OpenEden

EDEN Price

About OpenEden (EDEN)

OpenEden is a decentralized protocol that provides on-chain access to tokenized real-world assets, primarily focused on US Treasury securities.

• The protocol enables Web3 treasury managers and institutional investors to access low-risk, liquid crypto cash management solutions.
• Its flagship product, TBILL, is a tokenized Treasury fund that has received an "A-bf" bond fund rating from Moody's.
• OpenEden operates through a licensed investment management entity and utilizes regulated third-party custodians to secure underlying assets.

What Is OpenEden

OpenEden is a platform designed to bridge traditional finance and Decentralized Finance by bringing Real World Assets (RWAs) onto the blockchain. The protocol's primary mission is to unlock value by making institutional-grade assets like US Treasuries accessible to a global, permissionless economy. Value moves through the system as investors mint tokenized representations of yield-bearing assets, allowing them to earn returns while maintaining liquidity in a digital format.

The EDEN token serves as an application utility token within the ecosystem. It is used to facilitate protocol operations, and its utility is tied to the growth of the platform's tokenized offerings. As the ecosystem expands, the token is intended to play a role in protocol service fees and governance mechanisms, though specific details on future scaling are subject to the platform's development roadmap.

What Makes OpenEden Unique

• First Rated RWA Issuer: OpenEden was the first tokenized real-world asset issuer to receive an investment-grade "A" rating from Moody’s.
• Regional Leadership: Since its launch in early 2023, the protocol has established itself as a leading issuer of tokenized US Treasuries in Asia and Europe.
• High-Grade Security: The underlying TBILL fund maintains an "AA+" rating from S&P Global, reflecting a commitment to institutional-grade risk management.
• End-to-End Tokenization Stack: Unlike many protocols that rely entirely on third parties, OpenEden is directly involved via its licensed investment management entity.

What Can You Use OpenEden for?

• Tokenized Treasury Access: Users can gain exposure to tokenized US Treasury securities (TBILL) to manage on-chain cash reserves with low-risk instruments.
• Liquidity Management: The platform provides 24/7 access to highly liquid assets, allowing DAO treasury managers and Web3 CFOs to move funds efficiently.
• Yield Generation: Investors can earn yield from real-world financial instruments while keeping their capital on-chain within the DeFi ecosystem.
• Cross-Chain Utility: The protocol's assets are available across multiple networks, including Ethereum and the BNB Chain, enhancing their utility in various decentralized applications.

How Does OpenEden Work?

OpenEden utilizes a regulated structure to bring off-chain value on-chain. A licensed investment management entity manages a BVI-registered professional fund, which holds the actual US Treasury securities. These securities are kept in custody with licensed third-party financial institutions to ensure security and regulatory compliance.

The protocol issues digital tokens, such as TBILL, which represent a claim on the underlying assets and their accrued interest. When a user interacts with the platform, they pay protocol service fees for minting or redeeming these tokenized assets. This process is governed by smart contracts on the blockchain, which automate the issuance and management of the tokens while ensuring transparency and auditability.

Team Info and Investors

OpenEden was founded by a team with backgrounds in both traditional finance and blockchain technology. The project is managed by a licensed investment management entity based in the British Virgin Islands. While specific individual founder names are not highlighted in the primary documentation, the protocol has established partnerships with major industry players, including logos for BlackRock, Ripple, and Arbitrum on its official website. The governance of the protocol is structured around its regulated fund model, ensuring that all operations align with legal requirements for investment management.

Where can you buy OpenEden?

EDEN tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade OpenEden is Binance, where the most active trading pair EDEN/USDT has a trading volume of $1,891,429.09 in the last 24 hours. Other popular options include Bitget and MEXC.

What is the daily trading volume of OpenEden (EDEN)?

The trading volume of OpenEden (EDEN) is $1,644,066.17 in the last 24 hours, representing a -30.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for OpenEden (EDEN)?

OpenEden (EDEN) reached an all-time high of $1.31 and an all-time low of $0.02581. It’s now trading -95.60% below that peak and 123.20% above its lowest price.

What is the market cap of OpenEden (EDEN)?

Market capitalization of OpenEden (EDEN) is $24,620,913 and is ranked #799 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EDEN tokens (430 Million tokens are tradable on the market today).

What is the fully diluted valuation of OpenEden (EDEN)?

The fully diluted valuation (FDV) of OpenEden (EDEN) is $57,614,671. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion EDEN tokens are in circulation today. Depending on how the emission schedule of EDEN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of OpenEden compare against its peers?

With a price decline of -6.90% in the last 7 days, OpenEden (EDEN) is underperforming the global cryptocurrency market which is up 0.70%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 6.00%.

How to add OpenEden (EDEN) to MetaMask?

Adding OpenEden (EDEN) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import EDEN as a token. You can copy EDEN’s contract address (0x235b6fe22b4642ada16d311855c49ce7de260841) and import it manually, or if you've installed MetaMask's chrome extension, add EDEN to MetaMask with one click on CoinGecko.

Add EDEN to MetaMask.