We are not tracking offchain positions or non EVM chains

Ask about Midas RWA
Logo of Midas RWAMidas RWA
Total Value Locked$114.7m

TVL by Chain

Ethereum$89.41m

Plasma$11.67m

Arbitrum$5.27m

Hyperliquid L1$4.41m

Monad$2.86m

Base$605,634

Etherlink$358,001

Plume Mainnet$65,558

Rootstock$24,096

Flare$22,553

BSC$7,742

OP Mainnet$5,094

Solana$2,879

Linea$1,241

Sonic$1,019

Katana$912.12

Unichain$491.2

TAC$305.24

Avalanche$256.02

Mantle$183.03

Ink$69.2

Celo$6.58

Sei$2.49

Berachain$0.93

0G$0.05

Polygon$0.02

XRPL EVM$0

Oasis Sapphire$0

Scroll$0

Bitcoin$0

Sui$0

Key Metrics

Fees (Annualized)$31.25m
Fees 30d$1.57m

Ethereum$1.5m

Monad$36,739

OP Mainnet$13,584

XRPL EVM$11,211

Plasma$4,490

Katana$2,315

Base$1,174

Plume Mainnet$46

Fees 7d$368,080

Ethereum$357,173

Monad$7,994

XRPL EVM$1,625

Plasma$1,055

Base$221

Plume Mainnet$12

Katana$0

OP Mainnet$0

Fees 24h$86,819

Ethereum$81,909

Monad$3,344

XRPL EVM$962

Plasma$601

Plume Mainnet$3

Base$0

Katana$0

OP Mainnet$0

Cumulative Fees$31.87m

Ethereum$33.27m

Plume Mainnet$1m

Plasma$403,132

Monad$334,978

Base$151,651

OP Mainnet$48,618

XRPL EVM$45,361

Katana$38,282

Revenue (Annualized)$210,748
Revenue 30d$6,636

Ethereum$6,636

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Revenue 7d$175

Ethereum$175

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Revenue 24h$0

Base$0

Ethereum$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Cumulative Revenue$212,364

Ethereum$189,371

Plume Mainnet$22,990

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

XRPL EVM$0

Total Raised$63.75m

Mar 30, 2024$8.75mRound: Investors: BlockTower Capital, Framework Ventures, HV Capital, Coinbase Ventures, Ledger, GSR, Hack VC, 6th Man Ventures, Axelar, FJ Labs, PeerCapital

Dec 4, 2024$5mRound: GrantInvestors: Oasis Foundation

Mar 30, 2026$50mRound: Series AInvestors: RRE Ventures, Creandum, Framework Ventures, HV Capital, Cathay Ledger Fund, North Island Ventures, Coinbase Ventures, Franklin Templeton, GSR Markets

Protocol Information

Midas is an asset tokenization protocol bringing regulatory-compliant exposure to institutional-grade assets onchain, unlocking DeFi composability for real-world assets (RWA).

CategoryRWA

Sub Category: Treasury Bills

Audits:

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Net yield accrued to mToken holders (NAV appreciation) plus redemption and deposit fees (instant + request-based) charged by the protocol.View code on GitHubRevenue: Redemption and deposit fees collected by Midas from both instant and request-based operations. Management and performance fees are deducted before NAV publication.View code on GitHub

Competitors

Centrifuge Protocol ($1.635b)Tether Gold ($2.919b)Ondo Yield Assets ($2.591b)BlackRock BUIDL ($3.011b)VNX ($5.37m)Circle USYC ($3.13b)Paxos Gold ($1.849b)Spiko ($1.107b)Ondo Global Markets ($998.29m)Ethena USDtb ($919.83m)