The axis does not start at zero, so movement is visible. The dashed rule is 100.00%.
Asset Distribution Breakdown
Detailed backing & collateral breakdown.
Time to cash is the slowest settlement period within a class. Sub-rows are components of their parent strategy, not separate allocations. Asset categories sourced from Accountable's independent verification feed. A sub-row's percentage is its share of the row above it. Rows marked — are shown for context and are not counted.
Liquidity Profile
How quickly the backing converts to cash, and how large the markets behind it are.
Cover is one day of market turnover against the position shown above. The whole book counts each market once, so it is not the sum of the column. Maturity is how long a holding runs; time to cash is how long it takes to sell one.
Pricing & Valuation
Real-time attestation via Accountable’s cryptographic proof system. Reserves, liabilities, and hedge ratios verified on-chain through zero-knowledge proofs.
Position valuations sourced directly from custodian bank feeds and execution venues via Accountable’s secure data connectors. Tori does not control these feeds.
Collateral Ratio = Total Backing Assets / Total trUSD Circulating Supply. Includes accrued but undistributed rewards.
strUSD priced at Net Asset Value, not market price. NAV derived from aggregate position valuations across all strategies. Maximum theoretical daily NAV movement = (1 + annualized reward rate) ^ (1/365) − 1, the daily rate that compounds to the published APY.
Each source is independently verified by Accountable (cryptographic proof).
Custody & Counterparty
Off-chain backing assets held in segregated accounts registered in Tori’s name.
Derivative positions and their collateral held in segregated accounts at regulated investment banks under Tori’s mandate.
Smart contract assets held under multi-party approval quorums, with owner-level changes behind timelocks. The addresses are listed in On-chain Custodial Addresses below.
Counterparty and custodian identities are independently verified by Accountable. Tori does not disclose institution names to protect operational security. Percentages reflect the share of total backing held at each.
Redemption Terms
Deposit USDC, receive trUSD 1:1
Stake trUSD, receive strUSD at current NAV
Request unstake. Share price locked at initiation.
Redeem trUSD for USDC after cooldown
2-3% of TVL held in liquid on-chain reserves for instant redemption processing.
Independent Verification
Protocol reserves and operations independently verified by three separate providers.
Real-time proof of reserves via ZKP, secure enclaves, and Merkle proofs.
EXndJ7qXKy…62YWP8Ccm4qmbAjG…haiWE88KjX6j1GiQ…Uq5h3x292fa76dc8…8073b5Independent accountant with full access to all operations, custodians, and execution venues.
Real-time access to the raw, unfiltered data at source, with no Tori system in between.
Protocol Control Addresses
Every privileged role and the address that holds it. None is a single key: Owner / Admin is a Gnosis Safe, verifiable on-chain; the others sit in MPC custody, where the provider enforces the quorum. Owner-level changes clear a timelock, and all activity is auditable on Etherscan.
On-chain Custodial Addresses
The protocol's verifiable Ethereum-mainnet contracts and custody addresses, each governed by a multi-signature quorum behind timelocks. Audit balances, signers and activity directly on Etherscan.
Data Source Connections
Every figure on this page is sourced from one or more verified connections. Each row shows how the data is retrieved and how often it refreshes.
About Accountable
Accountable is the new standard for real-time financial verification that allows institutions to prove assets and liabilities privately. Rather than trusting figures Tori self-reports, it independently verifies our backing by connecting directly to regulated banks and accounts, pulling balances and positions straight from source through data feeds that Tori does not control.
Accountable's solutions are not investment advice. Trading involves risk. Consult an advisor and do your own research. Unless stated otherwise, services are provided "as is" with no warranties. While Accountable facilitates access to verifiable data, Accountable does not guarantee the accuracy of entered data or its reliability. It is not liable for any claims or damages.
Important Notice
Information only. This page is information, not advice, an offer or a solicitation. It may be inaccurate, is provided as is without warranty, may change at any time, and no responsibility is accepted for reliance on it. Eligibility and use are governed by the Terms of Service.
The figures. Figures are point-in-time, sampled rather than continuous, and may be cached or delayed. They come from third-party custodians, banks, exchanges and market-data providers, are unaudited unless a signed report says otherwise, and may be restated. Cover, market-depth, maturity and time-to-cash figures describe markets and instruments in current conditions, not a promise that a position can be sold at a given price or time, in stress or at all.
What Accountable proves. Accountable continuously proves how each figure it covers was computed, and that the data came directly from custodians, banks and exchanges. That is a proof of computation and provenance, not of an asset's existence or value.
HT Digital and RockawayX. Both hold direct access to the source records. Neither has published an attestation on the figures shown here.
Risk and terms. trUSD and strUSD carry risk, including loss of value. See the Risk Disclosures and the trUSD Terms. The Terms of Service prevail over this page.