sSHVSecurity Token

Swarm iShares Short Treasury

Swarm Markets· Berlin

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Value issued: $6.0M
0D change: -
Yield · 30-day trailing APY: 5.10%
NAV: 110.0000
Expense ratio: 0.00%
Minimum: $0
Redemption: Daily
Launched: 01 Jan 2023

Depends onSwarm

Field coverage 100%Primary-source or on-chain verified 50% of tracked metrics0/1 source documents analyst-verifiedLast reconciled 07 Oct 2026

Overview

What this product is

Tokenized ETF of short-term U.S. treasuries under German law.

Underlying asset: iShares Short Treasury Bond ETF
Asset class: Tokenized Treasury
Product structure: Security Token
Legal structure: German Electronic Securities Act Bond
Issuer jurisdiction
Fund domicile: Germany
Base currency: USD
Launched: 01 Jan 2023

Peer set

Comparable products

Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.


BUIDL	4.16%	0.50%	$5.0M	$1.85B
USDY	4.25%	0.50%	$500	$1.41B
USTB	4.11%	0.15%	$100.0K	$607.4M
JTRSY	4.18%	0.35%	$100.0K	$323.3M
OUSG	4.04%	0.15%	$100.0K	$321.5M
USDM	5.00%	0.30%	$0	$150.0M
TBILL	5.10%	0.20%	$1.0K	$110.0M

Issuer

Who runs it

Swarm MarketsBerlin

A regulated DeFi platform in Germany offering tokenized real-world assets like public stocks and bonds.

Portfolio

Composition

iShares Short Treasury ETF100.0%

Weighted average maturity

180 days