BUIDL Surges Past 370% Return in US Treasury Debt RWA Rankings
The BUIDL fund is currently leading US Treasury debt RWA returns on RWA.xyz's dashboard data, according to recent figures. Its 30-day return stands at an impressive 371.98%, while its 1M return also reached a significant milestone of 371.98%. The fund reports a 374.69% return over three months and 377.64% year-to-date and since inception. BUIDL's assets under management (AUM) currently sit at $2.2 billion, with the dashboard showing a 20% decline.
The rise in returns isn't the only notable metric for BUIDL. The fund's active addresses and holders are also on the increase, adding another layer to its on-chain footprint. This trend is observed across multiple blockchain networks, including Tempo, Arbitrum, BNB Chain, Optimism, Avalanche C-Chain, Solana, Aptos, Polygon, and Ethereum.
BUIDL has a minimum investment requirement of $5 million and is only available to U.S. Qualified Purchasers. The fund distributes income daily, while subscriptions and redemptions are also processed daily. BUIDL's structure is that of a British Virgin Islands Limited Company, with Securitize serving as its platform and transfer agent.