TBY

Swarm Treasury Bond Yield

$TBY
Swarm MarketsTreasurieslow risk Audited

BaFin-regulated tokenized US Treasury bonds tradable on a compliant decentralized platform. Swarm was the first to offer tokenized T-bills on a regulated DEX.

Current APY

4.25%

Total Value Locked

$10.00M

+2.00%30d

Price

$1

+0.00%24h

Holders

600

Market Cap

$10.00M

Yield History

Yield vs Peers

Rank #7 of 18 in Treasuries
CETES10.00%
DROP6.00%
USDY4.90%
tfBILL4.50%
bIB014.25%
fUSDC4.25%
TBY (this asset)4.25%
TBILL4.20%

vs Benchmarks

US 10Y Treasury
4.25%+0.00%
High-Yield Savings
4.50%-0.25%
Treasuries Avg
4.50%-0.25%
S&P 500 Dividend
1.30%+2.95%

Yield Calculator

PeriodTBY(4.25%)
30 Days+$34.93
90 Days+$104.79
6 Months+$211.92
1 Year+$425

Projected returns based on current APY. Actual returns may vary. Not financial advice.

Risk Scanner

5/7 checks passed
Overall Safety Score71%
Smart ContractLow Risk

Audited by null

CounterpartyLow Risk

Institutional-grade custody and management

RegulatoryLow Risk

KYC/AML compliant — regulated framework

LiquidityWarning

Low liquidity — higher slippage risk

Chain RiskCaution

On 2 chains — moderate diversification

RedemptionLow Risk

No lock period — redeem anytime

Yield StabilityLow Risk

Very stable — within 5% of 30d average

Protocol Health

5/6 Healthy

Contract Status

Active

Data Feed

Live

Audit Status

Verified (null)

Oracle Health

Active

Holder Activity

Low

Reserve Transparency

Verified

Entry & Exit Costs

ethereum
~$3.50~$3.50
polygon
~$0.02~$0.02
Management Fee0%
Performance Fee0%
Redemption Fee0%

Break-even Insight

On polygon, a $1,000 investment at 4.25% APY recovers gas costs (entry + exit) in 1 days.

Key Facts

Name
Swarm Treasury Bond Yield
Ticker
TBY
Category
Treasuries
Inception
Jan 1, 2023
Management Fees
0%

Investment Details

Min. Investment
None
Lock Period
None
KYC Required
Yes
Accredited Only
No
Eligible Investors
All Investors
Available Chains
ethereum, polygon

Market Data

TVL
$10.00M
Price
$1
Market Cap
$10.00M
Holders
600
7D APY
4.20%
30D APY
4.30%
Risk Level
low risk
Audit Status
audited

Chain Distribution

NetworkTVLShare
ethereum
$6.00M60.0%
polygon
$4.00M40.0%

How to Buy TBY

TBY is available on ethereum, polygon. KYC verification is required.

Frequently Asked Questions

What is Swarm Treasury Bond Yield?

BaFin-regulated tokenized US Treasury bonds tradable on a compliant decentralized platform. Swarm was the first to offer tokenized T-bills on a regulated DEX.

What is the current yield on TBY?

TBY currently offers 4.25% APY. The 7-day average is 4.20% and 30-day average is 4.30%.

Is TBY safe?

TBY has a low risk rating. It is audited by null. Always do your own research before investing.

How do I buy TBY?

TBY is available on ethereum, polygon. KYC verification is required. No minimum investment.

What chains is TBY available on?

TBY is deployed on Ethereum, Polygon. Each chain may have different liquidity levels and gas costs.

Last updated: Mar 28, 2026, 8:25 AM