Tokenized funds

Independent risk and coverage intelligence for tokenized treasuries, stable-value products, credit, commodities, and equities. Product identity, AUM, source concentration, and missing coverage are reported from reviewed canonical records rather than ticker grouping.

Live · 2026-09-26 02:11:44 UTC · api.philidor.io/v1/rwa

—Canonical AUM

6Reviewed products

16%Identity mapped

33%Canonical AUM coverage

—Market benchmark matched

54%Largest source share

Leading filtered-universe median: 3.46% Issuer APY (1 products). Yield by basis: Issuer APY 3.46% (1) · Monthly-set APY 3.60% (1). Yield bases are never blended.

Data sources

5 active · 6 published

Nest product APIActive

issuer · json_api · 36 publications

Ondo official deployment registryStale

issuer · document · 5 publications

Ondo Global Markets APIActive

issuer · json_api · 11 publications

Ondo OUSG issuer disclosureActive

issuer · html · 72 publications

Ondo USDY issuer disclosureActive

issuer · html · 100 publications

Superstate fund dataActive

issuer · json_api · 36 publications

Coverage SLA

critical

P0Reviewed deployment identity coverage 16.9% is below the 95.0% target
P0Reviewed product source-precedence coverage 0.0% is below the 90.0% target
P1Canonical product AUM coverage 33.3% is below the 90.0% target
P1Canonical product duration coverage 16.7% is below the 70.0% target
P2Optional external market benchmark is not configured; first-party coverage is measured against the reviewed Philidor universe
P29 legacy deployments remain provisional

Quick filters:

6 products · 59 deployments · 49 unmapped

FDITBasket AUnmapped

Fidelity Treasury Digital Fund

Prime8.03/10

Issuer: Fidelity Investments
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: -
Yield: 4.05% · SEC 7d

WTGXXBasket AUnmapped

WisdomTree Government Money Market Digital Fund

Core7.93/10

Issuer: WisdomTree
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $1.21Blegacy
Yield: 3.75% · SEC 7d

EUTBLBasket AUnmapped

Spiko EU T-Bills Money Market Fund

Core7.90/10

Issuer: Spiko
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $63.8Mlegacy
Yield: 2.31% · SEC 7d

BUIDLBasket AUnmapped

BlackRock USD Institutional Digital Liquidity Fund

Core7.68/10

Issuer: BlackRock
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $208.3Mlegacy
Yield: 3.61% · SEC 7d

JTRSYBasket AUnmapped

Janus Henderson Anemoy Treasury Fund

Core7.63/10

Issuer: Janus Henderson
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $326.9Mlegacy
Yield: 3.47% · SEC 7d

USTBLBasket AUnmapped

Spiko US T-Bills Money Market Fund

Core7.63/10

Issuer: Spiko
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $79.7Mlegacy
Yield: 3.46% · SEC 7d

ULTRABasket AUnmapped

Delta Wellington Ultra Short Treasury On-Chain Fund

Core7.60/10

Issuer: Libeara (Standard Chartered) / FundBridge Capital
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $843Klegacy
Yield: 1.75% · SEC 7d

BENJIBasket AUnmapped

Franklin OnChain US Government Money Fund

Core7.58/10

Issuer: Franklin Templeton
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $48.2Mlegacy
Yield: 3.67% · SEC 7d

USTBBasket AUnmapped

Invesco Short Duration US Government Securities Fund

Core7.58/10

Issuer: Superstate
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $548.8Mlegacy
Yield: 3.00% · SEC 7d

USYCBasket AUnmapped

Hashnote US Yield Coin

Core7.53/10

Issuer: Hashnote (Circle)
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $42.4Mlegacy
Yield: 3.35% · SEC 7d

JAAABasket AUnmapped

Janus Henderson Anemoy AAA CLO Fund

Core7.52/10

Issuer: Janus Henderson
Review: Reviewed
Category: On-chain credit
Chain: Ethereum
AUM: $209.8Mlegacy
Yield: 5.96% · SEC 7d

