OpenEden is a leading RWA protocol specifically designed to bridge traditional finance assets to decentralized finance in a fully compliant and institutional-grade manner.What is OpenEden?What is OpenEden? – Source: OpenEdenUnlike many open DeFi protocols, OpenEden is a permissioned protocol that tokenizes US Treasury Bills (T-Bills) while mandating KYC/AML verification for all participating investors.OpenEden utilizes the inherent efficiency and transparency of the blockchain to create a tokenized representation of these off-chain assets. This tokenized security, known as TBILL, functions as a yield-bearing asset that accrues stable interest derived directly from the underlying US Treasury securities it represents. This mechanism effectively turns a blockchain wallet into a low-risk, high-liquidity investment vehicle.Crucially, OpenEden’s commitment to institutional standards is underscored by its Moody’s ‘A-bf’ Bond Fund Rating. This specific designation validates the fund’s credit quality, operational framework, investment manager’s capabilities, and security measures, assuring both retail investors and major funds of its integrity , which is a monumental step for the RWA sector.The Core ProductT-Bills VaultOpenEden’s primary utility resides in its T-Bills Vault, the on-chain interface where asset tokenization occurs. This Vault functions as a gateway, providing a streamlined process for users to exchange their digital assets for TBILL tokens.The Vault currently accepts deposits of established, highly liquid stablecoins, notably USDC and USD (the stablecoin native to the XRP network). Upon staking these assets, users receive TBILL tokens, which immediately begin accruing yield. The yield accrues through the Net Asset Value appreciation of the TBILL token.T-Bills Vault – Source: rwa.xyzThis yield is attractive because it offers a stable, reliable return in the range of 3% to 5% APY, which is derived from the short-term interest payments generated by the underlying US Treasury Bills held by the issuing entity. This contrasts sharply with the often high-risk, variable yields offered by many traditional DeFi lending protocols, positioning TBILL as the go-to yield-bearing safe asset within the Web3 ecosystem.While staking the asset into the Vault is designed to be incurring only standard network gas fees, the protocol maintains stringent security and compliance standards, requiring all participating investors to complete a mandatory KYC verification process. This alignment with established financial compliance ensures the platform maintains its institutional integrity.Asset ManagementThe aggregation of investor funds and the subsequent investment into short-term US Treasury Bills is managed by BNY Mellon affiliates, with a subsidiary, Dreyfus, acting as the fund’s sub-manager. BNY Mellon serves as the primary custodian for the underlying T-Bills, leveraging its established infrastructure and global scale to safeguard user capital. The mechanism for moving digital assets into the traditional financial system is handled through highly trusted third-party partners. Staked assets are transferred to StoneX, a major financial services organization, via Coinbase Prime. Coinbase Prime serves as the secure, institutional-grade custodian and “bridge” for transferring digital assets, confirming that OpenEden leverages the same security rails used by global financial institutions and large investment funds for asset custody. Moreover, the core TBILL Vault smart contracts have been subject to rigorous security reviews by top audit firms Hacken and Verichain. A key measure of the protocol’s robustness was its decision to perform a full migration to the TBILL Vault V2 in November 2023. This migration was necessitated by the discovery of a Transaction-Ordering Dependence (TOD) / Front-Running vulnerability. The technical solution implemented was the integration of a proprietary On-Chain Price Oracle, paired with mandatory lock mechanisms around price updates, effectively eliminating the front-running vector.Technical ArchitectureThe technical framework of OpenEden is engineered to distribute fiduciary duties and management responsibilities across multiple established, audited entities. This distributed structure builds resilience and compartmentalizes risk, fulfilling the highest standards of financial governance.OpenEden’s operational model relies on four entities to link investors to US Treasury Bills. Investors must first complete mandatory KYC verification to stake stablecoins and receive the yield-bearing TBILL token. OpenEden itself acts as the Fintech Service Provider, maintaining the T-Bills Vault smart contracts, while Hill Lights International serves as the Token Issuer, guaranteeing the TBILL’s 1:1 backing by the off-chain securities. Finally, Adam Eve Capital is the crucial Investment Manager, responsible for securely managing the aggregated fund pool and investing in the underlying T-Bills to safeguard user capital.What Does It Solve?OpenEden addresses several critical challenges facing both the DeFi and TradFi sectors.For DeFi: OpenEden offers crypto-native institutions and high-net-worth individuals a source of stable, low-risk yield by accessing TradFi returns. This provides a crucial alternative to volatile native DeFi protocols.For TradFi: For traditional financial