Buidl
Arbitrage
Sentiment
Projects
Live BlackRock USD market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| # | Chain | Supply | Share | Trend | Distribution | ||
|---|---|---|---|---|---|---|---|
| 1 | Ethereum | $1.01B | 33.40% | −$213.73M | 2.66% | x | |
| 2 | Aptos | $821.62M | 27.15% | +$262.54M | 100.0% | x | |
| 3 | Solana | $573.44M | 18.95% | +$293.73M | 12.1% | x | |
| 4 | Avalanche | $444.09M | 14.68% | +$240.51M | 95.0% | x | |
| 5 | BSC | $110.35M | 3.65% | −$399.03M | 2.11% | x | |
| 6 | OP Mainnet | $26.22M | 0.87% | +$68.11K | 8.98% | x | |
| 7 | Arbitrum | $25.57M | 0.84% | +$66.42K | 2.01% | x | |
| 8 | Polygon | $13.91M | 0.46% | −$239.68K | 1.34% | x |
BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens.
The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.