Liquidity depth per major asset

BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-065 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

BUIDL not traded on open AMMs. UniswapX institutional venue (Feb 2026) provides OTC liquidity for whitelisted investors via Wintermute/Flowdesk. Primary liquidity: Circle USDC Off-Ramp (0x31d3f59a) — 1:1 BUIDL→USDC, 24/7, minimum 250,000 USDC. Circle reserve capacity not publicly disclosed.

Sources #

URL
https://blog.uniswap.org/unlocking-defi-liquidity-for-buidlretrieved 2026-04-26
URL
https://www.circle.com/pressroom/circle-announces-usdc-smart-contract-for-transfers-by-blackrocks-buidl-fund-investorsretrieved 2026-04-26

Methodology #

Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol blackrock-buidl factor RD-F-065 score yellow collected_at 2026-05-12 09:40:42