Overview
VanEck Treasury Fund(VBILL)
Token Price$1
24h Change0%
All Time HighMay 29, 2025$1
All Time LowMay 29, 2025$1
Key Metrics
Market Cap$55.47m
Fully Diluted Valuation$55.48m
Circ. Supply55.47m VBILL
Volume 24h$0
CEX Volume$0
DEX Volume$0
Risks
How much debt can be issued against VBILL as collateral across lending protocols.
Maximum possible exposure to VBILL
$7.88m
$7.88m (max additional borrows against VBILL)
Aave V3
$7.88m at-risk exposure = -- bad debt if hacked + $7.88m additional borrowable against VBILL
Methodology and limitations
Showing collateral exposure for VBILL on Ethereum. Max Borrowable uses 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 VBILL as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol | Chain | |||
|---|---|---|---|---|
VBILL0x2255718832bc9fd3be1caf75084f4803da14ff01 | $7.88m | — |
Token Usage
An is required to view token usage.
Yields
Tracking 5 pools, average APY 3.53%

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVBILL | 🪂 | $21.39m | 3.53% | 3.53% | 3.49% | ||||
| open in new tabVBILL | 🪂 | $19.53m | 3.53% | 3.53% | 3.49% | ||||
| open in new tabVBILL | 🪂 | $13.85m | 3.53% | 3.53% | 3.49% | ||||
| open in new tabVBILLAave Horizon Market | $6.25m | 0% | 0% | 0% | |||||
| open in new tabVBILL | 🪂 | $701,588 | 3.53% | 3.53% | 3.49% |
Borrow
Showing 10 of 25 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVBILL ➞ WBTC | $1.813b | -0.31% | 0% | -0.35% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ CBBTC | $969.13m | -0.26% | 0% | -0.29% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ WETH | $593.26m | -1.88% | 0% | -2.13% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ USDE | $174.1m | -2.31% | 0% | -2.62% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ TBTC | $115.42m | -0.24% | 0% | -0.27% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ LINK | $63.38m | -0.61% | 0% | -0.69% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ GHO | $27.15m | -2.39% | 0% | -2.71% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ WETH | $4.36m | -1.74% | 0% | -1.98% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ LUSD | $1.34m | -1.85% | 0% | -2.10% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ CRVUSD | $132,152 | -2.25% | 0% | -2.55% | 88% | $6.25m | $0 |
