Transparency dashboard
Reserve composition, supply, vault performance and treasury activity. Simulated data, refreshed continuously — the production design updates every 15 minutes from custodian attestations.
DRHM supply
512.40M
AED-pegged 1:1
Insurance fund
AED 50.00M
first-loss buffer
Perp funding (annualised)
8.53%
delta-neutral hedge book
Mint / redeem status
OPEN
all systems normal
Reserve composition
62%
15%
10%
UAE Sovereign Sukuk62.0%
Liquid AED / Bank Deposits15.0%
DMCC Tokenized Gold8.0%
Delta-Neutral Perp Hedge10.0%
Dubai RE Tokens2.0%
Trade Finance Receivables3.0%
Reserve policy: ≥55% AED-denominated sovereign instruments at all times, ≥10% liquid AED buffer for immediate redemption, ≤20% delta-neutral perpetual hedge. RWA sleeves (DMCC gold, trade finance receivables, Dubai real-estate tokens) are LTV-gated with independent NAV attestation.
DRHM supply — 30 days
Perp funding rate (annualised %) — 30 days
Vault performance
| Vault | Reserve mix | Share price | TVL (DRHM) | Current APY |
|---|---|---|---|---|
| sDRHM-C | 95% sukuk · 5% gold | 1.004112 | 82.34M | 4.91% |
| sDRHM-B | 80% sukuk · 10% perp · 10% gold/TF | 1.008923 | 215.91M | 9.76% |
| sDRHM-A | 50% sukuk · 30% perp · 20% RWA | 1.015243 | 41.62M | 18.00% |
| DRT | 100% T-bills & sukuk | 1.003711 | 96.36M | 4.92% |
Treasury activity — AI agent & operator
AI agent
REBALANCE sukuk->perp
Funding rate 980 bps (elevated). Increased perpetual hedge allocation by 0.4%.
2d ago
AI agent
GOLD LEASE RENEWAL
DMCC gold storage lease renewed at 1.6% APY on 41,200 oz tokenized.
5d ago
Operator
INSURANCE FUND TOP-UP
Monthly protocol revenue transfer: AED 1.9M to Insurance Fund.
8d ago
AI agent
REBALANCE perp->sukuk
Funding decay detected (312 bps, falling). Trimmed perp exposure 0.3%.
11d ago
AI agent
TRADE FINANCE ROLL
Rolled AED 12.4M of 90-day Jebel Ali receivables at 9.1% gross (senior tranche).
14d ago
AI agent
REBALANCE sukuk->perp
Funding rate 1040 bps. Increased perp hedge 0.5%; sukuk floor maintained at 62%.
18d ago
AI agent
VAULT APY ADJUST
sDRHM-B realised 7-day yield 9.4% vs 9.6% target. Rebalanced vault reserve mix.
21d ago
Operator
MANUAL ALLOCATION
Quarterly SSB review applied: gold ceiling reaffirmed at 10%.
24d ago
AI agent
REBALANCE perp->sukuk
Funding rate -85 bps for 14h. De-risking 0.6% to sovereign sukuk per bear-floor policy.
26d ago
AI agent
REBALANCE sukuk->perp
Funding rate 1120 bps (elevated). Increased perpetual hedge by 0.4% within governance band.
29d ago
The AI treasury agent operates strictly within governance-approved allocation bands; out-of-bounds actions require a Protocol Council vote with a 24-hour timelock (production design).