Key Metrics
Fees 30d$24,492
Fees 30d by chain
Cardano$24,492
Fees 7d$8,090
Cardano$8,090
Fees 24h$8,090
Cardano$8,090
Cumulative Fees$32,582
Cardano$32,582
Revenue 30d$3,603
Revenue 30d by chain
Cardano$3,603
Revenue 7d$1,469
Cardano$1,469
Revenue 24h$1,469
Cardano$1,469
Cumulative Revenue$5,072
Cardano$5,072
Protocol Information
RWA protocol issuing USDrf, backed by a diversified portfolio of fixed-income and private-credit assets, with portfolio yield distributed to sUSDrf stakers.
Sub Category: Treasury Bills, Money Market Funds, Private Credit, Other Fixed Income
Methodology
Fees: Yield from RealFi's reserve portfolio (treasury bills, money market funds, CLO ETFs, floating-rate bonds and private credit), counted when it is minted on-chain as new USDrf at each weekly staking epoch, net of portfolio losses burned from the sUSDrf staking vault. Excludes income RealFi earns off-chain on unstaked USDrf reserves that is never minted on-chain. Mint and redeem fees are currently 0 bps.View code on GitHubRevenue: Share of each epoch's minted yield sent to the RealFi protocol fee address instead of the sUSDrf staking vault.View code on GitHubCompetitors
RealFi history
Fees and revenue by UTC calendar month, Sep 2026 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2026 | $4,466 | $391 |
| Oct 2026 (to date) | $28,116 | $4,681 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/realfi
Frequently asked questions
What chains does RealFi operate on?
RealFi operates on Cardano.
How much has RealFi generated in fees and revenue?
Over the past 30 days, RealFi generated $24,492 in fees. Of that, $3,603 was protocol revenue. Based on the trailing year, the annualized rate is $308,261 in fees and $59,777 in revenue.
How does RealFi's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, RealFi ranks #173 by TVL. The category holds $4.01b across 173 protocols, and RealFi accounts for 0% of that total. Other leading protocols include KAIO, Ethena USDtb, Re, Huma, Anemoy Capital, OnRe, USD AI, OpenTrade, Plume Vaults, and R25.

