Liquidity depth per major asset
OpenEden'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 #
No DEX or AMM secondary market for TBILL found. Primary redemption is KYC-gated (whitelist mandatory), T+1 US business day settlement, minimum $1 USDC. Institutional-only with $100K minimum subscription. Monthly transfer volume ~$34.7M (32 transfers) at rwa.xyz is primary-market activity, not secondary DEX liquidity. No on-chain 2%/5% price-impact depth measurable — TBILL is not listed on any DEX. USDO is designed for DeFi composability (cUSDO wrapper, Chainlink CCIP for Base), but no significant DEX liquidity pool found at assessment time. Effective liquidity for any holder seeking exit: primary redemption queue only, subject to T+1 settlement and KYC restrictions.
Sources #
- URLrwa.xyz — TBILL asset page: 42 total holders, 11 active/30d, monthly volume $34.7Mhttps://app.rwa.xyz/assets/TBILLretrieved 2026-05-16
- OpenEden docs — TBILL redemptions: T+1 settlement, KYC-gated, min $1 USDChttps://docs.openeden.com/tbill/redemptionsretrieved 2026-05-16
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 →