institutions, OpenEden provides a regulated and secure on-ramp to the digital asset space. It allows them to experiment with blockchain technology and tokenized assets without having to radically change their existing compliance frameworks or risk exposure. Solving Low On-Chain Returns: By linking on-chain liquidity to deep, liquid TradFi markets, OpenEden solves the problem of idle capital in crypto. Users can earn reliable, competitive returns on stablecoins and other on-chain assets that leverage blockchain efficiency (settlement, transparency, programmatic access) without taking on significant risk.TokenomicsEDEN Allocation – Source: OpenEdenThe EDEN token is the native utility and governance asset of the OpenEden ecosystem, designed to align long-term incentives and decentralize the protocol’s future direction.Token Name: OpenEdenTicker: EDENTotal Supply: 1,000,000,000 EDENToken Allocation: Ecosystem & Community: 38.50%Team & Advisors: 20.00%Investors: 18.00%Foundation: 10.00%Bills Airdrop: 7.50%Early Adopters: 6.00%Token Unlock ScheduleThe EDEN token employs a structured vesting schedule to ensure supply stability and reward long-term commitment. This plan includes a 6-month cliff followed by 24 months of linear vesting for both Team & Advisors (20%) and Investors (18%) allocations. The initial circulating supply was approximately 18.39% of the total. A key mechanism is the 120-day HODLer Bonus Mechanism applied to airdropped tokens, where recipients can claim 20% immediately, while the remaining 80% vests linearly over four months, discouraging early selling and promoting sustained token participation.EDEN Token UtilityEDEN holders can utilize the token for 4 main use cases, including:Governance: EDEN holders possess voting rights, allowing them to shape critical protocol parameters, including future token issuance schedules and the strategic direction of new product development.Staking & Security: Users are incentivized to stake EDEN to secure the network and promote long-term stability, receiving rewards that foster token retention.Incentives and Growth: A significant portion of the supply is reserved for strategic deployment as rewards to boot-up new products, facilitating aggressive and organic ecosystem expansion.Fee Reduction & Premium Access: Holding the governance token is designed to unlock tiered benefits, such as reduced or rebated fees on Vault transactions (e.g., redemption fees of 0.05%) and access to future premium features or products within the OpenEden suite.According to OpenEden’s whitepaper, a portion of their treasury or revenue is allocated to buying back EDEN tokens from the open market and burning them, which reduces the total supply and creates demand for the tokens.Team, Investors, and Market PositionOpenEden’s founding team members possess deep backgrounds at premier global financial institutions. Co-Founders Jeremy Ng (CEO) and Eugene Ng bring years of experience from firms like Goldman Sachs, Deutsche Bank, Barclays, Citibank, Morgan Stanley, and crypto-native firms like Gemini and Matrixport. CTO Duke Du contributes robust technical knowledge, having previously worked as an engineer at the major exchange Bybit. This blend of TradFi authority and Web3 technical skill was a core factor in attracting institutional capital. On September 16, 2024, Binance Labs announced a strategic investment in OpenEden , reinforcing the project’s profile as a high-potential RWA leader. As of Q4 2025, OpenEden is a market leader with a Total Value Locked (TVL) of approximately $264.7 million in TBILL and $265.98 million in USDO, according to DeFiLlama. OpenEden is not simply participating in the RWA trend; it is defining a model for how high-value, regulated, off-chain assets can be securely and transparently brought on-chain, positioning it as a foundational infrastructure layer for the next wave of decentralized finance.OpenEden’s Investors and Market Position – Source: OpenEden.Learn more: Binance Labs Confirms $500 Million Web3 Development Fund FAQHow to Buy EDEN Token?EDEN is now available for trading on major exchanges such as Binance, Gate and MEXC.Learn more: MEXC Review 2025: Is It a Safe & Legit Crypto Exchange?What Types of Assets Does OpenEden Tokenize?OpenEden tokenizes access to institutional-grade with a current focus on U.S. Treasury bills (T-bills).Is OpenEden Permissioned or Permissionless?OpenEden is a permissioned DeFi protocol. Access is restricted to accredited investors and institutions who have completed KYC/AML checks to ensure regulatory compliance.How Are The Underlying Assets Secured?The underlying U.S. Treasury bills are held by regulated financial institutions and custodians in bankruptcy-remote accounts, ensuring legal segregation and protection of assets.How Does OpenEden Generate Yield?Yield is generated directly from the interest payments of the underlying U.S. Treasury bills held by the protocol’s partners. This yield is passed on to the token holders.What Are The Risks Associated with OpenEden?While OpenEden tokenizes low-risk TradFi assets, risks can include smart contract risk, counterparty risk with regulated partners, and potential regulatory changes affecting RWA protocols. It’s crucial for investors to conduct their own due diligence.The post What is OpenEden (EDEN)? Bridging TradFi to DeFi appeared first on NFT Plazas.