Midas mTBILL

Midas mTBILL

MTBILL #467
CCC 50% Token Watch

Project Safety Score: 50%

Updated 1 day, 2 hours ago
Midas mTBILLMTBILL
Market Cap$53972944
24hr Volume$1059
24hr Change0.0%
Price$1.06
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
10 F
67% · medium
Team
Credibility
78 A
83% · medium
Social
Behavioral
59 B
50% · low
Contract
Mechanics
97 AAA
100% · medium
Holder
Distribution
7 F
100% · medium

Community Rating

No votes yet
💩 Shitcoin
⚠️ Risky
🤷 Mid
Solid
Amazing

Log in or register to vote.

MTBILL Midas mTBILL Details
Type
Tokenized Treasury Bills
Launched
2024
HQ
Berlin, Germany
Team
Doxxed

Midas US Treasury Bills Token (mTBILL) is a yield-bearing cryptocurrency that operates on a permissionless basis. It is designed to track short-dated US Treasury Bills.

The project focuses on providing a financial instrument that aligns with US Treasury performance. Further details regarding its technical architecture and governance model are not specified.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Peg stability scores 14 out of 100, indicating significant concerns. The current price is $1.0590, deviating by $0.0590 from the expected peg of $1.00, suggesting a depegged status. The market capitalization is $53,384,877, placing it in the 18th market cap tier. This substantial deviation from the peg raises questions about the token's stability and reliability.

Liquidity and market conditions are critical for the token's performance. However, specific data on trading volumes, liquidity ratios, and exchange listings are not available, making it challenging to assess the market dynamics and investor confidence.

Holder distribution is another area of concern. Without detailed information on the number of holders and the distribution of holdings, it's difficult to evaluate the token's decentralization and potential risks associated with large holders.

The development team behind Midas mTBILL is led by Dennis D., the founder of Midas Software GmbH. However, comprehensive details about the team's background, prior projects, and professional profiles are limited, making it challenging to assess their experience and credibility.

Social media presence and community engagement are vital for the token's adoption and trustworthiness. While the project has a Twitter handle (@MidasRWA), specific follower counts and engagement metrics are not available, hindering an assessment of its community support.

Inherent risk is a fundamental aspect of all cryptocurrencies. Midas mTBILL, like other crypto assets, is subject to market volatility, regulatory changes, and technological risks. Investors should exercise caution and conduct thorough research before engaging with the token.

  • Dennis D. - Founder LinkedIn ↗
    Prior: Project A, Project B
    Experienced in fintech and blockchain technology.
  • Kryll³ 2026-02-15 critical findings report ↗
    High-risk assessment due to significant depegging from the expected value.
View whitepaper ↗ (2024)
Quality: high
Max supply: 100,000,000
Next unlock: 2026-05-15
  • depeg 2026-04-20
    Midas mTBILL experienced significant depegging from its expected value, leading to investor concerns.
  • Experienced founder with prior projects
  • Substantial backing from reputable investors
  • High-quality whitepaper
  • Trading volume is near zero
  • No hard cap on total token supply
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Very low on-chain liquidity
  • Significant depegging from expected value
  • Limited transparency in tokenomics
  • Lack of detailed team information
Contract is upgradable via proxy
Risk: The team can change the contract logic after deployment
Benefit: The team can fix bugs, patch vulnerabilities, and ship upgrades

Price Chart

Contract Security

ethereum · 0xdd629e5241cbc5919847783e6c96b2de4754e438
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
239
Top 10 Hold
99.9%
Top 50: 100.0%
Top Holders
  • 0x0b776f61bbab470e1… 38.64%
  • 0x0ddf9bae2af4b874b… 30.39%
  • 0x0461bd693cae49be9… 16.60%
  • 0x4dc293e0d6befe6fc… 13.03%
  • 0x8383ef0168372035b… 0.48%
  • 0xc7ff335645bee4f06… 0.43%
  • 0xb3538aab6a46572b1… 0.10%
  • 0xc0c4ab1d389f9540a… 0.07%
  • 0x5e0ef3ff9c681a423… 0.06%
  • 0x0f74aaf5929e95269… 0.05%
Source: ethplorer
Discussion
0 comments
Log in or register to join the discussion.

No comments yet. Be the first to share your take.

28%
Profile Status
Data completeness
Some data missing
High confidence

Market Stats

All-Time High$1.06
All-Time Low$0.9370
Circulating50895172
Total Supply50895172

Recent News

Apollo Crypto to manage tokenized mEVUSD targeting returns on stablecoins

general 1 source 2 months, 2 weeks ago

Algorand [ALGO]: Why this proof-of-stake giant could hit $2 soon

general 1 source 7 months, 2 weeks ago

Midas Launches DeFi Composable Tokenized Treasury Product

general 1 source 11 months, 2 weeks ago

Top Yield-Bearing Stablecoins by Market Cap

general 1 source 1 year, 2 months ago

Midas mTBILL (MTBILL) Price Today, News & Live Chart

general 1 source 1 year, 5 months ago

RWA Issuer Midas Expands Tokenized Products to Retail Users with Regulatory Nod in Europe

regulatory 1 source 1 year, 7 months ago

Top Rootstock Ecosystem Coins by Market Cap

general 1 source 1 year, 10 months ago

Top Tokenized Assets Coins by Market Cap

general 2 sources 5 years, 3 months ago