BlackRock BUIDL

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

BlackRock BUIDL's governance or utility token carries a market capitalisation of $2B based on circulating supply at the latest DeFiLlama snapshot. Token market cap ($2B) and TVL ($2.5B) trade close together, giving a mcap/TVL multiple of 0.79× — broadly the range market participants treat as "fair" for an established DeFi protocol.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

BlackRock BUIDL is published as a versioned release inside the Securitize protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

BlackRock BUIDL is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Jul 6, 2024
   Listed on DeFiLlama

BlackRock BUIDL operates in the RWA category of DeFi. It is deployed across 8 chains, including Ethereum, Aptos, Solana, Binance and 4 other chains. No public audit reports are listed on DeFiLlama for this protocol.

BlackRock BUIDL runs a multi-chain deployment, with smart contracts live on 8 networks. TVL is comparatively balanced across networks: even the largest deployment (Ethereum) holds only 31% of the protocol's value. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk. Token market cap ($2B) and TVL ($2.5B) trade at a ratio of 0.79, in the range generally considered normal for an established DeFi protocol.

Verified external resources for BlackRock BUIDL — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

BlackRock BUIDL is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, Paxos Gold, Circle USYC, and 3 more. These peer protocols collectively secure $13B in deposits, giving you a frame of reference for whether BlackRock BUIDL's own TVL is at the top, middle, or tail of the category.

Tether Gold

TVL $3.6B · 24h -0.43%

Paxos Gold

TVL $2.5B · 24h -0.60%

Circle USYC

TVL $2.4B · 24h +4.42%

Ondo Yield Assets

TVL $2B · 24h -0.67%

Centrifuge Protocol

TVL $1.3B · 24h +4.07%

Spiko

TVL $1.2B · 24h +0.42%