# Midas > The Standard For Onchain Investment Products Midas is a tokenization platform for institutional investment strategies. It lets strategy managers issue compliant on-chain tokens that give investors transparency, instant redemptions, and use across DeFi. Midas is a tokenization platform that turns institutional investment strategies into on-chain tokens. Strategy managers use it to issue compliant ERC-20 tokens, called mTokens, covering asset-backed credit, structured yield, market-neutral strategies, and Treasury bills. Investors gain transparent exposure to these strategies through tokens they can hold, transfer, and use across DeFi. Each mToken tracks a single strategy overseen by an appointed risk manager, with returns accruing to the token price as the strategy's net asset value changes. Allocations and positions are verifiable on-chain, and a multi-layer liquidity design supports instant redemptions without diluting yield. The tokens are distributed as regulated securities and deployed across multiple blockchains. Holders can post mTokens as collateral in DeFi lending markets and use them in liquidity and yield protocols. The Midas platform handles minting and redemption across the full token range. Midas is used by asset managers launching tokenized strategies, investors outside restricted jurisdictions, and DeFi protocols integrating yield-bearing collateral. - Type: Company - Sector: Finance - Status: Active - Founded: 2023-06-01 - Profile: https://thegrid.id/profiles/midas_app ## Products - [Midas](https://thegrid.id/profiles/midas_app): Midas is a tokenization platform that lets asset managers issue institutional investment strategies as ERC-20 tokens. Each token tracks a strategy run by an appointed risk manager, with returns accruing to the token price and instant redemptions supported by a multi-layer liquidity design. The tokens are regulated securities that work as collateral and liquidity across DeFi protocols, giving holders on-chain access to strategy returns. (RWA Tokenisation Platform, Live, Main Product) ## Assets - [mTBILL (mTBILL)](https://thegrid.id/profiles/midas_app): mTBILL is a tokenized certificate issued by Midas that tracks short-term US Treasury debt. It is used to earn yield from US Treasury interest on-chain, with returns auto-compounded into the token price. The token's redemption value is based on a reference basket of Treasury bill ETFs, so mTBILL's price follows those holdings rather than a fixed peg. (Security) - [mHYPER (mHYPER)](https://thegrid.id/profiles/midas_app): mHYPER is a tokenized certificate issued by Midas that tracks market-neutral stablecoin strategies managed by Hyperithm. It is used to earn stablecoin yield, with returns auto-compounded into a price set by the strategy's net asset value. The strategy combines cross-exchange, spot-futures, and funding-rate arbitrage with hedged yield farming, so mHYPER earns without directional market exposure. (Security) - [mF-ONE (mFONE)](https://thegrid.id/profiles/midas_app): mFONE is a tokenized certificate issued by Midas that tracks Fasanara Capital's F-ONE fund, a private credit and digital asset strategy. Qualified investors use it for exposure to fintech receivables, SME lending, real estate-backed credit, and delta-neutral crypto strategies, with returns auto-compounded. Holders can post mFONE as collateral in DeFi lending markets to borrow stablecoins while keeping their credit exposure. (Security) - [mHyperBTC (mHyperBTC)](https://thegrid.id/profiles/midas_app): mHyperBTC is a tokenized certificate issued by Midas that tracks a Bitcoin market-neutral yield strategy managed by Hyperithm. It is used to earn BTC-denominated yield, with returns auto-compounded into the token price. The strategy pairs cross-exchange arbitrage and collateralized lending with hedges that offset price exposure, so mHyperBTC earns whether Bitcoin rises or falls. (Security) - [mMEV (mMEV)](https://thegrid.id/profiles/midas_app): mMEV was a tokenized certificate issued by Midas that tracked a market-neutral DeFi yield strategy managed by MEV Capital and later RockawayX. It was used for delta-neutral yield from liquidity provision, arbitrage, and liquidation strategies, with returns auto-compounded into the token price. mMEV was discontinued after RockawayX launched mROX as a dedicated replacement strategy token. (Security) - [mEDGE (mEDGE)](https://thegrid.id/profiles/midas_app): mEDGE is a tokenized certificate issued by Midas that tracks a delta-neutral DeFi trading strategy managed by Edge Capital. It is used to earn market-neutral yield from DeFi lending, liquidity provision, and basis trading, with returns auto-compounded into the token price. Instead of holding a fixed peg, mEDGE's value follows the strategy's underlying assets, passing actively managed fund returns to holders. (Security) - [mAPOLLO (mAPOLLO)](https://thegrid.id/profiles/midas_app): mAPOLLO is a tokenized certificate issued by Midas that tracks