Onchain Marketcap$43.92m
Onchain Marketcap by chain
Pharos$43.92m
Key Metrics
Active Marketcap$43.92m
Pharos$43.92m
$0
APC3M Price$1
Chains1
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerRiftWriter Company Limited (BVI) and RazeStaker Company Limited (BVI)
Registry InformationAPC3M is issued through R25 Protocol infrastructure with contracting parties RiftWriter Company Limited and RazeStaker Company Limited (both British Virgin Islands business companies per i-BVI registry). Risk curation is provided by Axil, whose team is publicly described as alumni of BlackRock, HSBC and HashKey. The vault operates as a permissioned ERC-4626 style share token where USDC deposits are deployed into emerging-market consumer loan portfolios across Mexico, Thailand, Philippines, Indonesia, and Pakistan through a regulated private credit fund with ticket sizes of approximately 60 to 250 US dollars and 2 to 4 month maturities. Multi-layer protection is described in marketing as overcollateralization, pledged bank accounts, and junior capital buffers. Proof of reserves is attested by APEX and smart contracts are audited by SlowMist.
Sourcehttps://www.r25.xyz/https://r25-public.oss-cn-hongkong.aliyuncs.com/docs/1.%20Portal%20Terms%20of%20Use.pdf
Oracle
Provider:R25 CoreVault Accountant pricePerShare (pharos:0x16b5Eb164f83ABf37871A8756dDc81fb22f7397F, 18 decimals)APEX Proof of ReservesSlowMist smart contract auditView proof
Attestations
Date of Last Attestation:Continuous (APEX Proof of Reserves)
Attestation Frequency:Continuous
Reports:
Notes
- APC3M is the 3 month USDC vault share token issued through R25 Protocol on Pharos Mainnet and curated by Axil as risk manager. The vault targets approximately 14.3 percent gross annualized yield (approximately 11.3 percent credit return plus 3 percent PROS ecosystem incentives) and is capped at approximately 100 million dollars. Underlying exposure is a diversified pool of short duration emerging market consumer loans across Mexico, Thailand, Philippines, Indonesia, and Pakistan sourced through a regulated private credit fund. Multi-layer protection is described as overcollateralization, pledged bank accounts, and junior capital buffers. Pricing is derived from the internal CoreVault Accountant pricePerShare, and reserves are attested by APEX with smart contract audits by SlowMist.
Chains
Pharos
Primary0xEC47...44d0