Yield-bearing stablecoin · Hashnote
USYCHashnote US Yield Coin
Yield-bearing collateral token used extensively by trading venues as cash-equivalent margin. Backed by short-term Treasuries.
B-Composite rating
7-day yield
5.14%
AUM
$1.10B
AUM 30d change
+$95.0M
Holders on-chain
142
Overview
Asset class
Yield-bearing stablecoin
Jurisdiction
Cayman Islands
Inception
1 Sept 2023
Regulatory wrapper
Cayman SIBA
KYC required
Yes
Economics
7-day yield
5.14%
30-day yield
5.12%
Since inception
5.02%
Expense ratio
10 bps
Yield methodology
APY (accrued)
Distribution
Continuous
Scale
AUM
$1.10B
AUM 30d change
+$95.0M
Holders (on-chain)
142
Top 10 concentration
81%
Liquidity
Redemption
T+0 (collateral)
Min subscription
$100,000
Secondary market
Limited
Avg daily volume
$3.4M
Transparency
Reserve attestation
Daily ●
Last attestation
30m ago
Audit firm
BDO
Smart contract audit
Trail of Bits
Plinch rating · methodology v1.0
how this is computed →Composite
B-70 / 100
- Custody17/30
- Attestation24/30
- Liquidity14/25
- Smart contract15/15
Custody
58/100C+
- Auditor: BDO (Tier 2)22/30
- Regulatory wrapper: Cayman EF / SIBA18/35
- Jurisdiction: Cayman Islands8/25
- Investor identification: KYC required10/10
Attestation
79/100B+
- Cadence: Daily70/70
- Recency: very late2/20
- Attesting auditor tier: BDO (Tier 2)7/10
Liquidity
56/100C
- Primary redemption: T+035/40
- Secondary market: Limited15/30
- Holder distribution: Top-10 hold 81% — heavily concentrated6/30
Smart contract
100/100A+
- Smart-contract auditor: Trail of Bits (Tier 1)70/70
- Contract age: >2 years live, no incident30/30
Chain coverage
Ethereumprimary
Primary contract: 0x136471a34f6ef19fE571EFFC1CA711fdb8E49f2b
Updated 10m ago · From 17 sources · Methodology