# Tokenized Treasuries by Fund and Chain

> A sortable table of tokenized treasury and money-market funds: issuer, chains, on-chain supply, holders and NAV source, read from each token contract.

Markdown copy of https://voltfincrypto.com/apps/tokenized-treasuries-table

**Question:** Which tokenized treasury funds are the largest, and on which chains do they live?

- Kind: Table in Voltfin Strata
- Topic: [Tokenized assets](https://voltfincrypto.com/topics/rwa)
- Chains: Ethereum, Base, Arbitrum, Polygon, Avalanche, Solana, Stellar
- Status: Planned. The data is not published yet, so this page states no figure; each figure will open its receipt when it is.

Tokenized treasury funds hold short-term government debt and issue a token for each share. Their supply lives on-chain, so it can be read directly from the token contracts on every chain a fund is issued on, instead of waiting for the issuer's monthly figures.

This table lists each fund once per chain, with its issuer, supply, holders and where its net asset value comes from. Sort it to find the largest funds, filter it by chain or issuer, and open any cell to see the read behind it.

## Blueprint

One row: One row per fund token per chain, on the latest complete day

- **Fund** (`fund`): The fund's token name and symbol, linked to its contract.
- **Issuer** (`issuer`): The firm that manages the fund and redeems its tokens.
- **Chain** (`chain`): The chain this row's token contract lives on.
- **Supply** (`supply`, shares): totalSupply() at the day's last block, scaled by decimals, as an exact amount.
- **30-day change** (`change_30d`): Change in supply against the same chain's row thirty days earlier.
- **Holders** (`holders`): Addresses with a non-zero balance at the same block.
- **NAV source** (`nav_source`): Where the fund's net asset value is read on-chain, or that it is published off-chain only.
- **Receipt** (`receipt`): The block, hash and read behind the row's supply.

## How it will be measured

- Supply is each fund token's totalSupply() at the last block of the day on each chain, scaled by the token's decimals and kept as an exact amount.
- A fund issued on several chains has one row per chain; native supply and bridged copies are never added together.
- Holder counts come from rebuilding balances from transfer history, checked against balanceOf at the same block.
- Net asset value is shown only where the issuer publishes it on-chain, with the oracle or contract it was read from.

## Data it needs

- `rwa_supply_daily` (to build): Supply and holders of tokenized treasuries, money-market funds, stocks, gold and credit per token and chain per day, with issuer and asset class.
- `token_holders_snapshot` (to build): Holder counts, top holders and concentration shares of registry tokens at a pinned block, with contract and exchange labels.
- Source: totalSupply() of each fund token at day-end blocks on each chain
- Source: Transfer logs of each fund token, for holder counts
- Source: Issuer NAV oracles where they are on-chain

## Questions

### What is a tokenized treasury?

A token that represents a share in a fund holding short-term government bills or repurchase agreements. Holders earn the fund's yield, and the issuer handles custody, redemptions and compliance off-chain.

### Why read supply from the contract?

The contract's totalSupply is the exact number of shares outstanding on that chain at that block. Reading it directly gives a figure anyone can re-check, instead of a number copied from a report.

### Who can hold these tokens?

Most funds restrict holding to verified investors through an allowlist in the token contract. The table shows how many addresses hold each fund, not who they are.

## Related apps

- [Tokenized Treasuries Tracker: BUIDL, BENJI, USYC, OUSG](https://voltfincrypto.com/apps/tokenized-treasuries-tracker)
- [BlackRock BUIDL Fund: Supply, Chains and Holders](https://voltfincrypto.com/apps/blackrock-buidl-fund-tracker)
- [Tokenized Treasury Fund Yields](https://voltfincrypto.com/apps/tokenized-treasury-fund-yields)
- [Tokenized RWA Market Size by Chain](https://voltfincrypto.com/apps/tokenized-rwa-market-size-by-chain)
- [Tokenized Gold Supply: XAUT vs PAXG](https://voltfincrypto.com/apps/tokenized-gold-xaut-paxg)
- [Tokenized Stocks Market Cap by Issuer and Chain](https://voltfincrypto.com/apps/tokenized-stocks-market-cap)

Build it in Voltfin Studio: https://app.voltfincrypto.com/signup?next=%2F