diff --git a/contracts/tokens/ERC20Rebasing.sol b/contracts/tokens/ERC20Rebasing.sol
new file mode 100644
index 00000000..78787d69
--- /dev/null
+++ b/contracts/tokens/ERC20Rebasing.sol
@@ -0,0 +1,92 @@
+// SPDX-License-Identifier: MIT
+
+pragma solidity ^0.8.20;
+
+import { IERC20           } from "@openzeppelin/contracts/interfaces/IERC20.sol";
+import { IERC1363Receiver } from "@openzeppelin/contracts/interfaces/IERC1363Receiver.sol";
+import { IERC4626         } from "@openzeppelin/contracts/interfaces/IERC4626.sol";
+import { Math             } from "@openzeppelin/contracts/utils/math/Math.sol";
+import { ERC20            } from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
+import { ERC4626          } from "@openzeppelin/contracts/token/ERC20/extensions/ERC4626.sol";
+
+abstract contract ERC20Rebasing is ERC4626, IERC1363Receiver
+{
+    using Math for uint256;
+
+    // Must be implemented depending on the choice of oracle
+    function _getPrice() internal view virtual returns (uint256 price, uint256 denom);
+
+    /****************************************************************************************************************
+     *                                        Copy underlying token settings                                        *
+     ****************************************************************************************************************/
+    function onTransferReceived(
+        address, /*operator*/
+        address from,
+        uint256 assets, /*amount*/
+        bytes calldata data
+    ) external virtual returns (bytes4) {
+        require(msg.sender == asset());
+
+        // decode data
+        (address receiver) = data.length < 0x20 ? (from) : address(bytes20(data[0:20]));
+
+        // check max deposit
+        uint256 maxAssets = maxDeposit(receiver);
+        if (assets > maxAssets) {
+            revert ERC4626ExceededMaxDeposit(receiver, assets, maxAssets);
+        }
+
+        // compute shares (rebasing), mint and emit event.
+        // cannot use `_deposit` here because `_deposit` handles the transfer of underlying assets.
+        uint256 shares = previewDeposit(assets);
+        _mint(receiver, shares);
+        emit Deposit(from, receiver, assets, shares);
+
+        return IERC1363Receiver.onTransferReceived.selector;
+    }
+
+    /****************************************************************************************************************
+     *                                        ERC-20 Overrides for rebasing                                         *
+     ****************************************************************************************************************/
+    // Rebase ERC20 balances and supply (stored in underlying)
+    function totalSupply() public view virtual override(IERC20, ERC20) returns (uint256) {
+        return _convertToShares(super.totalSupply(), Math.Rounding.Floor);
+    }
+
+    function balanceOf(address account) public view virtual override(IERC20, ERC20) returns (uint256) {
+        return _convertToShares(super.balanceOf(account), Math.Rounding.Floor);
+    }
+
+    // Update ERC20 movements (labeled in rebasing, executed in underlying)
+    function _update(address from, address to, uint256 value) internal virtual override {
+        super._update(
+            from,
+            to,
+            _convertToAssets(
+                value,
+                (
+                    msg.sig == IERC4626.deposit.selector ||
+                    msg.sig == IERC4626.redeem.selector ||
+                    msg.sig == IERC1363Receiver.onTransferReceived.selector
+                )
+                    ? Math.Rounding.Floor
+                    : Math.Rounding.Ceil
+            )
+        );
+    }
+
+    /****************************************************************************************************************
+     *                                          ERC-4626 Conversion rates                                           *
+     ****************************************************************************************************************/
+    // underlying to rebasing
+    function _convertToShares(uint256 assets, Math.Rounding rounding) internal view virtual override returns (uint256) {
+        (uint256 price, uint256 denom) = _getPrice();
+        return assets.mulDiv(price, denom, rounding);
+    }
+
+    // rebasing to underlying
+    function _convertToAssets(uint256 shares, Math.Rounding rounding) internal view virtual override returns (uint256) {
+        (uint256 price, uint256 denom) = _getPrice();
+        return shares.mulDiv(denom, price, rounding);
+    }
+}