The Superstate Short Duration US Government Securities Fund (USTB) is a tokenized investment vehicle that holds short-duration U.S. Treasury Bills to provide exposure aligned with the federal funds rate.
It issues tokens with a static supply per investor, where yield accrues through daily increases in the net asset value per share (NAV/S), starting from $10.000000 and updated continuously based on interest from underlying securities.
Subscriptions and redemptions occur daily using USD or USDC at the current NAV/S, with tokens transferable only between allowlisted addresses.
Income from Treasury interest is recognized each market day and reflected in NAV growth, while fees—up to 0.15% management plus minor operational costs—accrue daily in NAV only after the fund reaches $200 million AUM, with tiered reductions for larger investments.
The fund supports book-entry holdings and maintains compliance for qualified purchasers.
