Superstate USTB
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Protocol TVL
Fees & Revenue
Chain Fees Distribution
Revenue Breakdown
About Superstate USTB
The Superstate Short Duration U.S. Government Securities Fund (USTB) is a private fund tokenized on the Ethereum blockchain (ERC-20), offered exclusively to Qualified Purchasers. USTB invests in short-duration U.S.
Treasury Bills and U.S. Government Agency securities (“Government Securities”) and provides yield targeting returns in line with the federal funds rate.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Superstate USTB's TVL is measured
DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.
TVL corresponds to the total amount of USTB minted onchain, does not include Superstate book-entry AUM
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
Superstate USTB codebase lineage and protocol family
Superstate USTB is published as a versioned release inside the Superstate 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.
Parent Protocol
Superstate USTB is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
SuperstateSuperstate USTB Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Mar 8, 2024Listed on DeFiLlama
Protocol Profile
Superstate USTB operates in the RWA category of DeFi. It is deployed across 3 chains, including Ethereum, Plume Mainnet, Solana. No public audit reports are listed on DeFiLlama for this protocol.
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Superstate USTB operates on 3 networks (Ethereum, Plume Mainnet, Solana), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Plume Mainnet, Solana), so a fault on any one of them would affect a large slice of users. 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.
Official Resources & Links
Verified external resources for Superstate USTB — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other RWA protocols on Mantapex
Superstate USTB is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure $14.3B in deposits, giving you a frame of reference for whether Superstate USTB's own TVL is at the top, middle, or tail of the category.
Recent Superstate USTB news
Latest reporting from major crypto news outlets covering Superstate USTB.
- Crypto news
Omni Network integrates Superstate's USTB to optimize treasury strategy
Omni Network has integrated Superstate's tokenized U.S. Treasuries fund, adding it to its balance sheet as part of efforts to optimize treasury management. The interoperability…
- Coindesk
Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins
Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert…
- Crypto Economy
Sonic Debuts USSD, a Network-Integrated USD Stablecoin Built on Frax's frxUSD Framework
TL;DR USSD launched on Sonic as a network-integrated, permissionless USD stablecoin built on Frax's GENIUS-compatible frxUSD infrastructure and designed to anchor liquidity. The…
- Coingape
Ethereum-based USTB Marks Superstate's Leap in Tokenized Fund
Superstate, an asset management firm, has introduced its first in a set of funds, the Superstate Short Duration U.S. Government Securities Fund (USTB). As a consequence, this…
- BeInCrypto
Superstate Integrates Chainlink to Enhance USTB Fund's On-Chain NAV Data Accuracy
On August 12, Superstate announced the integration of Chainlink's decentralized computing platform into its Short Duration US Government Securities Fund (USTB).
- Coindesk
Superstate Expands Into Tokenized Equities; SOL Strategies to Be First Listing
Superstate, the tokenized asset management firm behind the $650 million USTB token, is moving into stock tokenization with a new blockchain-based marketplace for public equities,…
- Bitcoin
Superstate Launches Onchain Direct Issuance Programs for Tokenized Shares on Solana and Ethereum
Financial technology firm enables SEC-registered companies to raise capital on Ethereum and Solana using stablecoins, streamlining public market infrastructure. Superstate…
- Crypto Economy
Superstate Launches SEC‑Approved Tokenized Share Issuance on Solana and Ethereum
TL;DR: Superstate introduces an innovative pathway that brings public equity issuance onto blockchain networks under a regulated structure. The firm now allows SEC-registered…
Related protocols
Other DeFi protocols connected to Superstate USTB by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other RWA protocols
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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