USYC, the tokenized Treasury fund from @circle, burned 73.0M tokens on BNB Chain on Nov 12 and Nov 13, about $83.5M at NAV. Supply across both chains is down 4.0% since Nov 10, to $2.02B. Cause not yet confirmed.
BENJI, the tokenized money market fund from @FTDA_US, added a net $45.9M on Stellar on Nov 12. Supply across seven chains is now $1.27B, up $177M, or 16%, since Nov 5.
BUIDL, the tokenized fund from @BlackRock, burned 100.0M tokens on Aptos on Nov 12, cutting its Aptos supply 64% to 57.5M. Supply across all nine chains is now $1.64B, down $263M, or 14%, since Nov 5. Cause not yet confirmed.
The AA tranche of the FalconX USDC vault from @paretocredit grew its Ethereum supply 12.5% from Oct 12 to Nov 12, to 128.42M tokens. Mints of 14.80M tokens across 34 transactions outweighed two burns of 0.53M, a net $16.0M at the current price.
syrupUSDT, the USDT lending token from @maplefinance, has shed a fifth of its Ethereum supply since Oct 22, down 20.2% to 228.79M tokens by Nov 12. Burns of 74.24M outpaced 16.28M minted, a net $66.8M at NAV. Cause not yet confirmed.
PRIME, the token from @HastraFi that earns yield from Figure's home-equity lending pool, shed 7.0% of its Ethereum supply from Oct 21 to Nov 12, a net $31.4M at NAV, even after an $8.9M rebound on Nov 11. Cause not yet confirmed.
VBILL, the tokenized Treasury fund from @vaneck_us, grew its Ethereum supply 32.5% from Oct 21 to Nov 12, to 28.76M tokens. Four mints of 1M to 2M tokens between Oct 27 and Nov 3 added $7.0M, with no burns in the period.
USDY, the tokenized Treasury fund from @Ondo, is the largest tokenized treasury Intergalactic tracks at $2.38B as of Nov 11, $279M ahead of USYC.
https://t.co/lJaZrCe0MQ
reUSD, the deposit token from @Re, added 9.07M tokens from Nov 2 to Nov 12, about $10.1M at NAV, taking supply to 323.9M. The cause is not yet confirmed.
https://t.co/aRxNJNpXoz
syrupUSDC, the tokenized private credit product from @maplefinance, fell 26.6M tokens from Nov 2 to Nov 12, about $31.7M at NAV, or 3.4% of supply. The cause is not yet confirmed.
https://t.co/3RdeMlUeoA
@Ondo Adoption is already showing up onchain: USDY counts 11,350 holders as of Nov 11, about 1.5x every other tokenized treasury and money market fund we track combined.
@arbitrum Much of that future already runs on Arbitrum technology: Robinhood Chain and Arbitrum One together carry about 750,000 of the roughly 951,000 tokenized-asset holder positions we track, nearly 4 in 5, as of Nov 11.
MONY and JLTXX, the tokenized money market funds from @jpmorgan, burned 50.0M and 25.0M tokens on Ethereum 12 seconds apart late Tuesday, about $75.0M at $1.00 NAV. MONY's Ethereum supply fell 48% to 53.3M tokens, and JLTXX on Ethereum is down to 29.5M.