OpenTrade Flexible Term USDC Vault Token

XTBT


Price
$1.00 USD (0%)

24h Volume
0.00

Market Cap
$24,558,645

Last Trade
March 30, 2025

Last Trade
March 30, 2025
OpenTrade Flexible Term USDC Vault logo

XTBT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise -
Soft Cap -
Raise Status Active
Minimum Investment $100 USD
Accepted Investors International Accredited
Exemptions N/A
Instrument Vault/ Pool Tokens
Token Issuance Info The Current Withdrawal Cut-Off Time is 6pm GMT.

Token Information

Price Per (XTBT) $1 USD (0%)
Token Issuance Platform OpenTrade
Secondary Marketplace OpenTrade
Blockchains Available On Ethereum, Avalanche
Security Type Fixed Income
Asset Class Private Credit
Ratings -
Token Rights Lenders earn a variable interest rate (“Loan Fee Rate”) which is benchmarked to the 4-Week Bank Discount Daily Treasury Rate less Fees. Principal and interest compounds daily.

About

Overview

The flexible term USDC Vault aims to provide lenders with the risk free rate of return for USD. It's collateral portfolio consists exclusively of highly liquid US Treasury Bills and USD Money Market Funds. Interest accrues and compounds daily and lenders can move in and out at anytime. Withdrawals made before the cut off time are repaid same day, typically within 6 hours.


Eligible Collateral: US Treasury Bills, USD Money Market Funds (Fidelity, Wilmington Trust, Franklin Templeton)

Highlights

Issuer: OpenTrade
Investment Advisor: Five Sigma Finance Ltd.
Fees: 50 bps per annum, deducted from the gross yield generated on the underlying collateral

Blockchain

Blockchain Contract Address Block Explorer
Ethereum 0x0f8CbdC544dC1D4Bd1bDafE0039Be07B825aF82A Click here
Avalanche 0xad6605f4987031fd2d6d6816be53eb7c5b764bf7 Click here