Research Methodology
Tokenised ETFs employs a multi-source verification methodology for all published data. Every AUM figure, yield rate, and market metric undergoes cross-referencing against at minimum two independent sources before publication. This section details our data sourcing, verification standards, and analytical frameworks.
Primary Data Sources
RWA.xyz
RWA.xyz serves as our primary market data source for tokenized real-world asset metrics. Their platform aggregates on-chain data across treasury token products, yield instruments, and broader RWA categories. Key metrics sourced include total value locked (TVL), holder counts (currently 674,994 globally), chain distribution (Ethereum at 56.87%), and individual fund AUM figures.
Issuer Disclosures
Direct issuer reporting from BlackRock (BUIDL fund reports), Franklin Templeton (BENJI NAV data), Ondo Finance (OUSG and USDY transparency pages), and Maple Finance (pool performance data) provides issuer-verified AUM, yield, and fee information.
On-Chain Analytics
Ethereum, Stellar, Solana, and Aptos blockchain data provides real-time verification of token supply, holder addresses, transfer volumes, and smart contract state. This on-chain layer validates issuer-reported figures independently.
DeFi Llama
DeFi Llama provides supplementary TVL data and protocol metrics for products operating across decentralized infrastructure, including Maple Finance syrupUSDC and other credit protocol tokens.
AUM Verification
Published AUM figures follow a hierarchy: on-chain token supply multiplied by NAV per token serves as the baseline, cross-referenced against issuer-reported AUM and RWA.xyz aggregate data. Discrepancies exceeding 2% trigger manual review and annotation. The dashboard notes the timestamp of each data update.
Yield Calculation Standards
Yields are reported as trailing annualized percentage yield (APY) unless otherwise noted. For treasury products like BUIDL (3.46% APY) and BENJI (3.01% APY), yields reflect the fund’s net asset value accrual after management fees. For lending products like syrupUSDC (4.89% APY), yields reflect pool performance net of protocol fees.
Risk Assessment Framework
Our risk metrics analysis evaluates products across five dimensions: smart contract risk (audit status, code maturity), counterparty risk (issuer credit quality, custodian reputation), liquidity risk (redemption terms, secondary market depth), regulatory risk (jurisdiction, license status), and yield risk (rate volatility, underlying asset quality).
Editorial Standards
All content begins with specific data points rather than generic introductions. No AI-generated filler content. Every claim is sourced to a specific data point or issuer disclosure. Internal links connect related analysis across product comparisons, entity profiles, and market access guides.
Data Update Cadence
AUM and TVL figures are refreshed daily from RWA.xyz aggregated feeds and cross-checked against issuer-published dashboards on a rolling 24-hour cycle. Yield data follows the same daily cadence for rebase products (BUIDL, BENJI) where new tokens distribute each day. Accumulating NAV products (OUSG, USDY, USYC) are verified by comparing the smart-contract-reported token price against the issuer’s published NAV at T-close. Fed Funds Rate data is sourced from the Federal Reserve Bank of New York and updated after each FOMC decision. Holder-count and chain-distribution statistics are pulled from on-chain indexers and reconciled against RWA.xyz weekly.
Conflict-of-Interest Disclosure
Tokenised ETFs does not hold positions in any tokenized fund product, receive compensation from issuers, or accept paid placements. All analysis is independent. Revenue is generated through advertising via Google AdSense. Product mentions and rankings are determined by data-driven criteria — AUM, yield, fee structure, and risk scoring — not commercial relationships. If an issuer sponsors content in the future, such sponsorship will be clearly disclosed adjacent to the sponsored material.
Contact
For methodology questions or data correction requests: info@tokenisedetfs.com