TVL concentration (top-10 wallet share)
BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-064 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Top-10 holders control approximately 98% of supply. Total holder count ~100 across all chains. Ethereum primary chain: only 6 holders hold ~$1.12B. Expected for institutional fund ($5M minimum investment) but single large holder redemption could dominate daily redemption flow.
Sources #
- URLhttps://app.rwa.xyz/assets/BUIDLretrieved 2026-04-26
- https://ondo.finance/ousgretrieved 2026-04-26
Methodology #
Compute the percentage of protocol TVL held in the top-10 depositor addresses.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol blackrock-buidl factor RD-F-064 score yellow collected_at 2026-05-12 09:40:42