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TBILL

OpenEden TBILL

Tokenized TreasuriesOpenEdenEthereum / ArbitrumFOR PROFESSIONAL (US)
YIELD
~3.48%
vs SAVINGS
+148bp
RISK
LOW
RANK IN TYPE
5/6
VENUES
ISSUER ONLY

Peers · Tokenized Treasuries

AVG 3.59% · BENCH 2.00%
TICKERISSUERYIELDvs SAVRISKMIN
mTBILLMidas~4%+200bpLOWNone
JTRSYAnemoy / Janus Henderson (Centrifuge)~3.59%+159bpLOW$500,000 (institutional)
USDYOndo Finance~3.55%+155bpVERY LOW~$50 (secondary market)
OUSGOndo Finance~3.53%+153bpLOW$5,000
TBILL ◂OpenEden~3.48%+148bpLOWKYC onboarding; verify current minimum
USTBSuperstate / Invesco~3.38%+138bpLOWQualified purchasers (high)

Description

ISSUER DOCS

Tokenized vault backed 1:1 by short-dated US T-bills plus a cash buffer, from Singapore-based OpenEden. One of the earlier regulated T-bill vaults, open to non-US investors after KYC.

Buying · Q&A

3 QUESTIONS
How do I buy TBILL?+

KYC at openeden.com, mint TBILL with USDC. The token runs on Ethereum / Arbitrum. Minimum: KYC onboarding; verify current minimum.

Where can I buy TBILL?+

TBILL is not listed on any exchange or DEX we can see. It is bought (subscribed) and redeemed directly with the issuer, OpenEden.

Who can buy TBILL?+

As OpenEden TBILL states it: US, accredited investors: yes (Rule 501(a) accredited investors after KYC/KYT, allowlisted wallet); US, retail investors: no. The issuer has the final word; check its terms before buying.

Where to trade

SECONDARY MARKET
NO EXCHANGE LISTING

TBILL does not trade on any exchange or DEX we can see. You get it from the issuer and redeem it there — see below.

Issuer · primary market

SUBSCRIBE / REDEEM
OpenEden

KYC at openeden.com, mint TBILL with USDC

MIN
KYC onboarding; verify current minimum
KYC
Required
CUSTODY
Self-custody (whitelisted vault)
GO TO OPENEDEN↗

Who may buy is set by the issuer — check their terms. Not investment advice.

Key facts

VERIFIED 2026-08-25
Yield / return
~3.48% (T-bill level)
Risk
Low
Minimum
KYC onboarding; verify current minimum
Liquidity
Mint/redeem vs USDC via the vault
Custody
Self-custody (whitelisted vault)
KYC
Required
Verified
2026-08-25

Details

Issuer
OpenEden
Type
Tokenized Treasuries
Category
Tokenized Treasuries
Yield source
Short-dated US T-bills + USD cash buffer
Network
Ethereum / Arbitrum
Jurisdiction
Singapore (non-US persons)
AUM
~$115M

Spread to savings

BP
mTBILL
+200
JTRSY
+159
USDY
+155
OUSG
+153
TBILL
+148
USTB
+138