Dune Flags Yield Shortfall at Tokenized Money Funds
- —The 12 largest tokenized money funds underperform the Treasury bills behind them
- —Dune is examining how much government-debt income reaches onchain investors
- —An issuer disclosure provided a concrete example of the benchmark gap
Why it matters: The yield shortfall could dent the appeal of tokenized money funds for investors seeking government-debt income onchain.
Source: The Defiant