Matrixdock

What is Matrixdock?

Matrixdock is a digital asset platform operated by Matrixport, a Singapore-based digital assets financial services company. The platform's flagship product, STBT (Short-term Treasury Bill Token), provides institutional and accredited investors with tokenized exposure to US Treasury securities.

Built on Matrixport's institutional infrastructure—which manages billions in digital assets—Matrixdock brings the same rigorous approach to tokenized Treasuries. STBT represents direct ownership of short-term US government securities, offering the safety of Treasury backing with the efficiency of blockchain settlement.

The protocol has gained adoption among Asian institutional investors and DAOs seeking geographic diversification in their Treasury exposure, complementing US and European offerings in the tokenized Treasury space.

How Matrixdock Works

STBT Token Structure

STBT is backed by:

• US Treasury bills (primary)
• Overnight reverse repurchase agreements
• Short-term US government securities

• Rebasing token: quantity adjusts to reflect yield
• 1 STBT targets $1.00 face value
• Daily rebase based on Treasury yields
• Fully collateralized at all times

• Assets held at qualified custodians
• Independent fund administration
• Regular attestations and audits
• Singapore regulatory framework

Minting and Redemption

1. Complete institutional KYC with Matrixdock
2. Wire USDC to designated account
3. STBT minted and delivered to wallet
4. Begin earning Treasury yields immediately

1. Submit redemption request
2. STBT burned
3. USDC returned (typically T+1)
4. Net of any accrued/unaccrued yields

Key Statistics

• AUM: $100M+ in STBT
• Current APY: 4.5-5.0%
• Backing: 100% US T-Bills and short-term governments
• Rebase Frequency: Daily
• Chains: Ethereum (primary)
• Minimum: Institutional minimums apply
• Operator: Matrixport (Singapore)

Yield Opportunities

Direct STBT Holding (4.5-5.0% APY)

The core Matrixdock offering:

• Hold STBT in any compatible wallet
• Daily rebase adds tokens based on T-bill yields
• No staking or claiming required
• Automatic yield distribution

• Simplest exposure to US Treasuries
• Daily liquidity (subject to terms)
• Institutional-grade custody
• Asian regulatory framework

DeFi Integration (Variable APY)

Extend STBT utility within DeFi:

Where supported, use STBT as collateral:

• Access liquidity while holding Treasuries
• Continue earning rebase yields
• Leverage Treasury position if desired

STBT may be available in Curve pools:

• Pair with other stablecoins
• Earn LP fees plus Treasury yield
• Provide liquidity to the ecosystem

Getting Started with Matrixdock

Step 1: Verify Eligibility

Matrixdock serves institutional and qualified investors:

• Apply through matrixdock.com
• Complete comprehensive KYC/AML
• Verify accredited/institutional status
• Sign subscription agreements

Step 2: Fund Your Account

Prepare capital for STBT minting:

• Wire USDC to verified address
• Meet minimum subscription thresholds
• Confirm transfer with Matrixdock team

Step 3: Receive STBT

Upon successful subscription:

• STBT minted to your verified wallet
• Begin receiving daily rebases
• Monitor through Matrixdock dashboard
• Track alongside other positions in Fensory

Step 4: Manage Position

Ongoing STBT management:

• Monitor daily rebase distributions
• Track cumulative yield
• Request redemption when needed
• Explore DeFi integrations

Risk Considerations

Daily token rebasing may create taxable events in some jurisdictions. Consult tax professionals.

Singapore and US regulatory changes could affect operations. Cross-border regulatory complexity exists.

Users depend on Matrixport's operational integrity and custody arrangements.

Asian regulatory framework may not suit all investors. Consider jurisdiction preferences.

STBT liquidity depends on Matrixdock operations and market conditions. Large redemptions may require notice.

While audited, STBT contracts carry inherent blockchain risks.

Matrixdock vs Other Treasury Protocols

Frequently Asked Questions

STBT uses a rebase mechanism where the number of tokens in your wallet increases daily to reflect Treasury yields. If you hold 1000 STBT and daily yield is 0.013%, you'll have approximately 1000.13 STBT the next day.

Check Matrixdock's current terms of service. Regulatory restrictions may limit US person access.

Matrixdock is operated by Matrixport, a major digital asset financial services company managing billions in assets. STBT benefits from Matrixport's institutional infrastructure.

STBT provides the same underlying exposure with blockchain-native features: 24/7 settlement, smart contract composability, and simplified custody.

STBT is an ERC-20 token, enabling DeFi integrations where supported. Check current integrations on Matrixdock's platform.

[Explore Matrixdock on Fensory →](https://www.fensory.com)