1.47days of PURR volume to unwind the crowd98%of the XMR book on one side, across 28 vaults$2.07Bunder one key with no guardian, 91 of the 518 vaults whose control we have read$431.5Mwhose control we have never read, across 3,470 vaults$2.27Bsitting in vaults and not lent out$12.35Bunder 3,988 vaults we read$4.95Bin 355 vaults where we saw automated execution, nothing declared2,347vaults declared or on a venue built to run software, holding $937.6k349software-run vaults scored, 13% of them464operators identified behind them26networks where we read capital, from Ethereum to Cardano33,249,618deposits and withdrawals read from chain248changes recorded in the last day1,743,760ERC-8004 agent registrations read+15.94 up, ERC-8004 agent registrations read/ 30 days1,472,687distinct owners behind those registrations208,248registrations carrying a readable card, 12%3,513,282paid requests on the Olas rail (deliveries are counted apart)+0.67 up, paid requests on the Olas rail (deliveries are counted apart)/ 30 days101suppliers delivering that work413,906agent-to-agent jobs read on Base−0.7 down, agent-to-agent jobs read on Base/ 30 days$1.0Msettled between agents, all time1,179suppliers listed on the ACP rail186agents live on Cardano79Cardano agents deregistered, 30% of all ever minted17,858escrows between Cardano agents since Jun 2025, 156 still open84%of every agent payment we read comes from 809 addresses that never stop29,084addresses paid once and never came back, of 55,574 that ever paid738of those payers are an agent we can name, 1.328% of them267agent hosts answered when we asked, of 1,824 probed17,118agents sit behind a host that answers nothing at all455msmedian answer from the 563 hosts that answer37%of all agent ratings were written by ten addresses, of 836,802 ratings read155,132rated agents have exactly one rater, of 173,695 rated at all216,119service endpoints declared across 105,905 agent cards we read1.47days of PURR volume to unwind the crowd98%of the XMR book on one side, across 28 vaults$2.07Bunder one key with no guardian, 91 of the 518 vaults whose control we have read$431.5Mwhose control we have never read, across 3,470 vaults$2.27Bsitting in vaults and not lent out$12.35Bunder 3,988 vaults we read$4.95Bin 355 vaults where we saw automated execution, nothing declared2,347vaults declared or on a venue built to run software, holding $937.6k349software-run vaults scored, 13% of them464operators identified behind them26networks where we read capital, from Ethereum to Cardano33,249,618deposits and withdrawals read from chain248changes recorded in the last day1,743,760ERC-8004 agent registrations read+15.94 up, ERC-8004 agent registrations read/ 30 days1,472,687distinct owners behind those registrations208,248registrations carrying a readable card, 12%3,513,282paid requests on the Olas rail (deliveries are counted apart)+0.67 up, paid requests on the Olas rail (deliveries are counted apart)/ 30 days101suppliers delivering that work413,906agent-to-agent jobs read on Base−0.7 down, agent-to-agent jobs read on Base/ 30 days$1.0Msettled between agents, all time1,179suppliers listed on the ACP rail186agents live on Cardano79Cardano agents deregistered, 30% of all ever minted17,858escrows between Cardano agents since Jun 2025, 156 still open84%of every agent payment we read comes from 809 addresses that never stop29,084addresses paid once and never came back, of 55,574 that ever paid738of those payers are an agent we can name, 1.328% of them267agent hosts answered when we asked, of 1,824 probed17,118agents sit behind a host that answers nothing at all455msmedian answer from the 563 hosts that answer37%of all agent ratings were written by ten addresses, of 836,802 ratings read155,132rated agents have exactly one rater, of 173,695 rated at all216,119service endpoints declared across 105,905 agent cards we read
on Arbitrum only; circulating, from the issuer’s reserves report split by what we read on chain
Reference value
$45.27
api.backed.fi price-data (per share of the underlying), 12 November 2026, 10:31 UTC; not a tradable price
In issue on Arbitrum
$0.00
supply × reference value; $2.85M across 17 tokens
Share multiplier
—
ISIN US00246W1036 · issuer ISIN CH1588660683
Supply, figure by figure
On chain (total supply)
30,476.0748 · totalSupply() through Multicall3, block 523,538,002
Held by the issuer
30,476.0748 · api.backed.fi system wallets, balances read on chain
Estimated in circulation here
0 · this network’s part of the issuer’s reported circulating total, in proportion to what we read here less the issuer’s wallets
Issuer’s global circulating
2,514.8071 · api.backed.fi proof-of-reserves, 12 November 2026, 10:28 UTC
Units: tokens with the issuer’s multiplier applied in the balance. The value above is the estimate in circulation times the reference value.
Who holds it
Not read yet: on Arbitrum we rebuild holders from transfers for the 25 largest tokens, and publish them only once the rebuild reaches the current block. Absent here is not a token with no holders.
What a holder holds
Issuer
Backed Assets (JE) Limited, Jersey
Instrument
a tracker certificate on the share, backed one-to-one by shares a custodian holds
The holder’s claim
a tracker certificate: a debt claim on the Jersey issuer, secured by the shares, under its base prospectus; not ownership of the shares
Offered to
not read
Reserves
issuer reported · the issuer’s own figure; read by us, not verified by us or, as far as we know, by anyone else
Not read: who the token may be offered to or held by; redemption terms: who may redeem, minimum size, fees and timing; what happens to holders if the issuer fails (insolvency ranking). The issuer’s statements as we found them, not legal advice.
OFAC sanctions screening
No exact match
No exact match among the 5 addresses screened (control addresses), against the digital currency addresses on OFAC SDN of 2026-11-09, at this block. Not a finding that no sanctioned party is involved. No holder list is read for this network, so holders were not screened.
5 control addresses and 0 holders screened; list OFAC SDN, published 2026-11-09.
Backing, as the issuer reports it
Shares held
2,549
at Alpaca
Tokens circulating
2,515
every network together
Shares per token
1.0136
at or above one share each
Reported
12 November 2026, 10:28 UTC
the issuer’s proof-of-reserves
The issuer’s own report, not an audit by us. Supply on this network: this network’s part of the reported circulating supply, in proportion to the supply we read here less the issuer’s wallets.
Kind of evidence
issuer reported· the issuer’s own figure; read by us, not verified by us or, as far as we know, by anyone else
Verified by us
No
The holder’s claim
a tracker certificate: a debt claim on the Jersey issuer, secured by the shares, under its base prospectus; not ownership of the shares
Not paused now. Read from the token 10 November 2026, 23:40 UTC.
Paused now
tokenrunning
What the issuer can do by design
mint and burn (minter, burner roles)
pause (pauser role)
refuse transfers to sanctioned addresses (sanctionsList)
upgrade the token (proxy admin)
The documented powers of this contract family, not a reading of this token.
Where it trades on AArbitrum
No pool on Arbitrum where we look: not traded there as far as this source shows, not zero liquidity. Source: DexScreener, aggregating on-chain DEX pools on Arbitrum, read 10 November 2026, 23:41 UTC.
Return against the reference: 0 days with both prices since snapshots began on 12 November 2026; the return against the reference is stated from 7.
Not yet read for this token
Who else holds the admin, pause, seize and metadata roles, and whether each is a multisig.
The pools read on chain by us (today the figures above are an aggregator’s).
How much could be sold, and at what slippage.
Who holds it, and whether those holders are agents.