Obligate Trade Finance Yield

Obligate Trade Finance Yield, ticker OTFY, is a yield-accruing token on the Solana blockchain that gives holders exposure to a revolving portfolio of investment-grade digital bonds used to finance physical commodity transactions. The bonds are asset-backed and managed by a Singapore-based investment manager, with securities issued through a Luxembourg securitization vehicle under Swiss law. The product is designed for investors who want on-chain access to short-duration trade finance instruments that would otherwise require institutional market entry.

OTFY lives on the Solana network and represents a claim on the underlying bond portfolio sponsored by Obligate, with the Luxembourg securitization vehicle serving as the formal issuer of the ledger-based securities. The token accrues yield as the underlying bonds generate returns from commodity trade financing activity. Holders can currently use OTFY as collateral in the Kamino lending market on Solana, and the project is working toward additional venues including a Morpho lending market and multi-issuer RWA vaults.

The data provided does not contain a fee schedule, fee revenue figure, or protocol revenue stream for OTFY, so no fee-based measures can be calculated from what this site stores. The token's yield comes from the performance of the underlying investment-grade bond portfolio rather than from protocol-level transaction fees. The fully diluted valuation equals the market capitalisation at a ratio of 1.0 (point-in-time), meaning the entire supply of 25,739,759 tokens is already in circulation with no additional supply overhang recorded.