Overview
Theo Short Duration US Treasury Fund(THBILL)
Token Price$1.02
24h Change+0.011%
All Time HighOct 10, 2025$1.11
All Time LowOct 10, 2025$0.91
Key Metrics
Market Cap$117.97m
Fully Diluted Valuation$117.97m
Circ. Supply115.84m THBILL
Volume 24h$61,294
CEX Volume$0
DEX Volume$90,848
Risks
How much debt can be issued against THBILL as collateral across lending protocols.
Maximum possible exposure to THBILL
$292,825
$183,966 (max additional borrows against THBILL) + $108,859 (bad debt if THBILL was hacked now)
Morpho V1
$285,934 at-risk exposure = $108,859 bad debt if hacked + $177,075 additional borrowable against THBILL
Euler V2
$6,891 at-risk exposure = -- bad debt if hacked + $6,891 additional borrowable against THBILL
Methodology and limitations
Showing collateral exposure for THBILL on onchain. Max Borrowableuses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for THBILL as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol | Chain | |||
|---|---|---|---|---|
thBILL0xfdd22ce6d1f66bc0ec89b20bf16ccb6670f55a5a | $139,012 | $48,126 | ||
thBILL0xfdd22ce6d1f66bc0ec89b20bf16ccb6670f55a5a | $30,217 | $36,394 | ||
thBILL0xfdd22ce6d1f66bc0ec89b20bf16ccb6670f55a5a | $7,846 | $24,339 | ||
thBILL0xfdd22ce6d1f66bc0ec89b20bf16ccb6670f55a5a | $6,891 | — | ||
thBILL0x5fa487bca6158c64046b2813623e20755091da0b | $0.11 | $1.03 |
Markets
Token Usage
An is required to view token usage.
Yields
Showing 10 of 12 pools

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabTHBILL | 🪂 | $97.84m | 3.66% | 3.66% | 3.46% | ||||
| open in new tabTHUSD-THBILL-STABLEthUSD Genesis Vault - thBILL Stable | 🪂 | $66.53m | 0% | 0% | 0% | ||||
| open in new tabTHUSD-THBILL-ARBthUSD Genesis Vault - thBILL Arbitrum | 🪂 | $4.25m | 0% | 0% | 0% | ||||
| open in new tabTHBILL | 🪂 | $1.52m | 3.66% | 3.66% | 3.46% | ||||
| open in new tabTHBILL | 🪂 | $1.12m | 0% | 0% | 0% | ||||
| open in new tabTHBILL | 🪂 | $1.08m | 3.66% | 3.66% | 3.46% | ||||
| open in new tabUSD₮0-THBILL0.01% | 🪂 | $231,086 | 0.10% | 0.10% | 0.52% | ||||
| open in new tabUSDC-THBILL0.01% | $193,473 | 0.22% | 0.22% | 2.49% | |||||
| open in new tabTHBILLEVK Vault ethBILL-2 | $54,008 | 0% | 0% | 0.59% | |||||
| open in new tabTHBILL | $53,114 | 0% | 0% |
Borrow
Tracking 3 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabTHBILL ➞ WHYPE | 🪂 | $2.06m | -0.49% | 0% | -1.22% | 40% | $1.12m | $3,632 | |
| open in new tabTHBILL ➞ USD₮0 | 🪂 | $237,041 | -3.11% | 0% | -7.79% | 40% | $1.12m | $3,632 | |
| open in new tabTHBILL ➞ USDC | 🪂 | $62,412 | -1.34% | 0% | -3.35% | 40% | $1.12m | $3,632 |
