Ask about Mu Digital
Logo of Mu DigitalMu Digital
Total Value Locked$17.3m

TVL by Chain

Monad$17.3m

Key Metrics

Fees (Annualized)$1.23m
Fees 30d$11,145

Ethereum$10,292

Monad$853

Fees 7d$0

Ethereum$0

Monad$0

Fees 24h$0

Ethereum$0

Monad$0

Cumulative Fees$434,211

Monad$220,186

Ethereum$214,025

Revenue (Annualized)$122,909
Revenue 30d$1,121

Ethereum$1,035

Monad$85

Revenue 7d$0

Ethereum$0

Monad$0

Revenue 24h$0

Ethereum$0

Monad$0

Cumulative Revenue$43,439

Monad$22,015

Ethereum$21,422

Total Raised$1.5m

Nov 19, 2025$1.5mRound: Pre-SeedInvestors: CMS Holdings, Signum Capital, UOB Venture Management, Cointelegraph, Echo

Protocol Information

Mu Digital is a protocol focused on bringing Asia based fixed income assets onchain through tokenization. The platform structures credit products, such as government bonds, corporate bonds and private credit, into two onchain tokens. AZND (Asia Dollar) represents the senior tranche backed by underlying credit assets. muBOND represents a junior tranche designed to absorb portfolio level volatility.

CategoryRWA

Sub Category: Private Credit, Other Fixed Income

Audits:

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total yield generated by Mu Digital strategies, including yield distributed to holders and performance fees retained by the protocol.View code on GitHubRevenue: 10% performance fee applied to realized yield. The protocol charges no management fees and mint/redeem fees are currently zero.View code on GitHub

Yields

Pools Tracked4

Average APY0%

Competitors

Tether Gold ($2.947b)Centrifuge Protocol ($1.638b)Midas RWA ($112.97m)Etherfuse ($716,081)