APY
0.00%
Days in Operation
0 days
What is USYT?
USYT is backed by the on-chain representation of the Hashnote International Short Duration Yield Fund Ltd (SDYF), which invests in reverse repo and U.S. Government backed securities. Investment in overnight repo minimizes market, duration, and credit risk, similar to a U.S. Treasury Money Market fund, but with the speed, transparency, and composability of an ERC-20 token.
Token Standard
Available Network
Subscription Currency
Subscription Fee
Redemption Fee
Performance Fee
Investment Minimum
ERC-20
Ethereum
USDC, PYUSD
None for PYUSD and USDC
0.10% for USDT
None for PYUSD
0.10% for USDC
One bussiness day's interest
10% of Yield
$100
* Terms and fees are subject to change. To subscribe, investor must qualify as an "accredited investor" and may allocate part or all of their investment to USYT. NAV cannot invest directly in USYT.
Why USYT
Being invested in overnight repo means minimized market risk, duration risk, and credit risk - as good as being in a U.S. Treasury Money Market fund, but with the transaction speed, transparency, and composability of being an ERC-20.
USYT lets you earn short-term risk free returns. Assets are deployed in reverse repo, with some allocated to T-Bills, to ensure maximum liquidity and minimum duration risk.
Service Providers and Regulatory Compliance
- Custody: Bank of New York Mellon
- Prime Broker:Merex
- Bank:Customers Bank
- Auditor:Cohen and Co
- Fund Admin:NAV Consulting
- KYC / AML: NAV Consulting, LMO Consulting
- Hashnote's offshore funds are licensed as mutual funds by the Cayman Islands Monetary Authority (CIMA), and its U.S. fund manager is registered as a CPO with the Commodity Futures Trading Commission (CFTC)
Smart Contract Addresses
- RWAVault: 0xdc9C2e95811b183752A1c5893182904d4fa7E781
- USYT:0x0e0cD306EC48CC61CA582a80c63806058920961C
Fund Management
The real-world assets are managed by Hashnote, an on-chain institutional asset manager backed by DRW partners. Hashnote's Fixed Income Team has a strong track record in delivering consistent, risk-adjusted returns and managing liquidity.
About Hashnote →
Service Providers & Regulatory Compliance
The fund's cash and securities are custodied at Bank of New York Mellon and managed by experienced portfolio and liquidity managers. Hashnote's offshore funds are licensed as mutual funds by Cayman Islands Monetary Authority (CIMA), and its U.S. fund manager is registered as a CPO with the Commodity Futures Trading Commission (CFTC).