aBNO, issued by Anchored Capital Ltd, is a tokenized commodity-exposure instrument that provides economic exposure to shares of the United States Brent Oil Fund LP (BNO), a U.S.-listed exchange-traded fund tracking the price of Brent crude oil [S1][S2].

Each token is backed 1:1 by BNO shares held through a licensed U.S. broker-dealer, delivering price-tracking economic exposure to the fund [S3][S4][S5]. Because this commodity ETF tracker generally does not distribute income, returns are effectively price-tracking, and only actual underlying distributions are passed through to holders in USD Coin (USDC) net of taxes, fees and operational costs [S2][S6]. Holders bear a buy or mint fee of 10 bps and a withdrawal fee of 21 bps, with no deposit fee [S7].

Anchored Capital Ltd is incorporated in the British Virgin Islands, with underlying assets ring-fenced inside Anchored Finance SPC, a Cayman Islands segregated portfolio company registered with the Cayman Islands Monetary Authority; Anchored Advisors Ltd operates as a British Virgin Islands Financial Services Commission (FSC) Approved Manager [S1][S8][S3]. Tokens represent economic exposure only, conferring no voting rights or direct claim to the underlying [S9][S4]. Access is restricted to non-U.S. professional or qualified investors under Regulation S following KYC and KYB, with U.S. persons prohibited [S10]. Assets sit in a bankruptcy-remote segregated portfolio ring-fenced from Anchored's creditors [S4].

aBNO follows the ERC-20 standard with 18 decimals and deploys natively on Ethereum, Base, Arbitrum and Monad using the same contract address on every network [S2][S3]. Tokens are minted after settlement authorization against USDC and redeemed onchain by burning tokens for USDC, subject to compliance checks [S11]. Reserves are attested by Accountable and refreshed every 15 minutes [S5].

<Sources
  retrievedAt="2026-09-02"
  items={[
    { id: "S1", url: "https://anchored.finance/" },
    { id: "S2", url: "https://docs.anchored.finance/getting-started/anchored-tokens.md" },
    { id: "S3", url: "https://docs.anchored.finance/general/faqs" },
    { id: "S4", url: "https://docs.anchored.finance/" },
    { id: "S5", url: "https://docs.anchored.finance/general/trust-and-transparency.md" },
    { id: "S6", url: "https://docs.anchored.finance/getting-started/corporate-actions.md" },
    { id: "S7", url: "https://docs.anchored.finance/getting-started/fees-and-taxes.md" },
    { id: "S8", url: "https://anchored.finance/terms" },
    { id: "S9", url: "https://docs.anchored.finance/getting-started/quickstart" },
    { id: "S10", url: "https://docs.anchored.finance/getting-started/eligibility.md" },
    { id: "S11", url: "https://docs.anchored.finance/getting-started/investment-and-redemption.md" },
  ]}
/>


# Asset senders (daily) methodology

## 1. Overview

Asset senders (daily) is calculated as the number of unique addresses that initiate asset transfers within a fixed 24-hour window. Daily activity is measured from 00:00 UTC to 23:59 UTC for each tracked asset. Active transactors are isolated from passive recipients by identifying only the sending addresses of transactions. This metric is utilized to evaluate the daily active user base and transaction utility of tokenized assets across multiple blockchain networks.

## 2. Data sources

- **EVM chain events**: ERC-20 `Transfer` events, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions, covering Solana
- **Aptos, Cardano, Stellar Classic, and Sui events**: Token withdraw events, covering Aptos, Cardano, Stellar, and Sui
- **Near, Algorand, Injective, Ripple, and Stellar Soroban events**: Token transfer events, covering Near, Algorand, Injective, Ripple, and Stellar
- **Polkadot Asset Hub events**: `Transferred` events from the `assets` pallet, covering Polkadot Asset Hub
- **Asset metadata**: Token addresses and chain configurations

