Yield
- 7D APY
- 5.55%▼
- 30D APY
- 5.56%▲
$CETES
Etherfuse CETES, officially known as Certificados de la Tesorería de la Federación, represent short-term government securities issued by Mexico’s treasury. They act like digital cash equivalents with defined maturity dates and predictable cash flows. In a tokenized form, you get exposure to risk-free rate instruments from one of the larger emerging market economies. They settle quickly and are typ...
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$4.32M
▼7.59%from 30d ago
5.56%
▲+11.36%from 30d ago
5.30%
Trailing 12 months
$0.06
▼3.04%from 30d ago
5,026
▲+0.12%from 30d ago
Etherfuse CETES
Return Target
Not supplied yet.
Asset Class
Exposure
Etherfuse CETES, officially known as Certificados de la Tesorería de la Federación, represent short-term government securities issued by Mexico’s treasury. They act like digital cash equivalents with defined maturity dates and predictable cash flows. In a tokenized form, you get exposure to risk-free rate instruments from one of the larger emerging market economies. They settle quickly and are typically used for capital preservation and yield accrual. Mexican Treasury Bills (CETES) carry a sovereign credit rating of Baa2/BBB, issued by the government of Mexico. Sectors: Government Regions: Latin America and the Caribbean
Liquidity
Mint programmatically via our SDK or at app.etherfuse.com Redeem programmatically via our SDK or at app.etherfuse.com
Asset Manager
Asset manager details have not been supplied yet.
Management Team
Management team details have not been supplied yet.
Etherfuse CETES Performance
Loading performance history…
Fees
- Management fee
- 0.50%
- Performance fee
- 0%
- Subscription fee
- 0%
- Other fees
- Etherfuse generates revenue through a variable commission structure based on the yield (Y) of the underlying sovereign asset, ranging from 0.25% to 1.5% per annum. This commission is deducted from the gross yield of the Financial Assets acquired using customer funds, net of third-party charges and taxes. The fee tiers are as follows: Low yield (Y < 4.5%): Fixed commission of 0.25% Intermediate yield: Commission calculated as F% = 0.2273 × Y − 0.7727, adjusting proportionally to asset performance High yield (Y ≥ 10%): Fixed commission of 1.5%
Subscriptions & Redemptions
- Eligible Investors
- Non-U.S. Investor
- KYC required
- Yes
- KYC requirements
- KYC through Etherfuse for primary market mint/burn
- Subscription frequency
- Instant
- Subscription process
- Mint programmatically via our SDK or at app.etherfuse.com
- Redemption frequency
- Instant
- Minimum Redemption Amount
- 0
- Right to redeem
- Yes
- Redemption & notice requirements
- Redeem programmatically via our SDK or at app.etherfuse.com
- Term details
- CETES tokens are backed by short-term Mexican Treasury Bills (Certificados de la Tesorería de la Federación) with maturities generally under 90 days, issued by Mexico's federal treasury. The portfolio is continuously reinvested to maintain exposure to prevailing Mexican interest rates as set by Banco de México. This short-duration approach minimizes interest rate sensitivity while capturing Mexico's sovereign yield.
Subscriptions
Redemptions
Collateral & Investor Protections
- All holdings secured
- Yes
- Accounts segregated
- Yes
- Holdings bankruptcy remote
- Yes
- Collateral & security
- Each CETES token is fully collateralized 1:1 by short-term Mexican Treasury Bills held in custody through BBVA, Casa de Bolsa BASE, Kuspit, and Actinver, all regulated Mexican financial institutions. Underlying assets are overcollateralized with live proof of reserves published monthly. Mexican CETES carry a Baa2/BBB credit rating and represent the sovereign risk-free rate of one of Latin America's largest economies. Assets are not rehypothecated, leveraged, or subject to on-chain algorithmic management.
- Holder rights
- CETES token holders have contractual rights governed by the Etherfuse Agreement for the Provision of Services and Commercialization of Tokens. Holders are entitled to redemption of their tokens for the equivalent value of underlying Mexican Treasury Bills, subject to settlement cycles and market hours. Etherfuse is the only Mexican blockchain company with a resolution from the CNBV (Comisión Nacional Bancaria y de Valores) confirming that its tokens do not require authorization, registration, or concession by financial regulators. Token holders do not exercise governance rights over the protocol.
- Account segregation details
- Customer funds are strictly segregated from Etherfuse's own capital in accordance with internal policies and applicable regulatory frameworks. Underlying Mexican Treasury Bills (CETES) are held through BBVA, Casa de Bolsa BASE, Kuspit, and Actinver, all regulated Mexican financial institutions, ensuring clear separation between customer assets and operational funds.
- Bankruptcy protection details
- CETES Stablebonds are registered under Swiss law in accordance with the Swiss Distributed Ledger Technology (DLT) Act. This framework provides asset segregation and bankruptcy remoteness protections, ensuring client assets are isolated and protected in the event of Etherfuse insolvency. Token holders benefit from a bankruptcy-remote structure that legally separates underlying assets from Etherfuse's corporate estate.
Legal Structure & Regulation
- Legal issuer
- Etherfuse Inc
- Tokenization Sponsorship
- Issuer-Sponsored
- Legal structure
- U.S. Corporation
- Regulatory Framework
Switzerland DLT Act
- Dispute Resolution Country
Mexico
- Dispute resolution
- Any disputes arising in connection with this product are governed by the laws of the United Mexican States. Disputes shall be resolved exclusively by the courts of Mexico City, with express waiver of any other venue. The Spanish version of the governing agreement shall prevail in the event of any conflict.
- Regulatory jurisdiction
- Switzerland
- Inception date
- 04/12/2024
- Denomination
- MXN
Service Providers
- Custodian
- Banco Bilbao Vizcaya Argentaria, S.A.
- Crypto custodian
- Kuspit Casa de Bolsa
- KYC provider
- Plaid
Etherfuse CETES Metrics
Metric
Show % of Total
Token & Networks
- Platform
- Tokenization type
- Transferability
- Transferable without restrictions
- Token supply
- 67,623,595.99▼
- Circulating supply
- 67,623,595.99▼
Blockchain Networks
Holders
All networks · changes vs. 30 days ago
Holding addresses
5,026▲+0.00%
Active (30D)
476▼−0.12%
View detailed token
holder breakdowns
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Holders Product Screenshot
Transactions
All networks · changes vs. 30 days ago
Transfers (30D)
179,217▲+0.25%
Volume (30D)
$6.2M▲+0.30%
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