OUSGBasket A

Ondo Short-Term US Government Bond Fund

Core7.45/10

Issuer: Ondo Finance
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $318.6M
Yield: 3.46% · Issuer APY

bIB01Basket AUnmapped

Backed iShares 0-1 Year Treasury Bond

Core7.40/10

Issuer: Backed Finance
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $1.7Mlegacy
Yield: 4.00% · SEC 30d

CUMIUBasket AUnmapped

ChinaAMC USD Digital Money Market Fund

Core7.40/10

Issuer: China Asset Management
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $553.8Mlegacy
Yield: 3.95% · SEC 7d

VBILLBasket AUnmapped

VanEck Treasury Fund

Core7.38/10

Issuer: VanEck
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $20.5Mlegacy
Yield: 3.57% · SEC 7d

bIBTABasket AUnmapped

Backed iShares 1-3 Year Treasury Bond

Core7.30/10

Issuer: Backed Finance
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $1.1Mlegacy
Yield: 3.85% · SEC 30d

TBILLBasket AUnmapped

OpenEden T-Bills

Core7.30/10

Issuer: OpenEden
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $20.4Mlegacy
Yield: 3.44% · SEC 7d

XAUtUnmapped

Core7.27/10

Issuer: TG Commodities (Tether Gold)
Review: Reviewed
Category: Commodity-backed
Chain: Ethereum
AUM: -
Yield: -

PAXGUnmapped

Core7.25/10

Issuer: -
Review: Provisional
Category: Commodity-backed
Chain: Ethereum
AUM: -
Yield: -

USDtbBasket AUnmapped

Ethena USDtb

Core7.25/10

Issuer: Ethena Labs
Review: Reviewed
Category: T-bill stable
Chain: Ethereum
AUM: $736.2Mlegacy
Yield: -

XAUt0Unmapped

Core7.25/10

Issuer: -
Review: Provisional
Category: Commodity-backed
Chain: Monad
AUM: -
Yield: -

ACREDBasket AUnmapped

Apollo Diversified Credit Securitize Fund

Core7.23/10

Issuer: Apollo Global Management
Review: Reviewed
Category: On-chain credit
Chain: Ethereum
AUM: $28.9Mlegacy
Yield: 2.96% · SEC 7d

USDYBasket A

Ondo US Dollar Yield

Core7.22/10

Issuer: Ondo Finance
Review: Reviewed
Category: T-bill stable
Chain: Ethereum
AUM: -
Yield: 3.60% · Monthly-set APY

BELIFUnmapped

Bosera HashKey Digital Liquidity Income Fund

Core7.20/10

Issuer: Bosera Asset Management (International)
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $102.0Mlegacy
Yield: 4.00% · Target

mTBILLUnmapped

Midas US Treasury Bills

Core6.88/10

Issuer: Midas
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $71.8Mlegacy
Yield: 3.43% · SEC 7d

rUSDY

Ondo U.S. Dollar Yield (Rebasing)

Core6.79/10

Issuer: Ondo Finance
Review: Reviewed
Category: T-bill stable
Chain: Ethereum
AUM: -
Yield: 3.60% · Monthly-set APY

USDY

Ondo US Dollar Yield

Core6.78/10

Issuer: Ondo Finance
Review: Reviewed
Category: T-bill stable
Chain: Plume
AUM: -
Yield: 3.60% · Monthly-set APY

nTBILLUnmapped

Core6.73/10

Issuer: -
Review: Provisional
Category: Tokenized treasury
Chain: Plume
AUM: -
Yield: -

FLHYon

Franklin High Yield Corporate ETF (Ondo Tokenized)

Core6.68/10

Issuer: Ondo Finance
Review: Reviewed
Category: Tokenized equity
Chain: Ethereum
AUM: -
Yield: -

SPYon

SPDR S&P 500 ETF (Ondo Tokenized)

