Theo Network thBill · Ethereum

THBILL

Overview

The Theo Network thBill pool on Ethereum provides yield exposure to THBILL, a real-world asset token representing short-term US Treasury bills. The pool generates a base APY of 3.62%, with no additional reward incentives, for a total APY of 3.62%. Over the past 30 days, APY has remained relatively stable with a modest positive shift of 0.46%, though the 7-day trend shows a slight decline of 0.11%.

The pool holds USD 124.3 million in total value locked. Since this is a single-asset position in THBILL rather than a multi-asset pair, there is no impermanent loss exposure. The primary risk consideration is smart-contract risk inherent to the protocol itself. The model predicts a 71% probability the pool will remain stable or increase in value.

Composed 2026-05-18 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 2.25%; 30-day mean is 2.44%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 61% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.