All
Bond & MMF Funds
Gold & Commodities
Private Credit
Stocks & Equities
Crypto Funds
Real Estate
ETFs
RWA Wrappers
Carbon & Environment
Non-RWA Stablecoins
Governance Tokens
RWA Stablecoins
Fiat Stablecoins
Other RWAs
AllBond & MMF FundsGold & CommoditiesPrivate CreditStocks & EquitiesCrypto FundsReal EstateETFsRWA WrappersCarbon & EnvironmentNon-RWA StablecoinsGovernance TokensRWA StablecoinsFiat StablecoinsOther RWAs
All
Bond & MMF Funds
Gold & Commodities
Private Credit
Stocks & Equities
Crypto Funds
Real Estate
ETFs
RWA Wrappers
Carbon & Environment
Non-RWA Stablecoins
Governance Tokens
RWA Stablecoins
Fiat Stablecoins
Other RWAs
Total RWA Active Mcap$15.288b
Total RWA Onchain Mcap$17.22b
DeFi Active TVL$997.7m
Total Asset Issuers52
Assets Rankings
| Name | Asset Group | Platform | Category | Asset Class | Access Model | Type | RWA Classification | Issuer | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US Yield CoinUSYC | $1.13 | Bonds | $3.13b | $3.13b | $33.08m | 1.05% | Circle | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Hashnote International Short Duration Yield Fund Ltd | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| BlackRock BUIDLBUIDL | $1 | Bonds | $3.013b | $3.013b | $18.65m | 0.61% | Securitize | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | BlackRock USD Institutional Digital Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Ondo US Dollar YieldUSDY | $1.14 | Bonds | $1.399b | $2.159b | $21.74m | 1.55% | 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 | $1.11 | Bonds | $866.77m | $875.11m | $0 | 0% | Centrifuge | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Anemoy Capital SPC Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| Franklin OnChain U.S. Government Money Fund (BENJI)BENJI | $1 | Bonds | $811.65m | $811.65m | $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 | |
| BlackRock USD Institutional Digital Liquidity Fund - I ClassBUIDL-I | $1 | Bonds | $713.55m | $830.37m | $0 | 0% | Securitize | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | BlackRock USD Institutional Digital Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| WisdomTree Treasury Money Market Digital FundWTGXX | $1 | Bonds | $654.64m | $764.37m | $67.23m | 10.27% | WisdomTree | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | WisdomTree Digital Trust | Yes | Yes | Yes | Yes | Yes | Yes | |
| Superstate USTBUSTB | $11.12 | Bonds | $642.32m | $847.56m | $164.06m | 25.54% | Superstate | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Superstate Trust – Superstate USTB Money Market Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko Amundi Overnight Swap Fund (EUR)eurSAFO | $1.15 | Bonds | $591.4m | $591.4m | $0 | 0% | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko EU T-Bills Money Market FundEUTBL | $1.2 | Bonds | $588.07m | $588.07m | $3.45m | 0.58% | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko | Yes | Yes | Yes | Yes | Yes | Yes | |
| ChinaAMC USD Digital Money Market Fund Class I USDCUMIU | $103.48 | Bonds | $548.58m | $548.58m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Janus Henderson Anemoy AAA CLO FundJAAA | $1.04 | Bonds | $413.3m | $881.86m | $411.29m | 99.51% | Centrifuge | Bond & MMF Funds, Private Credit | Corp Bond Fund | Permissioned | Asset | RWA | Anemoy Capital SPC Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| Ondo OUSGOUSG | $115.66 | Bonds | $168.06m | $172.14m | $38.9m | 23.14% | 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 | $1.09 | Bonds | $160.61m | $160.61m | $6.3m | 3.91% | Spiko | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Spiko (Spiko SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Fidelity Digital Interest TokenFDIT | $1 | Bonds | $144.2m | $144.2m | $0 | 0% | Fidelity | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Fidelity Hereford Street Trust – Fidelity Treasury Digital Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko Amundi Overnight Swap Fund (USD)SAFO | $1.01 | Bonds | $138.72m | $138.72m | $0 | 0% | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Theo Network thBILLthBILL | $1.02 | Bonds | $123.96m | $123.96m | $42.59m | 34.36% | Theo | Bond & MMF Funds | T-Bills | Permissioned | Asset | Programmable Finance | Theo Protocol Corporation | No | Yes | Yes | Yes | Yes | Yes | |
| Franklin OnChain Institutional Liquidity Fund (iBENJI)iBENJI | $1 | Bonds | $114.31m | $114.31m | $0 | 0% | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin OnChain Institutional Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Bosera Liquidity Income Fund SPBELIF | $1 | Bonds | $102.54m | $102.54m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Bosera | Yes | No | Yes | Yes | Yes | Yes | |
| Securitize AAA CLO Tokenized Fund, LtdSTAC | $1,021 | Bonds | $102.31m | $102.31m | $0 | 0% | Securitize | Bond & MMF Funds | Corp Bond Fund | Permissioned | Asset | RWA | Securitize AAA CLO Tokenized Fund | Yes | No | Yes | Yes | Yes | Yes | |
| ULTRAULTRA | $1.05 | Bonds | $91.75m | $91.75m | $68.68m | 74.85% | Libeara | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Delta Master Trust – Delta Wellington Ultra Short Treasury On-Chain Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| ChinaAMC HKD Digital Money Market Fund Class A HKDCAMMF | $13.18 | Bonds | $91.1m | $91.1m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Superstate Crypto Carry FundUSCC | $11.62 | Crypto / Digital Assets | $87.76m | $93.52m | $75.7m | 86.25% | Superstate | Bond & MMF Funds, Other RWAs | Mixed RWA Fund | Permissioned | Asset | RWA | Superstate Asset Trust | Yes | Yes | Yes | Yes | Yes | Yes | |