Total RWA Active Mcap$16.4b
Total RWA Onchain Mcap$18.167b
DeFi Active TVL$886.01m
Total Asset Issuers55
Assets Rankings
| Name | Asset Group | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US Yield CoinUSYC | Bonds | $1.13 | $2.959b | $2.959b | $33.18m | 1.12% | - | - | Circle | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Hashnote International Short Duration Yield Fund Ltd | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| BlackRock BUIDLBUIDL | Bonds | $1 | $2.633b | $2.633b | $18.43m | 0.69% | - | - | Securitize | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | BlackRock USD Institutional Digital Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Franklin OnChain Institutional Liquidity Fund (iBENJI)iBENJI | Bonds | $1 | $1.515b | $1.515b | $0 | 0% | - | - | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin OnChain Institutional Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Ondo US Dollar YieldUSDY | Bonds | $1.14 | $1.398b | $2.158b | $20.81m | 1.48% | - | - | Ondo | Bond & MMF Funds | MMF, Yield RWA Stable | Permissioned | Asset | RWA | Ondo USDY LLC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Janus Henderson Anemoy Treasury FundJTRSY | Bonds | $1.11 | $867.13m | $875.43m | $0 | 0% | - | - | Centrifuge | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Anemoy Capital SPC Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| BlackRock USD Institutional Digital Liquidity Fund - I ClassBUIDL-I | Bonds | $1 | $850.38m | $962.46m | $0 | 0% | - | - | Securitize | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | BlackRock USD Institutional Digital Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko Amundi Overnight Swap Fund (EUR)eurSAFO | Bonds | $1.15 | $829.64m | $829.64m | $0 | 0% | - | - | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Franklin OnChain U.S. Government Money Fund (BENJI)BENJI | Bonds | $1 | $714.85m | $714.85m | $0 | 0% | - | - | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin Templeton Trust – Franklin OnChain U.S. Government Money Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| WisdomTree Treasury Money Market Digital FundWTGXX | Bonds | $1 | $654.96m | $765m | $67.42m | 10.29% | - | - | WisdomTree | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | WisdomTree Digital Trust | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko EU T-Bills Money Market FundEUTBL | Bonds | $1.21 | $624.28m | $624.28m | $3.6m | 0.57% | - | - | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko | Yes | Yes | Yes | Yes | Yes | Yes | |
| Superstate USTBUSTB | Bonds | $11.15 | $594.73m | $662.36m | $134.38m | 22.59% | - | - | Superstate | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Superstate Trust – Superstate USTB Money Market Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| ChinaAMC USD Digital Money Market Fund Class I USDCUMIU | Bonds | $103.77 | $550.14m | $550.14m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Janus Henderson Anemoy AAA CLO FundJAAA | Bonds | $1.04 | $417.47m | $887.13m | $415.24m | 99.46% | - | - | Centrifuge | Bond & MMF Funds, Private Credit | Corp Bond Fund | Permissioned | Asset | RWA | Anemoy Capital SPC Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| VanEck Treasury FundVBILL | Bonds | $1 | $191.84m | $191.84m | $7.1m | 3.70% | - | - | Securitize | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | VanEck Treasury Fund, Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Ondo OUSGOUSG | Bonds | $115.92 | $179.12m | $183.2m | $38.99m | 21.76% | - | - | Ondo | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Ondo I LP | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko US T-Bills Money Market FundUSTBL | Bonds | $1.09 | $160.77m | $160.77m | $6.31m | 3.92% | - | - | Spiko | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Spiko (Spiko SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko Amundi Overnight Swap Fund (USD)SAFO | Bonds | $1.01 | $144.05m | $144.05m | $0 | 0% | - | - | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Bosera Liquidity Income Fund SPBELIF | Bonds | $1 | $102.81m | $102.81m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Bosera | Yes | No | Yes | Yes | Yes | Yes | |
| Securitize AAA CLO Tokenized Fund, LtdSTAC | Bonds | $1,024 | $102.58m | $102.58m | $0 | 0% | - | - | Securitize | Bond & MMF Funds | Corp Bond Fund | Permissioned | Asset | RWA | Securitize AAA CLO Tokenized Fund | Yes | No | Yes | Yes | Yes | Yes | |
| Theo Network thBILLthBILL | Bonds | $1.02 | $100.1m | $100.1m | $38.99m | 38.94% | - | - | Theo | Bond & MMF Funds | T-Bills | Permissioned | Asset | Programmable Finance | Theo Protocol Corporation | No | Yes | Yes | Yes | Yes | Yes | |
| ChinaAMC HKD Digital Money Market Fund Class A HKDCAMMF | Bonds | $13.2 | $91.24m | $91.24m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| A&I CAMC RMB TMMFAICRT | Bonds | $0.15 | $74.46m | $74.46m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissionless | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | |||
| Fidelity Digital Interest TokenFDIT | Bonds | $1 | $73.8m | $73.8m | $0 | 0% | - | - | Fidelity | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Fidelity Hereford Street Trust – Fidelity Treasury Digital Fund | Yes | Yes | Yes | Yes | Yes | Yes |