# OpenTrade

> Stablecoin infrastructure and yield for the next generation of financial services

OpenTrade helps fintechs provide stablecoin yield products by combining institutional lending infrastructure with tokenized real-world assets.

OpenTrade helps financial institutions manage treasury operations and provide embedded stablecoin yield products for their customers. With it, you can offer white-labeled yield products, access diversified asset portfolios including treasuries and bonds, and integrate through APIs. OpenTrade reduces barriers to institutional-grade yield products through bankruptcy-remote structures and regulated asset management.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2023-01-01
- Profile: https://thegrid.id/profiles/opentrade

## Products

- [OpenTrade Platform](https://thegrid.id/profiles/opentrade): OpenTrade Platform combines blockchain protocol, API infrastructure, and legal frameworks to enable embedded stablecoin yield products. The system supports ERC-4626 tokenized vaults while maintaining regulatory compliance through bankruptcy-remote SPVs and segregated custodial accounts. (Financial Services Platform, Live, Main Product)

## Assets

- [Flexible Term USDC Vault (XTBT)](https://thegrid.id/profiles/opentrade): XTBT is a tokenized vault token representing deposits in OpenTrade's Flexible Term USDC Vault. It is used for flexible-term, variable rate on-chain loans fully secured by US Treasury Bills and USD Money Market Funds. Interest accrues and compounds daily and lenders can move in and out at anytime, with withdrawals made before the cut off time repaid same day, typically within six hours. (Vault Tokens)
- [Flexible Term EURC Vault (XEVT)](https://thegrid.id/profiles/opentrade): XEVT is an ERC-4626 tokenized vault representing deposits in OpenTrade's flexible-term EURC vault. It accepts EURC deposits and is backed by EUR sovereign bonds and money market funds, deployed on Ethereum and Avalanche. Interest accrues and compounds daily, with a variable rate benchmarked to the ECB's yield curve for triple-A euro area government bonds. (Vault Tokens)
- [High Yield Corporate Bond Vault (XHYC)](https://thegrid.id/profiles/opentrade): XHYC is a vault token representing deposits in OpenTrade's high-yield corporate bond vault backed by BlackRock's SHYG ETF. It is used to gain exposure to tokenized yield from short-duration high-yield corporate bonds, with deposits accepted in USDC and withdrawals processed within one business day. The vault tracks the performance of U.S. dollar-denominated, high-yield corporate bonds with remaining maturities of less than five years, allowing holders to earn yield from institutional-grade fixed income assets through an ERC-4626 tokenized structure on Avalanche. (Vault Tokens)
- [USD Money Market Fund Vault (XMMF)](https://thegrid.id/profiles/opentrade): XMMF is a tokenized vault token representing deposits in OpenTrade's USD money market fund vault. It is used to earn yield on stablecoins backed by short-dated U.S. Treasury bills and USD money market funds, with interest accruing and compounding daily with on-demand liquidity. The vault runs on Version 5 protocol architecture, providing more flexibility in fund flows and simpler upgradable contracts that support several different exchange rate methods. (Vault Tokens)
- [Franklin Templeton Benji MMF Vault (XFTB)](https://thegrid.id/profiles/opentrade): XFTB is a vault token representing deposits in OpenTrade's Franklin Templeton Benji money market fund vault on Avalanche. It is collateralized exclusively by BENJI, Franklin Templeton's tokenized money market fund that tracks the Franklin OnChain U.S. Government Money Fund (FOBXX). BENJI represents shares of a regulated U.S. money market fund backed primarily by government securities, cash, and repurchase agreements, allowing vault depositors to earn yield on U.S. government-backed assets through OpenTrade's lending infrastructure. (Vault Tokens)
- [USD Money Market Fund Vault USDT (XMMF-USDT)](https://thegrid.id/profiles/opentrade): XMMF-USDT is a vault token representing USDT deposits in OpenTrade's money market fund backed by U.S. Treasury bills and USD money market funds. It is used to earn yield on USDT deposits with daily compounding interest and on-demand liquidity across Ethereum, Avalanche, and Plume Chain. The token follows the ERC-4626 standard, enabling holders to redeem their proportional share of the underlying assets through a standardized vault interface that simplifies integration across DeFi protocols. (Vault Tokens)

## Links

- [Main](http://opentrade.io)
- [Documentation](https://docs.opentrade.io)
- [Blog](https://medium.com/opentrade)
- [LinkedIn](https://linkedin.com/company/opentrade-io)
- [Twitter / X](https://x.com/opentrade_io)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP