OpenEden TBILL is a Moody's A-rated tokenized U.S. Treasury vault. It's one of the few rated on-chain treasury products. Recently expanded to Solana and launched corporate bond products for diversified fixed-income exposure.
- Issuer / protocol
- OpenEden
- Jurisdiction
- British Virgin IslandsBVI FSC professional fund
- Backing
- U.S. Treasury bills
- Redemption / lock-up
- Permissioned
- Audit & proof of reserves
- Independently audited
- Availability
- Global
- Chain
- Ethereum & Solana
- Tier
- Tier 2 — Treasury & Fiat-Backed
Scored on the published RWTS methodology (v1.1), reviewed quarterly and on material events. Ratings are independent and never pay-influenced.
Addresses verified against each chain's explorer. Native = canonical or natively issued; bridged = wrapped or messaged across.
Calculations are indicative. Actual yields may vary.
Price data from CoinGecko. Not financial advice.
Current yield of 3.02% sits at -11% of the observed range. There may be room for rates to improve.
Projections assume constant APY of 3.02%. Actual returns may vary. Not financial advice.
Beyond TBILL's own score, two structural questions matter: what is it built on, and what has broken before in this part of the market. A high score in isolation can still carry hidden, shared exposure.
What this and similar assets are built on, and where contagion could spread.
The depegs, defaults, and exploits that inform the Track Record dimension.
Liquidity read: TVL of $79.98M indicates developing on-chain liquidity. Lock-up: Permissioned.
Is TBILL safe?
TBILL (OpenEden TBILL) scores 80/100 on the independent RWTS Trust Score, which places it in Treasury & Fiat-Backed (Tier 2). Tier 2 is strong: institutional or fiat backing with solid verification, a notch below fully-reserved physical assets. Backing: U.S. Treasury bills. It is independently audited. The score reflects backing, verification, redeemability, audit, regulatory standing, and track record, not headline yield. We rate. You decide.
Compare TBILL
Head to head on the Trust Score with similar assets.