The top Tokenized Treasury projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Superstate
Tokenized Treasuries for qualified on-chain investors
ethereumplumesolana

Circle
Tokenized treasuries yielding Fed rate onchain
bnb-chainethereumnear+1

Fidelity Investments
Tokenized Treasury fund on Ethereum
ethereum

Janus
Tokenized institutional assets, onchain for everyone.
avalanchebasebnb-chain+2

OUSG
ethereumpolygonsolana

Ondo US Dollar Yield
aptosarbitrumethereum+8

Midas mTBILL
baseethereumetherlink+2

Backed IB01 $ Treasury Bond 0-1yr
arbitrumavalanchebase+4

Backed IBTA $ Treasury Bond 1-3yr
arbitrumavalanchebase+4

Nest Treasury Vault
arbitrumethereumplume

Theo Short Duration US Treasury Fund
arbitrumbaseethereum+1

TBLL xStock
bnb-chainethereumsolana

USDM1
ethereumsolanastellar

Dinari BOXX
arbitrumbaseblast+1

Nest Treasury Vault (LP)
plume

Dinari HYMB
arbitrumbaseblast+1

Spiko EU T-Bills Money Market Fund
arbitrumbaseethereum+4

Spiko US T-Bills Money Market Fund
arbitrumbaseethereum+3

Etherfuse CETES
basemonadpolygon+2

Adapt3r Digital Treasury Bill Fund
ethereum

Fortunafi Tokenized Short-term U.S. Treasury Bills for Non US Residents
canto

OpenEden TBILL
arbitrumethereumsolana+1