Treasuries · Superstate

USTB · Short Duration US Government Securities Fund

Fund size

$710m

Yield (7-day)

3.8%

Holders

Is it used?

Used

Fact sheet

Issuer: Superstate
Tokenisation platform: Superstate (SEC-registered transfer agent)
Chains: Ethereum, Solana
Launched: Feb 2024
Redemption: Daily; same-day in USDC
Legal structure: US private fund, 3(c)(7)
Who can invest: Qualified purchasers · minimum $100k

Is it actually used?

30 wallets active and 320 transfers in 30 days; 41% idle.

Idle supply (90 days): 41%
Held by the top 10 wallets: 82%
Transfers, 30 days: 320
Active wallets, 30 days: 30

Describes on-chain activity only. It says nothing about the quality of the fund.

Accepted as collateral?

Tracker

CFTC tokenised collateral pilot (US derivatives)Derivatives margin · haircut Set by clearing housePilot

DTCC collateral pilotClearing and settlement · haircut Pilot termsPilot

Aave Horizon (permissioned market)DeFi lending · haircut Loan-to-value 75–85%Accepted

UK central counterpartiesDerivatives margin · haircut —Not accepted

Reserves and reporting

Up to date

Daily NAV by Fund administrator. Latest: 2026-11-08 (2 days ago).

All attestations →

Who is involved

Superstate Ethereum

Information only, compiled from public sources with AI assistance. Not investment, legal, tax or regulatory advice, and not a recommendation to buy or sell anything. Scenarios describe what could happen and what has happened before; they are not forecasts. Prices are delayed or end-of-day. Always check the original source.