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thBILL logo

Theo Short Duration US Treasury Fund (thBILL)

Theo · Treasuries · Ethereum
Price
$1.0406
-0.01% 24h
Market cap
$31.15M
Supply
29,932,239.01
Holder addresses
281
Top 10 share
99.9%
Transfer volume (30d)
$6.82M

Theo Short Duration US Treasury Fund (thBILL) is a tokenized basket of institutional-grade U.S. Treasury bills sourced from regulated issuers and optimized for consistent performance. On Ethereum it has a supply of 29,932,239.01 tokens held by 281 addresses, for a market cap of $31.15M at block 26,237,861.

Price

Price sources

SourceValueTypeEstimatedLinkAs of
thBILL vault rate (ERC-4626)$1.0401On-chain readNoetherscan.io
RWA.xyz$1.0163Third partyNoapp.rwa.xyz

Backing

Report date: 2026-10-16

Token supply vs reported

ComparisonToken supplyReportedGapRatio
Ethereum supply vs Ethereum supply reported by RWA.xyz29,932,239.01229,932,237.545+1.4671.0000
Ethereum market cap vs total asset value reported by RWA.xyz (all chains)$31.15M$32.46M−$1.31M0.9596

Token supply

Ethereum, block 26,237,861thBILL
Tokens outstanding29,932,239.01
Market cap (Ethereum)$31.15M

Reported assets

RWA.xyzReported
Total asset value (all chains)$32.46M
Tokens outstanding (all chains)31,215,119.44 thBILL
Ethereum supply29,932,237.55 thBILL
NAV per token$1.0398
Networks2

Key facts

IssuerTheo
CategoryTreasuries
ChainsEthereum
Deployed2025-07-22
Transfers (30d)58
Transfer volume (30d)$6.82M
Data block26,237,861

Supply / market cap

Contract control

As of 2026-10-20·All Theo contract keys
HolderRolesTypeKey useLast rotated
Ethereum
0x2bb4…ca02Upgrade admin, AdminTimelock 48hDedicated
2026-05-14 (159 days ago)
Rotations in past 24 months: 2 · Within 12 months: Yes
0x9487…1295Timelock proposerMultisig 4/6Dedicated
Signers last changed: 2026-05-08

Role history

RoleKeyTypeAddedDays heldGranted byOther assets
Ethereum
Admin0x2bb4…ca02Timelock2026-05-121610x9487…1295—
Multisig signer0x9487…12950x97f6…8a82Single key2026-05-081650x9487…1295—
Multisig signer0x9487…12950x12eb…9396Single key2026-03-312030x9487…1295—
Multisig signer0x9487…12950x895f…b470Single key2025-07-224550x4e1d…ec67—
Multisig signer0x9487…12950x7afb…d94aSingle key2025-07-224550x4e1d…ec67—
Multisig signer0x9487…12950x5c1e…150bSingle key2025-07-224550x4e1d…ec67—
Multisig signer0x9487…12950xb7cc…2179Single key2025-07-224550x4e1d…ec67—
Signing threshold0x9487…1295Threshold: 4—2026-05-08165——
Timelock proposer0x2bb4…ca020x9487…1295Multisig2026-05-071660x89f3…0071—
Timelock executor0x2bb4…ca020x9487…1295Multisig2026-05-071660x89f3…0071—
Past holders (3)
RoleKeyTypeAddedRemovedDays heldGranted byOther assets
Ethereum
Admin0x64de…f49cSingle key2025-07-222025-07-2310x64de…f49c—
Admin0x9487…1295Multisig2025-07-222026-05-142960x64de…f49c—
Signing threshold0x9487…1295Threshold: 3—2025-07-222026-05-082900x4e1d…ec67—

