Logo of Sky RWASky RWA(SKY)

Total Value Locked$72.24m

TVL by Chain

Ethereum$72.24m

Protocol Information

Real World Assets (RWAs) are a collateral type in the Maker Protocol which require legal entities to represent the MakerDAO in order to interact with real world counterparties in deals ratified by governance.

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Category:RWA

Sub Category: Treasury Bills

Methodology

TVL: Counts all the tokens being used as collateral of CDPs. On the technical level, we get all the collateral tokens by fetching events, get the amounts locked by calling balanceOf() directly, unwrap any uniswap LP tokens and then get the price of each token from coingeckoView code on GitHub

Competitors

Ondo Global Markets ($957.56m)Invesco USTB ($547.5m)Ethena USDtb ($482.99m)Re ($374.74m)Huma Finance V2 ($354.58m)Anemoy Capital ($350.14m)OpenTrade ($265.13m)Plume Vaults ($207.68m)DigiFT ($193.63m)Theo Network thUSD ($134.61m)

Frequently Asked Questions

What is Sky RWA's TVL?

Sky RWA currently has $72.24m in total value locked. TVL has decreased 2.1% over the past 30 days.

What chains does Sky RWA operate on?

Sky RWA operates on Ethereum. Ethereum holds the largest share at 100%.

How does Sky RWA's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Sky RWA ranks #19 by TVL. The category holds $5.788b across 171 protocols, and Sky RWA accounts for 1.2% of that total. Other leading protocols include Ondo Global Markets, Invesco USTB, Ethena USDtb, Re, Huma Finance V2, Anemoy Capital, OpenTrade, Plume Vaults, DigiFT, and Theo Network thUSD.