Fidelity Digital Interest Token

Fidelity Digital Interest Token (FDIT) is a tokenized real-world asset that lives on the Ethereum blockchain and is issued by Fidelity, one of the largest traditional financial institutions. It is designed to give holders on-chain exposure to an interest-bearing instrument, addressing the problem of accessing conventional yield products through blockchain infrastructure. The intended audience is investors or institutions who want to hold a stable, dollar-pegged digital token that reflects an underlying interest-generating asset.

FDIT exists as a token on the Ethereum network and maintains a price of 1.00 USD, consistent with a design that tracks a fixed-value underlying instrument rather than fluctuating freely on the open market. The token's mechanics are tied to the Fidelity Digital Interest Token application rather than an independent consensus algorithm, meaning settlement and issuance rely on Ethereum's infrastructure while Fidelity controls the tokenization layer. No block time or separate consensus algorithm is recorded for the protocol itself, so its operational logic sits at the application level on top of Ethereum.

Fees are generated by the protocol and totaled 171,837 USD over the trailing 30 days and 6,618,929 USD over the trailing 12 months, with an annualized figure of 2,090,683.50 USD based on recent 30-day activity. The supply side — effectively the token holders — received 162,602 USD of those fees over the trailing 30 days, while the protocol itself retained 9,235 USD as revenue over the same period, representing a take rate of approximately 5.37 percent. Protocol revenue annualized from the trailing 30 days stands at 112,359.17 USD, and both fees and revenue each declined by roughly 25 percent over the most recent 30-day period. The fee yield, expressed as annualized fees as a percentage of market capitalization, is 4.44 percent, reflecting how much of the total fee stream flows relative to the token's 47,065,432 USD market cap.