
7
ULTRA
Libeara (Standard Chartered) / FundBridge Capital-asset43255.69%3.69%3.69%7.60/10Core
8
BENJI
Franklin Templeton-asset43285.50%3.56%3.56%7.58/10Core
9
USTB
Superstate-asset6955.50%3.05%3.05%7.58/10Core
10
USYC
Hashnote (Circle)-asset35905.03%3.20%3.20%7.53/10Core
11
JAAA
Janus Henderson-asset3844.93%4.87%4.87%7.52/10Core
12
OUSG
Ondo Finance-asset35884.27%3.46%3.46%7.45/10Core
13
CUMIU
China Asset Management-asset43233.80%3.80%3.80%7.40/10Core
14
bIB01
Backed Finance-asset46423.80%4.00%4.00%7.40/10Core
15
VBILL
VanEck-asset3853.61%3.44%3.44%7.38/10Core
16
TBILL
OpenEden-asset35912.85%3.06%3.06%7.30/10Core
17
bIBTA
Backed Finance-asset46432.85%3.85%3.85%7.30/10Core
18
USDtb
Ethena Labs-asset352.37%0.00%0.00%7.25/10Core
19
ACRED
Apollo Global Management-asset43242.18%2.97%2.97%7.23/10Core
20
USDY
Ondo Finance-asset35872.09%3.49%3.49%7.22/10Core
v32673← v32334eligibility_recheck2026-09-03 11:44:09 UTC
+ added: 0− removed: 0~ reweighted: 0
v32334← v32122methodology_version_change2026-09-02 12:13:43 UTC
+ added: 0− removed: 0~ reweighted: 0
v32122← v31908methodology_version_change2026-09-01 13:52:39 UTC
+ added: 0− removed: 0~ reweighted: 0
v31908← v30832methodology_version_change2026-08-31 18:21:56 UTC
+ added: 0− removed: 0~ reweighted: 0
v30832← v30720methodology_version_change2026-08-27 19:34:16 UTC
+ added: 0− removed: 0~ reweighted: 0
v1.1.3Activehash a5b85a641b…197fbc
activated 2026-08-27 19:25:55 UTCDoc
v1.1.2Retiredhash 371e160dbe…1ffbd1
activated 2026-07-07 10:50:46 UTC· retired 2026-08-27 19:25:55 UTCDoc
v1.1.1Retiredhash 884b04f057…14cc7e
activated 2026-05-08 12:17:00 UTC· retired 2026-07-07 10:50:46 UTCDoc
v1.1.0Retiredhash 38bab49c2d…a12ca1
activated 2026-05-05 10:39:58 UTC· retired 2026-05-08 12:17:00 UTCDoc
v1.0.0Retiredhash 6a7079d449…dfc4aa
activated 2026-05-03 22:53:15 UTC· retired 2026-05-05 13:14:08 UTCDoc