Circle USYC
Tokenized shares of Hashnote International Short Duration Yield Fund, a Cayman fund that earns roughly the overnight Fed funds rate through reverse repo on US government securities and T-bills. Issued by Circle International Bermuda since Circle bought Hashnote in January 2025. About 98% of supply is on BNB Chain.
U.S. TreasuriesNon-US persons onlyTransfer-restrictedOnchain dataIssued by Hashnote Management LLC · Platform Hashnote (Circle)
Value
$2.37B
Stage
Stage 0
DisclosedSingle-key powers
37
Single key holds critical powerOracle age
19h 45m
On scheduleUsed as DeFi collateral
$115.89· 2 markets
Lending markets
Where USYC is accepted as collateral, and how each market prices it.
| Market | LLTV | Oracle | Collateral | Borrowed | Util. |
|---|---|---|---|---|---|
| Morpho · USYC / PYUSD Ethereum · borrow PYUSD | 98% | $1.71 | $1.53 | 93.9% | |
| Aave · Aave Horizon · USYC Ethereum · borrow pool | 90% | $114.18 | $0 | 0% |
Source: Morpho API, Aave pools onchain · snapshot 29 Oct 2026, 08:36 UTC
Collateral by protocol
- Morpho$1.711%
- Aave$114.1899%
Totals
- Collateral
- $115.89
- Borrowed against it
- $1.53
- Markets
- 2
- Share of supply
- 0%