FILQ-A, issued by Fidelity Institutional Asset Management, is a tokenized money market fund interest representing shares of a U.S. dollar (USD) liquidity fund whose ownership may be recorded onchain as a secondary record alongside the transfer agent's official book-entry record [S1].

Holders receive a fund interest in a money market fund that invests in cash and U.S. Treasury securities consistent with Rule 2a-7, including U.S. Treasury bills, and seeks current income consistent with capital preservation and liquidity [S1][S2]. Yield derives from the fund's holdings of U.S. Treasury and cash assets within the 2a-7 structure, with returns capitalised into the share value rather than distributed [S1]. The fetched fund pages reference an expenses and fees section without rendering numeric management fee values [S1][S2].

The product is part of Fidelity's Money Market Funds line, advised by Fidelity Institutional Asset Management and distributed by Fidelity Distributors Company LLC, a registered broker-dealer, in the United States [S1][S2]. It is a SEC-registered money market fund governed by Rule 2a-7 under the Investment Company Act of 1940 [S1][S2]. The holder owns shares of the fund, and for the onchain class the transfer agent's book-entry record is the official ownership record, with the blockchain serving only as a secondary record [S1]. Shares are redeemable per standard 2a-7 mechanics, and the fund maintains regulatory daily and weekly liquidity buffers [S1]. These are institutional money market fund products [S2].

The onchain share class is recorded on a public blockchain, currently Ethereum, via an onchain interest token representing the fund's share class [S1]. The transfer agent maintains the official book-entry record and reconciles the secondary blockchain record at least daily, and the blockchain recording does not affect the fund's investments [S1].

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  retrievedAt="2026-06-21"
  items={[
    { id: "S1", url: "https://institutional.fidelity.com/app/funds-and-products/9053/fidelity-treasury-digital-fund-onchain-class-fyoxx.html" },
    { id: "S2", url: "https://institutional.fidelity.com/app/fund/sasid/details/9212.html" },
  ]}
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# Asset senders (weekly) methodology

## 1. Overview

`Asset senders (weekly)` is defined as the number of unique addresses that initiate asset transfers over a rolling 7-day period. For each tracked asset, outgoing transactions are analyzed to identify the addresses responsible for moving tokens. This metric is utilized as a key indicator of weekly user activity and transactional engagement for tokenized assets across various blockchain networks. By aggregating unique sending addresses within a moving 7-day window, short-term fluctuations are smoothed out to provide a clearer view of active adoption.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Other blockchain data**: Token transfer and withdrawal events from Aptos, Near, Polkadot Asset Hub, Stellar, Sui, Ripple, and others
- **Asset metadata**: Token contract addresses and asset mapping datasets

## 3. Step-by-step calculation

### Component A: Extraction of daily sending addresses

- **Purpose**: Identify and extract unique addresses initiating token transfers on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from ERC-20 token transfers where the sender address is not the null address. On Solana, sending addresses are identified from token transfer instructions using the authority address. On Aptos, Sui, Cardano, and Stellar Classic, sending addresses are retrieved from token withdrawal events. On Stellar Soroban, transfers are parsed from Soroban token transfer events, excluding mint transactions where the sender address is null. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed to identify the sender. On Ripple, outgoing transfers are identified where the transaction value is negative. On Near and Injective, sending addresses are extracted from token transfer events where the sender address is populated.
- **Key fields**: `timestamp` (block time truncated to the day), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Rolling 7-day window aggregation

- **Purpose**: Aggregate daily active senders into a rolling 7-day window to calculate weekly activity.
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a rolling 7-day window is constructed by looking back at the preceding six days. Daily unique sending addresses are mapped to each active window based on their transaction timestamps.
- **Key fields**: `timestamp` (the reference day for the rolling window), `token_address` (the asset identifier), `sender_address` (the address active within the window)

### Component C: Final deduplication and aggregation

- **Purpose**: Calculate the final weekly unique sender count per asset and chain.
- **Logic**: Within each rolling 7-day window, sending addresses are deduplicated to ensure each unique address is counted only once per asset, regardless of transaction frequency. The deduplicated counts are aggregated at both the individual chain level and the global asset level. Missing dates are filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (the reference day), `chain_id` (the blockchain identifier), `token_address` (the asset contract address), `asset_senders_weekly` (the count of unique weekly sending addresses)

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

Unique asset senders over a rolling 7-day window.

Asset senders (weekly)

Tokenized funds

Fidelity-issued tokens are deployed on regulated tokenization platforms (e.g., Sygnum Desygnate) and represent fractional interests in underlying money-market and treasury portfolios, with NAV mechanics managed by Fidelity Asset Management.

Fidelity issues tokenized money-market and digital-asset products through Fidelity International and Fidelity Digital Assets, including the USD Digital Liquidity Fund (FILQ) and the Fidelity Digital Dollar stablecoin.

Fidelity Investments is one of the world's largest financial services providers, managing over $14 trillion in assets for institutional and retail clients globally.

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Real-world asset (RWA) issuers

Fidelity

Fidelity USD Digital Liquidity Fund (Accumulating) (FILQ-A) is a tokenized fund share issued by Fidelity through Fidelity International Strategies Funds SPC and managed by FIL Fund Management Limited.

Each token is a direct claim on the issuer.

The fund is open-ended and invests in money market instruments.

Its assets sit with J.P. Morgan SE, Dublin Branch, administered by JPMorgan Administration Services (Ireland) Limited, with Apex Fund Services (Malta) Limited as transfer agent and Deloitte & Touche LLP as auditor.

Professional investors, institutions, and qualified investors can subscribe and redeem in USD, with a USD 100,000 minimum and instant subscription settlement after completing KYC, and holders have a right to redeem at net asset value with same- or next-business-day settlement.

Fidelity International Strategies Funds SPC is incorporated in the Cayman Islands, is managed under the EU AIFMD framework, is registered in the Cayman Islands, and is supervised by the Cayman Islands Monetary Authority (CIMA).

Holder terms are governed by the law of the Cayman Islands.

FILQ-A has been issued on Ethereum as an ERC-20 token since May 2026.

Fidelity USD Digital Liquidity Fund (Accumulating)FILQ-A