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$191.83m
Fully Diluted Valuation$191.83m
Circ. Supply191.83m 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
$7.76m
$7.76m (max additional borrows against VBILL)
Aave V3
$7.76m at-risk exposure = -- bad debt if hacked + $7.76m additional borrowable against VBILL
Methodology and limitations
Showing collateral exposure for VBILL on Ethereum. 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 VBILL as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol | Chain | |||
|---|---|---|---|---|
VBILL0x2255718832bc9fd3be1caf75084f4803da14ff01 | $7.76m | — |
Token Usage
An is required to view token usage.
Yields
Tracking 5 pools, average APY 3.51%

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVBILL | $135.79m | 3.53% | 3.53% | 3.51% | |||||
| open in new tabVBILL | $21.43m | 3.53% | 3.53% | 3.51% | |||||
| open in new tabVBILL | $20.72m | 3.45% | 3.45% | 3.50% | |||||
| open in new tabVBILL | $13.88m | 3.53% | 3.53% | 3.51% | |||||
| open in new tabVBILLAave Horizon Market | $6.25m | 0% | 0% | 0% |
Borrow
Showing 10 of 25 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVBILL ➞ WBTC | $2.028b | -0.32% | 0% | -0.36% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ CBBTC | $1.26b | -0.25% | 0% | -0.28% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ WETH | $892.88m | -1.78% | 0% | -2.02% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ USDE | $351.26m | -2.07% | 0% | -2.35% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ TBTC | $129.42m | -0.24% | 0% | -0.27% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ LINK | $73.11m | -0.67% | 0% | -0.76% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ GHO | $28.45m | -2.37% | 0% | -2.70% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ WETH | $5.04m | -1.75% | 0% | -1.99% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ LUSD | $1.34m | -1.82% | 0% | -2.07% | 88% | $6.25m | $0 | ||
| open in new tabVBILL ➞ CRVUSD | $132,294 | -2.25% | 0% | -2.56% | 88% | $6.25m | $0 |