Change log

Time (UTC)NetworkEventDetailsTransaction
2026-05-14 15:10:59EthereumRole revokedDEFAULT_ADMIN_ROLE·0x9487…12950xe39d…c1de
2026-05-14 14:57:59EthereumTimelock delay changed18h → 48h0x3d09…d09c
2026-05-14 14:57:59EthereumRole grantedCANCELLER_ROLE·0x7afb…d94a0x3d09…d09c
2026-05-14 14:57:59EthereumRole revokedDEFAULT_ADMIN_ROLE·0x9487…12950x3d09…d09c
2026-05-12 19:05:47EthereumRole grantedDEFAULT_ADMIN_ROLE·0x2bb4…ca020xaee8…ff35
2026-05-08 16:49:35EthereumThreshold changedThreshold: 40xf84f…a794
2026-05-08 16:49:35EthereumSigner added0x97f6…8a820xf84f…a794
2026-05-07 22:37:47EthereumTimelock delay changed0h → 18h0xddc8…4928
2026-05-07 22:37:47EthereumRole grantedEXECUTOR_ROLE·0x9487…12950xddc8…4928
2026-05-07 22:37:47EthereumRole grantedCANCELLER_ROLE·0x9487…12950xddc8…4928
Show 10 earlier events
Time (UTC)NetworkEventDetailsTransaction
2026-05-07 22:37:47EthereumRole grantedPROPOSER_ROLE·0x9487…12950xddc8…4928
2026-05-07 22:37:47EthereumRole grantedDEFAULT_ADMIN_ROLE·0x9487…12950xddc8…4928
2026-05-07 22:37:47EthereumRole grantedDEFAULT_ADMIN_ROLE·0x2bb4…ca020xddc8…4928
2026-03-31 18:19:23EthereumSigner added0x12eb…93960x0b8b…8930
2025-07-23 15:53:59EthereumRole granted0xbf23…4b26·0x7afb…d94a0x9219…8e0f
2025-07-23 15:53:59EthereumRole revokedDEFAULT_ADMIN_ROLE·0x64de…f49c0x9219…8e0f
2025-07-22 20:05:35EthereumRole grantedDEFAULT_ADMIN_ROLE·0x9487…12950x337f…c46e
2025-07-22 20:05:35EthereumRole grantedDEFAULT_ADMIN_ROLE·0x64de…f49c0x403d…189f
2025-07-22 20:05:35EthereumImplementation upgraded0x3254…a5190x403d…189f
2025-07-22 18:21:47EthereumMultisig set upSigners: 4 · threshold: 30x7f39…08cc

Leadership

Contracts

AddressAsset
0x5fa487bca6158c64046b2813623e20755091da0b0x5fa4…da0bTheo Short Duration US Treasury Fund thBILLEtherscan

Top 10 holders

#AddressBalance
10xec417ccb6dd26868cca993a92f37217b1d4b3c2f0xec41…3c2f28,229,997.05
20xfdd22ce6d1f66bc0ec89b20bf16ccb6670f55a5a0xfdd2…5a5a1,645,778.54
30x790b3739f777c40136ed9b89d94b83747fdb0d770x790b…0d7721,868.00
40x224c5b57e2aba4f095734d74472e1ea23d24be6c0x224c…be6c3,149.46
50x912238f61c46588b1634b6d85a2b8bf2b26152440x9122…52442,475.91
60xbe776a70fe8192dac164e58c47b136ed1b791f130xbe77…1f132,425.12
70x1c8d29f13966119219eb9ed4601e5e7215b2444c0x1c8d…444c2,265.30
80x240eb7c05e69bc5c6e3c72f11ecdd00659e6597b0x240e…597b2,204.88
90xfbf10652318528f661c0484a3a5da57537de253e0xfbf1…253e2,126.29
100x030397376176510a191114ea238a9750df9048870x0303…48871,965.25

Frequently asked questions

What is thBILL?

thBILL is a basket of institutional-grade tokenized U.S. Treasury bills sourced from regulated issuers. It functions as a foundational, yield-bearing component within the Theo ecosystem.

Who issues thBILL?

The issuer of thBILL is Theo.

How is the thBILL price on this page determined?

The price is derived from the thBILL ERC-4626 convertToAssets(1 share) function.