RWTS Compare
VBILL vs BUIDL
Side-by-side Trust Score comparison based on the RWTS Rating methodology. Six dimensions of structural trust, scored independently.
VanEck Treasury Fund
VBILL
78T2
Trust Score
78
APY
3.95%
TVL
$61.00M
Higher Score
BlackRock USD Institutional Digital Liquidity
BUIDL
87T2
Trust Score
87
APY
3.53%
TVL
$4.94B
Dimension Comparison
| Dimension | VBILL | BUIDL | Max | Edge |
|---|---|---|---|---|
| Asset Backing | 22 | 22 | 25 | Tied |
| Proof of Reserves | 16 | 16 | 20 | Tied |
| Redeemability | 9 | 12+3 | 15 | BUIDL |
| Audit & Security | 12 | 15+3 | 15 | BUIDL |
| Regulatory Standing | 13 | 15+2 | 15 | BUIDL |
| Track Record | 6 | 7+1 | 10 | BUIDL |
| Total | 78 | 87 | 100 | BUIDL+9 |
Key Facts
| Attribute | VBILL | BUIDL |
|---|---|---|
| Tier | T2: Treasury & Fiat-Backed | T2: Treasury & Fiat-Backed |
| Chain | Multi-chain | Multi-chain |
| Risk Level | Low | Low |
| Backing | Short-term US Treasury bills | U.S. Treasury securities & repo agreements |
| Protocol | VanEck / Securitize | BlackRock / Securitize |
| Lock-up | Permissioned (institutional; $100k min, $1M on Ethereum) | Permissioned (institutional only) |
| Audited | Yes | Yes |
VBILL Details
Full profile and yield calculator
BUIDL Details
Full profile and yield calculator
RWTS Methodology
How scores are calculated
This comparison is based on the RWTS Trust Score framework and is not financial advice. It does not constitute a recommendation to buy, sell, or hold either asset. Always conduct your own due diligence.