Core6.67/10

Issuer: Ondo Finance
Review: Reviewed
Category: Tokenized equity
Chain: Ethereum
AUM: -
Yield: -

QQQon

Invesco QQQ (Ondo Tokenized)

Core6.53/10

Issuer: Ondo Finance
Review: Reviewed
Category: Tokenized equity
Chain: Ethereum
AUM: -
Yield: -

WTGXXUnmapped

WisdomTree Government Money Market Digital Fund

Core6.51/10

Issuer: WisdomTree
Review: Reviewed
Category: Tokenized treasury
Chain: Avalanche
AUM: $1.2Mlegacy
Yield: 3.75% · SEC 7d

nALPHAUnmapped

Core6.38/10

Issuer: -
Review: Provisional
Category: On-chain credit
Chain: Ethereum
AUM: -
Yield: -

nALPHAUnmapped

Core6.38/10

Issuer: -
Review: Provisional
Category: On-chain credit
Chain: Plume
AUM: -
Yield: -

BUIDLUnmapped

BlackRock USD Institutional Digital Liquidity Fund

Core6.34/10

Issuer: BlackRock
Review: Reviewed
Category: Tokenized treasury
Chain: Avalanche
AUM: $486.7Mlegacy
Yield: 3.61% · SEC 7d

nCREDITUnmapped

Core6.30/10

Issuer: -
Review: Provisional
Category: On-chain credit
Chain: Plume
AUM: -
Yield: -

deSPXAUnmapped

Core6.25/10

Issuer: -
Review: Provisional
Category: Tokenized equity
Chain: Base
AUM: -
Yield: -

TSLAon

Tesla (Ondo Tokenized)

Core6.18/10

Issuer: Ondo Finance
Review: Reviewed
Category: Tokenized equity
Chain: Ethereum
AUM: -
Yield: -

mGLOBALUnmapped

Midas Fasanara Global

Core6.15/10

Issuer: Fasanara Capital
Review: Reviewed
Category: On-chain credit
Chain: Ethereum
AUM: $67.7Mlegacy
Yield: 6.90% · SEC 30d

nINSTOUnmapped

Core6.13/10

Issuer: -
Review: Provisional
Category: On-chain credit
Chain: Plume
AUM: -
Yield: -

nBASISUnmapped

Core6.10/10

Issuer: -
Review: Provisional
Category: Tokenized treasury
Chain: Plume
AUM: -
Yield: -

BENJIUnmapped

Franklin OnChain US Government Money Fund

Core6.00/10

Issuer: Franklin Templeton
Review: Reviewed
Category: Tokenized treasury
Chain: Polygon
AUM: $32.2Mlegacy
Yield: 3.67% · SEC 7d

BUIDLUnmapped

BlackRock USD Institutional Digital Liquidity Fund

Core5.93/10

Issuer: BlackRock
Review: Reviewed
Category: Tokenized treasury
Chain: Polygon
AUM: $7.5Mlegacy
Yield: 3.61% · SEC 7d

WTGXXUnmapped

WisdomTree Government Money Market Digital Fund

Core5.91/10

Issuer: WisdomTree
Review: Reviewed
Category: Tokenized treasury
Chain: Arbitrum
AUM: $13.3Mlegacy
Yield: 3.75% · SEC 7d

thBILLUnmapped

Theo Short Duration US Treasury Fund

Core5.80/10

Issuer: Theo
Review: Reviewed
Category: Tokenized treasury
Chain: Ethereum
AUM: $37.7Mlegacy
Yield: 0.91% · SEC 7d

WTGXXUnmapped

WisdomTree Government Money Market Digital Fund

Core5.73/10

Issuer: WisdomTree
Review: Reviewed
Category: Tokenized treasury
Chain: Optimism
AUM: $0legacy
Yield: 3.75% · SEC 7d

OUSG

Ondo Short-Term US Government Bond Fund

Core5.71/10

Issuer: Ondo Finance
Review: Reviewed
Category: Tokenized treasury
Chain: Polygon
AUM: $318.6M
Yield: 3.46% · Issuer APY

BUIDLUnmapped

BlackRock USD Institutional Digital Liquidity Fund

Core5.68/10

Issuer: BlackRock
Review: Reviewed
Category: Tokenized treasury
Chain: Arbitrum
AUM: $8.6Mlegacy
Yield: 3.61% · SEC 7d

BUIDLUnmapped

BlackRock USD Institutional Digital Liquidity Fund

Core5.55/10

Issuer: BlackRock
Review: Reviewed
Category: Tokenized treasury
Chain: Optimism
AUM: $26.5Mlegacy
Yield: 3.61% · SEC 7d

PRIMEUnmapped

Core5.42/10

Issuer: -
Review: Reviewed
Category: On-chain credit
Chain: Ethereum
AUM: $189.5Mlegacy
Yield: -

XAUt0Unmapped

Core5.38/10

Issuer: -
Review: Reviewed
Category: Commodity-backed
Chain: Stable
AUM: -
Yield: -

WTGXXUnmapped

WisdomTree Government Money Market Digital Fund

Core5.35/10

Issuer: WisdomTree
Review: Reviewed
Category: Tokenized treasury
Chain: Base
AUM: $51Klegacy
Yield: 3.75% · SEC 7d

BENJIUnmapped

Franklin OnChain US Government Money Fund

Core5.21/10

Issuer: Franklin Templeton
Review: Reviewed
Category: Tokenized treasury
Chain: Base
AUM: $59.7Mlegacy
Yield: 3.67% · SEC 7d

USDY

Ondo US Dollar Yield

Core5.19/10

Issuer: Ondo Finance
Review: Reviewed
Category: T-bill stable
Chain: Arbitrum
AUM: -
Yield: 3.60% · Monthly-set APY

mF-ONEUnmapped

Midas Fasanara mF-ONE Credit Fund

Core5.13/10

Issuer: Fasanara Capital
Review: Reviewed
Category: On-chain credit
Chain: Ethereum
AUM: $63.3Mlegacy
Yield: 7.24% · SEC 7d

thBILLUnmapped

Theo Short Duration US Treasury Fund

Edge4.63/10

Issuer: Theo
Review: Reviewed
Category: Tokenized treasury
Chain: Stable
AUM: -
Yield: 0.91% · SEC 7d

XAUt0Unmapped

Edge3.97/10

Issuer: -
Review: Reviewed
Category: Commodity-backed
Chain: Arbitrum
AUM: -
Yield: -

XAUt0Unmapped

Edge3.29/10

Issuer: -
Review: Reviewed
Category: Commodity-backed
Chain: Plasma
AUM: -
Yield: -

thBILLUnmapped

Theo Short Duration US Treasury Fund

Edge3.08/10

Issuer: Theo
Review: Reviewed
Category: Tokenized treasury
Chain: Arbitrum
AUM: $5.9Mlegacy
Yield: 0.91% · SEC 7d

