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Description

The AmberLens Real-World Assets dashboard covers various assets tokenized on Ethereum. These dashboards currently cover:
  • BlackRock: BUIDL
  • Ondo: OUSG
  • Matrixdock: STBT
  • Backed: IB01
  • Hashnote: USYC
  • OpenEden: TBILL
  • Maple: MPLcashUSDC
  • Superstate: USTB.

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Use Case

Traders For traders, tokenized treasuries present advantages such as enhanced liquidity, faster settlement times, and access to a broader market. These attributes can contribute to increased price volatility and trading opportunities. Additionally, fractional ownership enables traders to implement more diversified and flexible strategies with potentially lower capital outlays. Researchers Researchers focus on examining the transformative impact of blockchain-based financial instruments like tokenized treasuries. They explore how blockchain technology improves the efficiency, transparency, and accessibility of government bonds. Researchers are particularly interested in innovations such as programmable features and smart contracts, and how these developments may influence public finance, monetary policy, and investor behavior over the long term. Analysts Analysts, especially those in financial institutions or advisory roles, assess tokenized treasuries to provide strategic insights and investment recommendations. Their evaluations emphasize risk management, market trends, and the long-term benefits of incorporating tokenized treasuries into diversified portfolios. Analysts study how tokenization affects market liquidity, regulatory environments, and the integration of digital assets with traditional financial markets. Their goal is to identify how tokenized treasuries can optimize returns, manage risk, and support digital transformation in finance.

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Methodology

Indexed contract addresses: 0x7712c34205737192402172409a8f7ccef8aa2aec: BUIDL 0x43415eb6ff9db7e26a15b704e7a3edce97d31c4e: USTB 0x1b19c19393e2d034d8ff31ff34c81252fcbbee92: OUSG 0x136471a34f6ef19fe571effc1ca711fdb8e49f2b: USYC 0x530824da86689c9c17cdc2871ff29b058345b44a: STBT 0xca30c93b02514f86d5c86a6e375e3a330b435fb5: ID01 0xdd50c053c096cb04a3e3362e2b622529ec5f2e8a: TBILL Market Capitalization
Market capitalization is calculated daily by aggregating the total tokens issued minus tokens redeemed to determine total supply. If an oracle contract is available from the protocol, the latest reported price is used to value the supply. In the absence of an oracle, a default price of $1 is assumed. Unique Holders
The number of unique holders is derived from token transfer data by counting distinct wallets holding a positive balance each day. Top Holders
Top holders are identified by calculating the current token balances of all wallets using transfer data.