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$63.62m
Fully Diluted Valuation$63.62m
Circ. Supply63.62m 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
$7.7m
$7.7m (max additional borrows against VBILL)
Aave V3
$7.7m at-risk exposure = -- bad debt if hacked + $7.7m 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 | $7.7m | — |
Token Usage
An is required to view token usage.
Yields
Tracking 5 pools, average APY 3.49%

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVBILL | 🪂 | $27.65m | 3.49% | 3.49% | 3.47% | ||||
| open in new tabVBILL | 🪂 | $21.35m | 3.49% | 3.49% | 3.47% | ||||
| open in new tabVBILL | 🪂 | $13.93m | 3.49% | 3.49% | 3.47% | ||||
| open in new tabVBILLAave Horizon Market | $6.25m | 0% | 0% | 0% | |||||
| open in new tabVBILL | 🪂 | $700,137 | 3.49% | 3.49% | 3.47% |
Borrow
Showing 10 of 25 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVBILL ➞ WBTC | $1.963b | -0.31% | 0% | -0.36% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ CBBTC | $1.086b | -0.26% | 0% | -0.29% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ WETH | $674.36m | -1.86% | 0% | -2.12% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ USDE | $136.73m | -2.36% | 0% | -2.69% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ TBTC | $124.79m | -0.24% | 0% | -0.28% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ LINK | $76.27m | -0.76% | 0% | -0.86% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ GHO | $38.18m | -2.29% | 0% | -2.60% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ WETH | $4.9m | -1.75% | 0% | -1.99% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ LUSD | $1.33m | -1.85% | 0% | -2.10% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ CRVUSD | $133,427 | -2.25% | 0% | -2.56% | 88% | $6.25m | $0 |
