Yield
- 7D APY
- 1.70%▼
- 30D APY
- 1.92%▼
$XEVT-ETH
Flexible term loans that allow users to make loans and begin accruing interest immediately and earns a variable interest rate (“Loan Fee Rate”) which is benchmarked to a blend of daily rates corresponding to the assets backing this product (German, French, and Italian 1-Month Bonds) less Fees. Principal and interest compounds daily.
Explore issuer purchase options or request access through RWA.xyz.
$5,987.53
▼99.48%from 30d ago
1.92%
▼3.34%from 30d ago
1.64%
Since inception
$1.19
▲+0.38%from 30d ago
3
▼25.00%from 30d ago
OpenTrade Fixed Term E.U. Bonds Vault (Ethereum)
Return Target
Not supplied yet.
Asset Class
Exposure
Flexible term loans that allow users to make loans and begin accruing interest immediately and earns a variable interest rate (“Loan Fee Rate”) which is benchmarked to a blend of daily rates corresponding to the assets backing this product (German, French, and Italian 1-Month Bonds) less Fees. Principal and interest compounds daily.
Liquidity
Withdrawals can be initiated at anytime and will be processed within 24 hours
Asset Manager
Asset manager details have not been supplied yet.
Management Team
Management team details have not been supplied yet.
OpenTrade Fixed Term E.U. Bonds Vault (Ethereum) Performance
Loading performance history…
Fees
- Management fee
- 0.30%
- Performance fee
- 0%
- Subscription fee
- 0%
- Redemption fee
- 0%
- Fee structure
- 30 bps per annum deducted from yield on backing assets
Subscriptions & Redemptions
- Funding option
- EURC
- Eligible Investors
- Non-U.S. Investor
- KYC required
- Yes
- KYC requirements
- Must be sophisticated investor. US persons not allowed.
- Subscription frequency
- Daily
- Min. Investment
- 0 EURC
- Redemption frequency
- Daily
- Minimum Redemption Amount
- 0 EURC
- Right to redeem
- Yes
- Redemption & notice requirements
- Withdrawals can be initiated at anytime and will be processed within 24 hours
Subscriptions
Redemptions
Collateral & Investor Protections
- All holdings secured
- Yes
- Accounts segregated
- Yes
- Holdings bankruptcy remote
- Yes
- Collateral & security
- OpenTrade clients hold a fully perfected security interest on every account holding collateral and every asset serving as collateral for their loans, at every moment in the transaction lifecycle.
- Holder rights
- Redemption rights to principal + accrued interest are fully defined and covered in the Master Loan Agreement that clients execute as part of onboarding to the OpenTrade platform.
- Account segregation details
- All deposits made via the OpenTrade Treasury Management & Yield Product are made to a single Borrower, OpenTrade SPC, a segregated portfolio company registered in the Cayman Islands. An SPC is single legal entity that can create Segregated Portfolios ("SP") such that the assets and liabilities of each Portfolio are legally separate from the assets and liabilities of any other Portfolio and from the SPC's general assets and liabilities. This is known as the segregation principle.
- Bankruptcy protection details
- The OpenTrade SPC has been designed to be "bankruptcy remote" meaning its assets would not form part of the bankruptcy estate of any other entity involved in supporting the OpenTrade Platform. This is to ensure that loan collateral is protected and, in an extreme case, can be recovered by Lenders as secured creditors of the Borrower in a default event.
Legal Structure & Regulation
- Legal issuer
- OpenTrade SPC
- Tokenization Sponsorship
- Issuer-Sponsored
- Legal structure
- Cayman Islands Segregated Portfolio Company
- Regulatory Framework
Non-Regulated
- Inception date
- 04/25/2024
- Denomination
- EUR
Service Providers
- Fund administrator
- Five Sigma
- Crypto custodian
- Circle
- Crypto broker
- Circle
- KYC provider
- Kroll
Reporting
- Valuation frequency
- Daily
OpenTrade Fixed Term E.U. Bonds Vault (Ethereum) Metrics
Metric
Show % of Total
Token & Networks
- Platform
- Tokenization type
- Transferability
- Transferable within whitelist
- Token supply
- 5,052.67▼
- Circulating supply
- 5,052.67▼
Blockchain Networks
Holders
All networks · changes vs. 30 days ago
Holding addresses
3▼−0.25%
Active (30D)
1
View detailed token
holder breakdowns
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Holders Product Screenshot
Transactions
All networks · changes vs. 30 days ago
Transfers (30D)
0
Volume (30D)
$0.00
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