PROTOTYPE — simulated environment on Base Sepolia testnet. No real funds, no regulated activity. Built by Veridian Protocol Technologies for demonstration to prospective acquirers.
DRHM

Transparency dashboard

Reserve composition, supply, vault performance and treasury activity. Simulated data, refreshed continuously — the production design updates every 15 minutes from custodian attestations.

Simulated environment
DRHM supply
512.41M
AED-pegged 1:1
Insurance fund
AED 50.00M
first-loss buffer
Perp funding (annualised)
2.67%
delta-neutral hedge book
Mint / redeem status
OPEN
all systems normal

Reserve composition

UAE Sovereign Sukuk70.2%
Liquid AED / Bank Deposits15.0%
DMCC Tokenized Gold8.0%
Delta-Neutral Perp Hedge1.8%
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

21 Aug22 Sept

Perp funding rate (annualised %) — 30 days

31 Oct05 Nov

Vault performance

VaultReserve mixShare priceTVL (DRHM)Current APY
sDRHM-C95% sukuk · 5% gold1.00990082.81M5.73%
sDRHM-B80% sukuk · 10% perp · 10% gold/TF1.022127218.74M10.91%
sDRHM-A50% sukuk · 30% perp · 20% RWA1.03838342.58M20.15%
DRT100% T-bills & sukuk1.00924396.89M4.14%

Treasury activity — AI agent & operator

AI agent
REBALANCE sukuk->perp
Funding rate 916 bps (elevated). Increasing perpetual hedge allocation by 0.50% within governance band (perp <= 20%).
14d ago
AI agent
REBALANCE sukuk->perp
Funding rate 907 bps (elevated). Increasing perpetual hedge allocation by 0.24% within governance band (perp <= 20%).
14d ago
AI agent
REBALANCE sukuk->perp
Funding rate 924 bps (elevated). Increasing perpetual hedge allocation by 0.39% within governance band (perp <= 20%).
15d ago
AI agent
REBALANCE sukuk->perp
Funding rate 921 bps (elevated). Increasing perpetual hedge allocation by 0.64% within governance band (perp <= 20%).
15d ago
AI agent
REBALANCE perp->sukuk
Funding rate -215 bps (negative). Shifting 0.52% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
31d ago
AI agent
REBALANCE perp->sukuk
Funding rate -173 bps (negative). Shifting 0.53% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
31d ago
AI agent
REBALANCE perp->sukuk
Funding rate -149 bps (negative). Shifting 0.60% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
31d ago
AI agent
REBALANCE perp->sukuk
Funding rate -140 bps (negative). Shifting 0.57% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
31d ago
AI agent
REBALANCE perp->sukuk
Funding rate -100 bps (negative). Shifting 0.74% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
32d ago
AI agent
REBALANCE perp->sukuk
Funding rate -61 bps (negative). Shifting 0.76% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
32d ago
AI agent
REBALANCE perp->sukuk
Funding rate -103 bps (negative). Shifting 0.42% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
32d ago
AI agent
REBALANCE perp->sukuk
Funding rate -104 bps (negative). Shifting 0.47% of reserve from perpetual hedge to sovereign sukuk per bear-market floor policy.
32d 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).