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StablecoinsUSDT$186.2B+0.01%USDC$74.6B-0.23%USDS$10.3B-0.11%DAI$4.7B+0.02%Government SecuritiesBUIDL$2.4B--USDY$2.2B-0.38%BENJI$874.8M--International YieldEUTBL$934.9M-0.69%USTBL$170.2M+0.04%CreditUSYC$3.1B+0.12%ONDO$1.6B-2.20%StocksSTRCX$135.1M+2.96%TSLAX$57.2M+1.76%NVDAX$35.1M+0.67%CommoditiesXAUT$2.6B+0.52%PAXG$1.9B+0.49%VEREM$8.4M+3.10%PE/VCBCAP$975.6M--StablecoinsUSDT$186.2B+0.01%USDC$74.6B-0.23%USDS$10.3B-0.11%DAI$4.7B+0.02%Government SecuritiesBUIDL$2.4B--USDY$2.2B-0.38%BENJI$874.8M--International YieldEUTBL$934.9M-0.69%USTBL$170.2M+0.04%CreditUSYC$3.1B+0.12%ONDO$1.6B-2.20%StocksSTRCX$135.1M+2.96%TSLAX$57.2M+1.76%NVDAX$35.1M+0.67%CommoditiesXAUT$2.6B+0.52%PAXG$1.9B+0.49%VEREM$8.4M+3.10%PE/VCBCAP$975.6M--
MARKETS · RANKING

The T-Mines Ranking System.

Every issuer and Token Note earns a rank — a seven-tier mining-equipment grade that signals how verified, liquid, and institutionally held it is. Ranks rise as a project moves from first listing to flagship status, and the badge appears beside the note everywhere it trades.

Tiers — lowest to highest

7 grades
Tier 1
Shovel
Listed
New listing — entity verified, KYM diligence underway. First Token Note drafted, not yet seasoned.
Tier 2
Pickaxe
Verified
KYM complete and mine verified. Token Note issued; small primary raise, limited float.
Tier 3
Drill
Producing
Producing or development-stage project with audited financials. Active primary offering, growing holder base.
Tier 4
Water Pump
Liquid
Seasoned notes with consistent secondary trading. Reg S window cleared; cross-track transfers enabled.
Tier 5
Excavator
Institutional
Institutional and QIB participation. Deep order interest, tight spreads, multiple market makers.
Tier 6
Dragline
Scaled
Multiple live Token Notes across projects. High dollar volume, broad accredited and institutional registry.
Tier 7
Bucket-Wheel
Flagship
Apex issuer — highest verification, liquidity, and disclosure standard. Reference-grade note on the platform.

How a rank is assigned

Four weighted factors set the tier. Ranks are reviewed continuously and move as a project’s standing changes.

01
Verification
How far the project has progressed through KYM — title, resource statement, audit, and custody confirmation.
02
Liquidity
Secondary-market depth: order interest, spread, traded volume, and number of active market makers.
03
Holder base
Breadth and quality of the registry — accredited, institutional, and QIB participation across jurisdictions.
04
Disclosure
Cadence and completeness of ongoing reporting to the on-chain registry and investor dashboards.
Want to raise your rank?
Complete KYM, season your notes, and broaden your registry. Start onboarding to put a project on the ladder.