	Issuer	Category	Chain	Review				Risk
FDITAUnmapped Fidelity Treasury Digital Fund	Fidelity Investments	Tokenized treasury	Ethereum	Reviewed	-	4.05% · SEC 7d	8.03/10	Prime
WTGXXAUnmapped WisdomTree Government Money Market Digital Fund	WisdomTree	Tokenized treasury	Ethereum	Reviewed	$1.21Blegacy	3.75% · SEC 7d	7.93/10	Core
EUTBLAUnmapped Spiko EU T-Bills Money Market Fund	Spiko	Tokenized treasury	Ethereum	Reviewed	$63.8Mlegacy	2.31% · SEC 7d	7.90/10	Core
BUIDLAUnmapped BlackRock USD Institutional Digital Liquidity Fund	BlackRock	Tokenized treasury	Ethereum	Reviewed	$208.3Mlegacy	3.61% · SEC 7d	7.68/10	Core
JTRSYAUnmapped Janus Henderson Anemoy Treasury Fund	Janus Henderson	Tokenized treasury	Ethereum	Reviewed	$326.9Mlegacy	3.47% · SEC 7d	7.63/10	Core
USTBLAUnmapped Spiko US T-Bills Money Market Fund	Spiko	Tokenized treasury	Ethereum	Reviewed	$79.7Mlegacy	3.46% · SEC 7d	7.63/10	Core
ULTRAAUnmapped Delta Wellington Ultra Short Treasury On-Chain Fund	Libeara (Standard Chartered) / FundBridge Capital	Tokenized treasury	Ethereum	Reviewed	$843Klegacy	1.75% · SEC 7d	7.60/10	Core
BENJIAUnmapped Franklin OnChain US Government Money Fund	Franklin Templeton	Tokenized treasury	Ethereum	Reviewed	$48.2Mlegacy	3.67% · SEC 7d	7.58/10	Core
USTBAUnmapped Invesco Short Duration US Government Securities Fund	Superstate	Tokenized treasury	Ethereum	Reviewed	$548.8Mlegacy	3.00% · SEC 7d	7.58/10	Core
USYCAUnmapped Hashnote US Yield Coin	Hashnote (Circle)	Tokenized treasury	Ethereum	Reviewed	$42.4Mlegacy	3.35% · SEC 7d	7.53/10	Core
JAAAAUnmapped Janus Henderson Anemoy AAA CLO Fund	Janus Henderson	On-chain credit	Ethereum	Reviewed	$209.8Mlegacy	5.96% · SEC 7d	7.52/10	Core
OUSGA Ondo Short-Term US Government Bond Fund	Ondo Finance	Tokenized treasury	Ethereum	Reviewed	$318.6M	3.46% · Issuer APY	7.45/10	Core
bIB01AUnmapped Backed iShares 0-1 Year Treasury Bond	Backed Finance	Tokenized treasury	Ethereum	Reviewed	$1.7Mlegacy	4.00% · SEC 30d	7.40/10	Core
CUMIUAUnmapped ChinaAMC USD Digital Money Market Fund	China Asset Management	Tokenized treasury	Ethereum	Reviewed	$553.8Mlegacy	3.95% · SEC 7d	7.40/10	Core
VBILLAUnmapped VanEck Treasury Fund	VanEck	Tokenized treasury	Ethereum	Reviewed	$20.5Mlegacy	3.57% · SEC 7d	7.38/10	Core
bIBTAAUnmapped Backed iShares 1-3 Year Treasury Bond	Backed Finance	Tokenized treasury	Ethereum	Reviewed	$1.1Mlegacy	3.85% · SEC 30d	7.30/10	Core
TBILLAUnmapped OpenEden T-Bills	OpenEden	Tokenized treasury	Ethereum	Reviewed	$20.4Mlegacy	3.44% · SEC 7d	7.30/10	Core
XAUtUnmapped -	TG Commodities (Tether Gold)	Commodity-backed	Ethereum	Reviewed	-	-	7.27/10	Core
PAXGUnmapped -	-	Commodity-backed	Ethereum	Provisional	-	-	7.25/10	Core
USDtbAUnmapped Ethena USDtb	Ethena Labs	T-bill stable	Ethereum	Reviewed	$736.2Mlegacy	-	7.25/10	Core
XAUt0Unmapped -	-	Commodity-backed	Monad	Provisional	-	-	7.25/10	Core
ACREDAUnmapped Apollo Diversified Credit Securitize Fund	Apollo Global Management	On-chain credit	Ethereum	Reviewed	$28.9Mlegacy	2.96% · SEC 7d	7.23/10	Core
USDYA Ondo US Dollar Yield	Ondo Finance	T-bill stable	Ethereum	Reviewed	-	3.60% · Monthly-set APY	7.22/10	Core
BELIFUnmapped Bosera HashKey Digital Liquidity Income Fund	Bosera Asset Management (International)	Tokenized treasury	Ethereum	Reviewed	$102.0Mlegacy	4.00% · Target	7.20/10	Core
mTBILLUnmapped Midas US Treasury Bills	Midas	Tokenized treasury	Ethereum	Reviewed	$71.8Mlegacy	3.43% · SEC 7d	6.88/10	Core
rUSDY Ondo U.S. Dollar Yield (Rebasing)	Ondo Finance	T-bill stable	Ethereum	Reviewed	-	3.60% · Monthly-set APY	6.79/10	Core
USDY Ondo US Dollar Yield	Ondo Finance	T-bill stable	Plume	Reviewed	-	3.60% · Monthly-set APY	6.78/10	Core
