We are not tracking offchain positions or non EVM chains

Ask about Midas RWA
Logo of Midas RWAMidas RWA
Total Value Locked$105.34m

TVL by Chain

Ethereum$78.71m

Plasma$12.87m

Monad$5.24m

Arbitrum$5.23m

Hyperliquid L1$2.29m

Etherlink$434,647

Base$406,713

Plume Mainnet$101,878

Rootstock$23,177

Flare$20,986

BSC$7,641

Katana$5,615

OP Mainnet$4,922

Linea$1,170

Sonic$1,124

Unichain$463.45

Avalanche$258.15

TAC$254.74

Mantle$106.22

Ink$65.92

Celo$6.02

Sei$2.13

Berachain$0.96

0G$0.06

Polygon$0.02

XRPL EVM$0

Bitcoin$0

Solana$0

Oasis Sapphire$0

Scroll$0

Sui$0

Key Metrics

Fees (Annualized)$30.67m
Fees 30d$1.4m

Ethereum$1.32m

Monad$33,101

OP Mainnet$16,313

XRPL EVM$13,800

Plume Mainnet$7,186

Katana$4,481

Plasma$3,854

Base$1,325

Fees 7d$379,463

Ethereum$360,977

Monad$8,755

OP Mainnet$5,874

XRPL EVM$2,562

Plasma$1,011

Base$272

Plume Mainnet$12

Katana$0

Fees 24h$842

Ethereum$842

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Cumulative Fees$31.23m

Ethereum$32.65m

Plume Mainnet$1m

Plasma$401,374

Monad$319,845

Base$151,342

OP Mainnet$48,618

XRPL EVM$43,059

Katana$38,282

Revenue (Annualized)$208,342
Revenue 30d$4,054

Ethereum$4,054

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Revenue 7d$1,442

Ethereum$1,442

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Revenue 24h$842

Ethereum$842

Base$0

Katana$0

Monad$0

OP Mainnet$0

Plasma$0

Plume Mainnet$0

XRPL EVM$0

Cumulative Revenue$210,152

Ethereum$187,159

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 ($1.634b)Tether Gold ($3.008b)Ondo Yield Assets ($2.624b)BlackRock BUIDL ($3.026b)VNX ($5.43m)Circle USYC ($3.012b)Paxos Gold ($1.933b)Spiko ($1.152b)Ondo Global Markets ($1.059b)Ethena USDtb ($916.48m)