Total RWA Active Mcap$15.2b
Total RWA Onchain Mcap$16.986b
DeFi Active TVL$893.72m
Total Asset Issuers55
Assets Rankings
| Name | Asset Group | Platform | Category | Asset Class | Access Model | Type | RWA Classification | Issuer | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| US Yield CoinUSYC | Bonds | $1.13 | $3.003b | $3.003b | $33.17m | 1.10% | - | - | 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 | $2.884b | $2.884b | $18.69m | 0.64% | - | - | 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 | Bonds | $1.13 | $1.401b | $2.156b | $20.76m | 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 | $865.7m | $874m | $0 | 0% | - | - | Centrifuge | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Anemoy Capital SPC Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko Amundi Overnight Swap Fund (EUR)eurSAFO | Bonds | $1.15 | $829.79m | $829.79m | $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 | $744.17m | $744.17m | $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 | Bonds | $1 | $714.98m | $827.03m | $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 | Bonds | $1 | $654.94m | $764.98m | $67.42m | 10.29% | - | - | WisdomTree | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | WisdomTree Digital Trust | Yes | Yes | Yes | Yes | Yes | Yes | |
| Superstate USTBUSTB | Bonds | $11.14 | $608.7m | $680.1m | $140.06m | 23% | - | - | Superstate | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Superstate Trust – Superstate USTB Money Market Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko EU T-Bills Money Market FundEUTBL | Bonds | $1.2 | $596.54m | $596.54m | $3.59m | 0.60% | - | - | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko | Yes | Yes | Yes | Yes | Yes | Yes | |
| ChinaAMC USD Digital Money Market Fund Class I USDCUMIU | Bonds | $103.7 | $549.79m | $549.79m | $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 | $415.35m | $884.92m | $413.13m | 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 | $191.79m | $191.79m | $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 | $115.89 | $181.85m | $185.94m | $38.98m | 21.43% | - | - | 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 | $168.63m | $168.63m | $6.31m | 3.74% | - | - | 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 | $144.21m | $144.21m | $0 | 0% | - | - | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Franklin OnChain Institutional Liquidity Fund (iBENJI)iBENJI | Bonds | $1 | $114.51m | $114.51m | $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 | Bonds | $1 | $102.76m | $102.76m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Bosera | Yes | No | Yes | Yes | Yes | Yes | |
| Securitize AAA CLO Tokenized Fund, LtdSTAC | Bonds | $1,023 | $102.51m | $102.51m | $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 | $100.26m | $100.26m | $39.05m | 38.95% | - | - | 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 | $91.22m | $91.22m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Fidelity Digital Interest TokenFDIT | Bonds | $1 | $76.69m | $76.69m | $0 | 0% | - | - | Fidelity | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Fidelity Hereford Street Trust – Fidelity Treasury Digital Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| A&I CAMC RMB TMMFAICRT | Bonds | $0.15 | $74.36m | $74.36m | $0 | 0% | - | - | Libeara | Bond & MMF Funds | MMF | Permissionless | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes |