The TBILL vault gives investors exposure to a pool of short-dated US Treasury bills through the TBILL token.
The token issuer is a registered professional fund under the BVI Securities and Investment Business Act 2010, regulated by the BVI Financial Services Commission.
“The Token Issuer is a registered professional fund established under the British Virgin Islands Securities and Investment Business Act 2010 and regulated by the British Virgin Islands Financial Services Commission.”✓ Quote found word for word in the latest snapshotHolders have legal rights to the redemption value of the fund's net assets, pro rata to their TBILL.
“By depositing USDC and minting TBILL tokens, the Investor will have legal rights to the redemption value of the net assets held by the Fund, proportional to the amount of TBILL tokens the Investor holds relative to the total outstanding supply of TBILL tokens.”✓ Quote found word for word in the latest snapshotThe Token Issuer will not be liable for the loss of TBILL tokens held in the Investor’s self-custody.
“The Token Issuer will not be liable for the loss of TBILL tokens held in the Investor’s self-custody.”✓ Quote found word for word in the latest snapshotOnly whitelisted wallets that completed KYC/KYB can mint and redeem TBILL through the vault.
“At present, the TBILL token can only be minted and redeemed via the TBILL Vault by whitelisted wallets that have been fully onboarded after completing the KYC/KYB process.”✓ Quote found word for word in the latest snapshotA transaction fee, paid in USDC, applies to every subscription and redemption.
“The transaction fee will be imposed on a user during a subscription or redemption process (paid in USDC).”✓ Quote found word for word in the latest snapshotRedemptions are typically processed the next US business day.
“Redemptions are typically processed on the next 1 U.S. business day.”✓ Quote found word for word in the latest snapshotA price guard can halt the vault if the price deviates beyond a set threshold.
“The purpose of Price Guard is to protect the TBILL Vault or any other system from price manipulation or extreme price fluctuations by halting the TBILL Vault.”✓ Quote found word for word in the latest snapshotTBILL is backed 1:1 by short-dated US Treasury bills and a small portion of US dollars.
“The TBILL token is backed 1:1 by short-dated US T-Bills and a small portion of US Dollar”✓ Quote found word for word in the latest snapshotThe T-bills are managed by BNY Investment Management and held in custody by BNY.
“The underlying US T-Bills are managed by BNY Investment Management and custodied by BNY.”✓ Quote found word for word in the latest snapshotA third-party fund administrator provides daily and monthly NAV reports on the fund's net assets.
“A third-party fund administrator will provide daily and monthly NAV reports on the net assets held by the Fund.”✓ Quote found word for word in the latest snapshotTBILL can currently be transferred only between whitelisted wallets.
“TBILL tokens are currently only transferable between whitelisted wallets.”✓ Quote found word for word in the latest snapshot| Tokens in circulation | 18,061,981.38 TBILL |
| Contract code can be replaced (proxy) | Yes |
| Proxy pattern | eip1967 |
| Owner | 0x8ec4dd2df01c188ac5a5d870029e9cbb820d5844 |
| Owner is | a smart contract (e.g. multisig or timelock) |
| Source | Last checked | Status | Versions | Last changed | SHA-256 |
|---|---|---|---|---|---|
| Product documentation | 24 Oct 2026, 13:53 UTC | Archived | 1 | — | d9d2c11e…849521 ⏱ |
| Product documentation | 24 Oct 2026, 13:53 UTC | Archived | 1 | — | 471b231e…56d0e6 ⏱ |
| Product documentation | 24 Oct 2026, 13:53 UTC | Archived | 1 | — | 855518a8…363a05 ⏱ |
| Product documentation | 24 Oct 2026, 13:54 UTC | Archived | 1 | — | 4aff6d63…6641ab ⏱ |
| Product documentation | 24 Oct 2026, 13:54 UTC | Archived | 1 | — | 14b48273…550a70 ⏱ |
| Product documentation | 24 Oct 2026, 13:54 UTC | Archived | 1 | — | 91246c3d…250031 ⏱ |
| Product documentation | 24 Oct 2026, 13:54 UTC | Archived | 1 | — | d91399c2…b5314c ⏱ |
| Contract addresses | 24 Oct 2026, 13:54 UTC | Archived | 1 | — | e0ac3259…8293d1 ⏱ |
These questions have no answer in the documents we archive. That is a gap, not a verdict.
Governing law and disputesUpgrading the contractIssuing new tokensChanging the terms