SPDR Bloomberg 1-3 Month T-Bill ETF (Ondo Tokenized)
BILON Rank #11175Price chart
What is SPDR Bloomberg 1-3 Month T-Bill ETF (Ondo Tokenized)?
Overview
BILON provides tokenholders with economic exposure equivalent to holding the underlying SPDR Bloomberg 1-3 Month T-Bill ETF, including reinvested dividends. The product is designed for non-US retail and institutional participants seeking access to U.S. Treasuries outside traditional market hours and geographic restrictions. Minting and redemption occur 24 hours a day, five days a week with liquidity sourced from traditional exchanges.
How it works
BILON is deployed across Ethereum, BNB Chain, and Solana. Users can instantly mint tokenized positions by locking collateral and redeem them back to underlying assets. The token represents a claim on the ETF's holdings and performance.
Token and supply
BILON tokens represent fractional ownership of the underlying T-Bill ETF. The total supply is approximately 2.7 tokens. No maximum supply cap has been specified, suggesting supply may scale with user demand for the product.
Where to trade BILON
Exchanges that list this asset
Live spot quotes from connected exchanges
BILON funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.