Tokenised MMF · Franklin Templeton
BENJIFranklin OnChain US Government Money Fund
First tokenised US money-market fund registered under the Investment Company Act of 1940. Distributed via the Benji app on Stellar; extended to Polygon and Base.
BComposite rating
7-day yield
5.06%
AUM
$720M
AUM 30d change
+$41.0M
Holders on-chain
524
Overview
Asset class
Tokenised MMF
Jurisdiction
United States
Inception
26 Apr 2021
Regulatory wrapper
'40 Act
KYC required
Yes
Economics
7-day yield
5.06%
30-day yield
5.04%
Since inception
4.32%
Expense ratio
20 bps
Yield methodology
SEC 7-day
Distribution
Daily
Scale
AUM
$720M
AUM 30d change
+$41.0M
Holders (on-chain)
524
Top 10 concentration
62%
Liquidity
Redemption
T+1
Min subscription
$0
Secondary market
None
Avg daily volume
—
Transparency
Reserve attestation
Daily ●
Last attestation
4h ago
Audit firm
PwC
Smart contract audit
Internal
Plinch rating · methodology v1.0
how this is computed →Composite
B72 / 100
- Custody30/30
- Attestation25/30
- Liquidity11/25
- Smart contract7/15
Custody
100/100A+
- Auditor: PwC (Big 4)30/30
- Regulatory wrapper: '40 Act (SEC-registered fund)35/35
- Jurisdiction: United States25/25
- Investor identification: KYC required10/10
Attestation
82/100B+
- Cadence: Daily70/70
- Recency: very late2/20
- Attesting auditor tier: PwC (Big 4)10/10
Liquidity
42/100C-
- Primary redemption: T+128/40
- Secondary market: None on-chain0/30
- Holder distribution: Top-10 hold 62% — concentrated14/30
Smart contract
45/100C-
- Smart-contract auditor: Internal audit only15/70
- Contract age: >2 years live, no incident30/30
Chain coverage
StellarprimaryPolygonBase
Primary contract: CCFRANKLIN...BENJI
Updated 12m ago · From 12 sources · Methodology