BUIDL token
Overview
BUIDL is a tokenized money market fund issued by BlackRock on the Ethereum blockchain. It is designed to maintain a stable value pegged to the US dollar while generating yield from underlying short-term Treasury securities. It serves as a low-risk, yield-bearing asset for DeFi and other on-chain applications.
Within the DeFi Intel graph, BUIDL connects to 16 tracked entities, most strongly to Ethereum, Solana, Arbitrum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 16 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Polygon | 95% |
deployed_on | Avalanche | 95% |
issued_by | BlackRock | 95% |
deployed_on | BSC | 95% |
deployed_on | Aptos | 95% |
deployed_on | OP Mainnet | 95% |
supports_token | BlackRock BUIDL | 95% |
In-depth guides on BUIDL
Frequently asked questions
What is BUIDL?
BUIDL is an ERC-20 token that represents a share in BlackRock's USD Institutional Digital Liquidity Fund, investing in short-term US Treasuries. It aims to provide on-chain yield with low volatility.
How does BUIDL maintain its peg?
BUIDL maintains its peg to the US dollar through the underlying fund's portfolio of short-term Treasury bills and cash equivalents, managed by BlackRock.
Where can BUIDL be used?
BUIDL can be used in decentralized finance protocols that support it, such as lending platforms or as collateral, or can be redeemed for US dollars.
What is BUIDL connected to?
In the DeFi Intel knowledge graph, BUIDL is linked to 16 other tracked entities, most strongly to Ethereum, Solana, Arbitrum.
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