market-neutral crypto strategies managed by Apollo Crypto. It is used to earn yield from basis trading, liquidity provision, and yield farming across multiple chains, with returns auto-compounded into the token price. The strategy captures pricing gaps between DeFi protocols while staying market-neutral, limiting mAPOLLO's exposure to price swings. (Security) - [msyrupUSDp (msyrupUSDp)](https://thegrid.id/profiles/midas_app): msyrupUSDp is a pre-deposit vault token issued by Midas representing Maple's syrupUSDT strategy on Plasma, co-managed by Plasma and Edge Capital. It is used to earn returns from syrupUSDT posted as collateral in Plasma's institutional credit markets, with rewards auto-compounded into the token price. msyrupUSDp holders also receive XPL and Syrup token rewards through a separate incentive distribution. (Security) - [mRe7YIELD (mRe7YIELD)](https://thegrid.id/profiles/midas_app): mRe7YIELD is a tokenized certificate issued by Midas that tracks a market-neutral DeFi yield strategy risk-managed by Re7 Capital. It is used to earn stablecoin yield from delta-hedged positions and liquidity provision, with returns auto-compounded into the token price. Its delta-neutral design hedges market direction, so mRe7YIELD's returns come from strategy yield rather than crypto price changes. (Security) - [mXRP (mXRP)](https://thegrid.id/profiles/midas_app): mXRP is a tokenized certificate issued by Midas that tracks XRP-denominated yield strategies managed by Hyperithm. It is used to earn returns on XRP from market-neutral strategies, with yields auto-compounded into the token price. Each mXRP is backed by XRP deposited as collateral, letting holders keep XRP exposure while the strategy generates yield. (Security) - [mHyperETH (mHyperETH)](https://thegrid.id/profiles/midas_app): mHyperETH is a tokenized certificate issued by Midas that tracks ETH-denominated, market-neutral yield strategies across multiple on-chain ecosystems. It is used to earn risk-adjusted ETH yield without directional exposure to the price of ETH. Hyperithm, a digital asset manager based in Tokyo and Seoul, oversees mHyperETH's strategy as its appointed risk manager. (Security) - [mBASIS (mBASIS)](https://thegrid.id/profiles/midas_app): mBASIS is a tokenized certificate issued by Midas that tracks a crypto basis-trade strategy managed by Edge Capital. It is used to capture the spread between spot and futures prices during contango, with returns auto-compounded into the token price. The strategy borrows stablecoins against spot holdings on DeFi money markets, adding moderate leverage that raises mBASIS's capital efficiency. (Security) - [mRe7BTC (mRe7BTC)](https://thegrid.id/profiles/midas_app): mRe7BTC is a tokenized Bitcoin yield certificate issued by Midas and risk-managed by Re7 Labs. It is used to earn BTC-denominated yield from market-neutral strategies combining Bitcoin options premium harvesting with DeFi yield, auto-compounded into the token price. As an ERC-20 token, mRe7BTC gives holders on-chain access to Bitcoin yield strategies previously limited to professional investors. (Security) - [mFARM (mFARM)](https://thegrid.id/profiles/midas_app): mFARM is a tokenized certificate issued by Midas that tracks a market-neutral crypto yield strategy managed by Farm Capital. It is used to earn stablecoin yield from lending curator pools, Pendle positions, perpetual DEX arbitrage, and third-party DeFi vaults, auto-compounded into the token price. As appointed risk manager, Farm Capital sets mFARM's risk parameters, selects protocols, and monitors performance. (Security) - [msyrupUSD (msyrupUSD)](https://thegrid.id/profiles/midas_app): msyrupUSD is a leveraged yield vault token issued by Midas that represents exposure to syrupUSDC. It is used to earn amplified yield from a looped syrupUSDC position, with returns auto-compounded into the token price. The strategy borrows against syrupUSDC collateral to multiply base lending yields, letting msyrupUSD holders earn credit returns without managing the loop. (Security) - [mevBTC (mevBTC)](https://thegrid.id/profiles/midas_app): mevBTC is a tokenized Bitcoin yield certificate issued by Midas that tracks a market-neutral strategy managed by MEV Capital. It is used to earn BTC-denominated returns from on-chain markets while keeping Bitcoin-based positioning, auto-compounded into the token price. The strategy combines liquidity provision, arbitrage, carry trades, and recursive borrowing in DeFi, aiming to limit mevBTC's drawdowns. (Security) - [mBTC (mBTC)](https://thegrid.id/profiles/midas_app): mBTC is a yield-bearing token issued by Midas that tracks the performance of Bitcoin yield strategies. It is used to earn Bitcoin-denominated yield while keeping BTC exposure, and as collateral for borrowing and lending on DeFi platforms. As a permissionless ERC-20 token, mBTC can be transferred between wallets and used across DeFi protocols. 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