nTBILLUnmapped -	-	Tokenized treasury	Plume	Provisional	-	-	6.73/10	Core
FLHYon Franklin High Yield Corporate ETF (Ondo Tokenized)	Ondo Finance	Tokenized equity	Ethereum	Reviewed	-	-	6.68/10	Core
SPYon SPDR S&P 500 ETF (Ondo Tokenized)	Ondo Finance	Tokenized equity	Ethereum	Reviewed	-	-	6.67/10	Core
QQQon Invesco QQQ (Ondo Tokenized)	Ondo Finance	Tokenized equity	Ethereum	Reviewed	-	-	6.53/10	Core
WTGXXUnmapped WisdomTree Government Money Market Digital Fund	WisdomTree	Tokenized treasury	Avalanche	Reviewed	$1.2Mlegacy	3.75% · SEC 7d	6.51/10	Core
nALPHAUnmapped -	-	On-chain credit	Ethereum	Provisional	-	-	6.38/10	Core
nALPHAUnmapped -	-	On-chain credit	Plume	Provisional	-	-	6.38/10	Core
BUIDLUnmapped BlackRock USD Institutional Digital Liquidity Fund	BlackRock	Tokenized treasury	Avalanche	Reviewed	$486.7Mlegacy	3.61% · SEC 7d	6.34/10	Core
nCREDITUnmapped -	-	On-chain credit	Plume	Provisional	-	-	6.30/10	Core
deSPXAUnmapped -	-	Tokenized equity	Base	Provisional	-	-	6.25/10	Core
TSLAon Tesla (Ondo Tokenized)	Ondo Finance	Tokenized equity	Ethereum	Reviewed	-	-	6.18/10	Core
mGLOBALUnmapped Midas Fasanara Global	Fasanara Capital	On-chain credit	Ethereum	Reviewed	$67.7Mlegacy	6.90% · SEC 30d	6.15/10	Core
nINSTOUnmapped -	-	On-chain credit	Plume	Provisional	-	-	6.13/10	Core
nBASISUnmapped -	-	Tokenized treasury	Plume	Provisional	-	-	6.10/10	Core
BENJIUnmapped Franklin OnChain US Government Money Fund	Franklin Templeton	Tokenized treasury	Polygon	Reviewed	$32.2Mlegacy	3.67% · SEC 7d	6.00/10	Core
BUIDLUnmapped BlackRock USD Institutional Digital Liquidity Fund	BlackRock	Tokenized treasury	Polygon	Reviewed	$7.5Mlegacy	3.61% · SEC 7d	5.93/10	Core
WTGXXUnmapped WisdomTree Government Money Market Digital Fund	WisdomTree	Tokenized treasury	Arbitrum	Reviewed	$13.3Mlegacy	3.75% · SEC 7d	5.91/10	Core
thBILLUnmapped Theo Short Duration US Treasury Fund	Theo	Tokenized treasury	Ethereum	Reviewed	$37.7Mlegacy	0.91% · SEC 7d	5.80/10	Core
WTGXXUnmapped WisdomTree Government Money Market Digital Fund	WisdomTree	Tokenized treasury	Optimism	Reviewed	$0legacy	3.75% · SEC 7d	5.73/10	Core
OUSG Ondo Short-Term US Government Bond Fund	Ondo Finance	Tokenized treasury	Polygon	Reviewed	$318.6M	3.46% · Issuer APY	5.71/10	Core
BUIDLUnmapped BlackRock USD Institutional Digital Liquidity Fund	BlackRock	Tokenized treasury	Arbitrum	Reviewed	$8.6Mlegacy	3.61% · SEC 7d	5.68/10	Core
BUIDLUnmapped BlackRock USD Institutional Digital Liquidity Fund	BlackRock	Tokenized treasury	Optimism	Reviewed	$26.5Mlegacy	3.61% · SEC 7d	5.55/10	Core
PRIMEUnmapped -	-	On-chain credit	Ethereum	Reviewed	$189.5Mlegacy	-	5.42/10	Core
XAUt0Unmapped -	-	Commodity-backed	Stable	Reviewed	-	-	5.38/10	Core
WTGXXUnmapped WisdomTree Government Money Market Digital Fund	WisdomTree	Tokenized treasury	Base	Reviewed	$51Klegacy	3.75% · SEC 7d	5.35/10	Core
BENJIUnmapped Franklin OnChain US Government Money Fund	Franklin Templeton	Tokenized treasury	Base	Reviewed	$59.7Mlegacy	3.67% · SEC 7d	5.21/10	Core
USDY Ondo US Dollar Yield	Ondo Finance	T-bill stable	Arbitrum	Reviewed	-	3.60% · Monthly-set APY	5.19/10	Core
mF-ONEUnmapped Midas Fasanara mF-ONE Credit Fund	Fasanara Capital	On-chain credit	Ethereum	Reviewed	$63.3Mlegacy	7.24% · SEC 7d	5.13/10	Core
thBILLUnmapped Theo Short Duration US Treasury Fund	Theo	Tokenized treasury	Stable	Reviewed	-	0.91% · SEC 7d	4.63/10	Edge
XAUt0Unmapped -	-	Commodity-backed	Arbitrum	Reviewed	-	-	3.97/10	Edge
XAUt0Unmapped -	-	Commodity-backed	Plasma	Reviewed	-	-	3.29/10	Edge
thBILLUnmapped Theo Short Duration US Treasury Fund	Theo	Tokenized treasury	Arbitrum	Reviewed	$5.9Mlegacy	0.91% · SEC 7d	3.08/10	Edge