## 3. Step-by-step calculation

### Component A: Extract sender addresses

- **Purpose**: Identify and extract the unique sending addresses for each asset transfer across all supported chains.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from the `from` field of ERC-20 `Transfer` events, excluding the zero address to filter out mint transactions. On Solana, sending addresses are extracted from the authority address field of token transfer instructions. On Aptos, Cardano, Stellar Classic, and Sui, sending addresses are identified from the account address field of token withdraw events. On Near, Algorand, Injective, and Stellar Soroban, sending addresses are extracted from the sender address field of token transfer events, with null addresses excluded. On Ripple, sending addresses are extracted from token transfer events where the transfer value is negative. On Polkadot Asset Hub, sending addresses are extracted from the event data of `Transferred` events emitted by the `assets` pallet.
- **Key fields**: `timestamp` (block timestamp truncated to daily grain), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Consolidate and deduplicate sender data

- **Purpose**: Aggregate sender addresses across all chains and prepare the dataset for daily unique counting.
- **Logic**: Sender records from all individual chains are consolidated into a unified dataset. For each asset on each chain, the sending addresses are grouped by day. To prevent double-counting, duplicate sender addresses for the same asset on the same chain within the same 24-hour window are removed.
- **Key fields**: `timestamp` (daily timestamp), `chain_id` (blockchain identifier), `token_address` (asset address), `sender_address` (unique sending address)

### Component C: Final aggregation

- **Purpose**: Calculate the final daily active sender count per asset and per chain.
- **Logic**: The consolidated dataset is aggregated to compute the daily active senders. Unique sending addresses are counted for each asset on a daily basis, both at the individual chain level and aggregated across all chains for multi-chain assets. If no transfer activity is recorded for a tracked asset on a given day, the daily sender count is filled with zero values.
- **Key fields**: `timestamp` (daily timestamp), `chain_id` (blockchain identifier), `token_address` (asset address), `asset_dau` (daily active senders count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a fixed 24-hour window.

Asset senders (daily)

Tokenized commodities

Shares backing the tokens are bought and custodied through a licensed U.S. broker-dealer, which Anchored does not name in its public documentation, and Accountable publishes a proof-of-reserves feed against those holdings that refreshes every 15 minutes. Distribution runs through the app.anchored.finance front end and DEX venues on the four supported chains. Anchored Capital Ltd, the issuing entity, holds no disclosed securities-issuance licence or MiCA authorization; the regulated custody and execution leg sits with the broker-dealer.

Anchored issues aStocks — ERC-20 tokens that track the price of a single underlying stock, ETF or exchange-traded product on a 1:1 basis. Each token is deployed as a BeaconProxy from a single factory contract at the same deterministic address on Ethereum, Base, Arbitrum and Monad, so one aStock is one address across all four chains. Tokens are explicitly not the underlying shares and carry no voting or dividend rights; eligible onboarded users hold a redemption right against the issuer. The catalog spans large-cap US equities, sector and thematic ETFs, leveraged and inverse ETFs, precious-metal and oil trusts, and pre-IPO names.

Anchored is a tokenization platform issuing on-chain trackers of US-listed equities and exchange-traded products, branded aStocks. The group splits four entities across the British Virgin Islands and the Cayman Islands: Anchored Capital Ltd is the token issuer and operates the Anchored dApp; Anchored Finance SPC is the fund vehicle, which the issuer describes as a CIMA registered segregated portfolio company; Anchored Advisors Ltd is a BVI FSC Approved Manager, confirmed on the regulator's public register; and Anchored Labs Ltd provides technology and services and operates the anchored.finance website. Each entity carries a different regulatory status, so the entity behind a given product is set by that product's documentation.

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Real-world asset (RWA) issuers

Anchored

US Brent Oil Fund aStock (aBNO) is a token tracking Brent crude oil, backed by dedicated collateral, issued by Anchored through Anchored Capital Ltd.

Each token tracks Brent crude oil and is a collateral-backed contractual exposure rather than a direct claim on the issuer.

The backing metal is held in vaults operated by Alpaca Securities LLC on a segregated, bankruptcy-remote basis and is attested by Accountable.

Professional investors, accredited investors, qualified investors, and institutions can mint and redeem directly with Anchored after completing KYC, and holders have a contractual right to redeem.

Anchored Capital Ltd is incorporated in the British Virgin Islands and is offered under an SEC Regulation S exemption.

aBNO has been issued on public blockchains since April 2026 and is native to Monad, Base, Arbitrum One, Ethereum, and Robinhood Chain.

US Brent Oil Fund aStockaBNO