Tokenized Treasuries on Ethereum
As of Oct 5, 2026, there are 14 tokenized treasuries products on Ethereum, holding at least $1.73B on the chain. The largest are Invesco USTB, Ethena USDtb, Anemoy Capital. Tokenized treasuries are blockchain tokens backed by US government debt, mostly short-dated Treasury bills. Holders earn close to the T-bill rate, and the tokens can move onchain around the clock.
| # | Asset | Issuer | Value on Ethereum | 7D | 30D |
|---|---|---|---|---|---|
| 1 | Superstate | $557M | +3.4% | -5.0% | |
| 2 | Ethena | $489M | -0.7% | +1.3% | |
| 3 | Centrifuge | $326M | -0.2% | -58.3% | |
| 4 | Frax Finance | $109M | +2.7% | -2.5% | |
| 5 | Usual | $84.5M | -4.1% | -6.6% | |
| 6 | - | $81.0M | +4.5% | +61.1% | |
| 7 | Sky | $74.8M | +1.5% | +4.7% | |
| 8 | - | $3.26M | - | - | |
| 9 | - | $1.83M | -6.8% | -9.4% | |
| 10 | Lista DAO | $353K | -0.2% | -0.5% | |
| 11 | Clearpool | $149K | +0.3% | +18.4% | |
| 12 | Theo | $0.000500 | -47.6% | -88.0% | |
| 13 | Securitize | - | - | - | |
| 14 |  Franklin Templeton BENJIBENJI | Franklin Templeton | - | - | - |
FAQ
What tokenized treasuries are on Ethereum?
Invesco USTB, Ethena USDtb, Anemoy Capital, Frax USD, Usual USD0 (USUAL), Plume Vaults, Sky RWA, Kamui.
How much is in tokenized treasuries on Ethereum?
As of Oct 5, 2026, there are 14 tokenized treasuries products on Ethereum, holding at least $1.73B on the chain. The largest are Invesco USTB, Ethena USDtb, Anemoy Capital.