Regulatory wrapper

83.3%

16.7%

Reg S 83.3%Reg D 506(c) 16.7%

Jurisdiction

83.3%

16.7%

British Virgin Islands 83.3%United States 16.7%

Custodian

66.7%

33.3%

US-registered custodial broker-dealer(s), not publicly named 66.7%Unknown 33.3%

Auditor

100.0%

Unknown 100.0%

Each asset is scored 0-10 using category-specific risk dimensions. Credit products add credit quality, default, recovery, manager concentration, and redemption terms; equities add volatility. The weighted average maps to a tier: Prime at 8.0 or above, Core at 5.0 or above, Edge below 5.0. Scores sit next to the institutional fields an allocator uses to underwrite a wrapper: jurisdiction, KYC gate, custodian, auditor, attestation cadence, and redemption window.

Tiers

Prime ≥ 8.0Core ≥ 5.0Edge < 5.0

Review status

reviewed: analyst attestedprovisional: under reviewunreviewed: capped at 2.0

Per-category dimension weights

Category	Issuer & custody	Reserve transparency	Redeemability	Peg stability	Governance	Liquidity
Tokenized treasury	30%	25%	15%	10%	10%	10%
T-bill stable	25%	20%	15%	15%	10%	15%
On-chain credit	15%	10%	-	-	10%	5%
Commodity-backed	25%	25%	15%	10%	10%	15%
Tokenized equity	25%	20%	-	-	15%	20%

Full methodology docs