All
Bond & MMF Funds
Gold & Commodities
Private Credit
Stocks & Equities
Crypto Funds
Real Estate
RWA Wrappers
ETFs
Carbon & Environment
Non-RWA Stablecoins
Governance Tokens
RWA Stablecoins
Fiat Stablecoins
Other RWAs
AllBond & MMF FundsGold & CommoditiesPrivate CreditStocks & EquitiesCrypto FundsReal EstateRWA WrappersETFsCarbon & EnvironmentNon-RWA StablecoinsGovernance TokensRWA StablecoinsFiat StablecoinsOther RWAs
All
Bond & MMF Funds
Gold & Commodities
Private Credit
Stocks & Equities
Crypto Funds
Real Estate
RWA Wrappers
ETFs
Carbon & Environment
Non-RWA Stablecoins
Governance Tokens
RWA Stablecoins
Fiat Stablecoins
Other RWAs
Total RWA Active Mcap$14.385b
Total RWA Onchain Mcap$16.191b
DeFi Active TVL$988.21m
Total Asset Issuers51
Assets Rankings
| Name | Asset Group | Platform | Category | Asset Class | Access Model | Type | RWA Classification | Issuer | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BlackRock BUIDLBUIDL | $1 | Bonds | $2.965b | $2.965b | $18.9m | 0.63% | Securitize | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | BlackRock USD Institutional Digital Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| US Yield CoinUSYC | $1.13 | Bonds | $2.913b | $2.913b | $33.02m | 1.13% | Circle | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Hashnote International Short Duration Yield Fund Ltd | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Ondo US Dollar YieldUSDY | $1.14 | Bonds | $1.38b | $2.139b | $23.19m | 1.68% | 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 | $1.1 | Bonds | $862.17m | $870.49m | $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 | $796.35m | $796.35m | $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 | $712.19m | $838.79m | $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 | $703.46m | $892.98m | $14.95m | 2.12% | WisdomTree | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | WisdomTree Digital Trust | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko EU T-Bills Money Market FundEUTBL | $1.22 | Bonds | $630.5m | $630.5m | $3.5m | 0.55% | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko | Yes | Yes | Yes | Yes | Yes | Yes | |
| ChinaAMC USD Digital Money Market Fund Class I USDCUMIU | $103.26 | Bonds | $547.43m | $547.43m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Superstate USTBUSTB | $11.1 | Bonds | $521.24m | $747.3m | $177.62m | 34.07% | 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 | $1.01 | Bonds | $386.57m | $386.57m | $0 | 0% | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Ondo OUSGOUSG | $115.44 | Bonds | $222.79m | $226.86m | $38.83m | 17.42% | Ondo | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Ondo I LP | Yes | Yes | Yes | Yes | Yes | Yes | |
| Janus Henderson Anemoy AAA CLO FundJAAA | $1.04 | Bonds | $166.62m | $434.79m | $413.57m | 248.20% | Centrifuge | Bond & MMF Funds, Private Credit | Corp Bond Fund | Permissioned | Asset | RWA | Anemoy Capital SPC Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| Spiko US T-Bills Money Market FundUSTBL | $1.09 | Bonds | $161.01m | $161.01m | $6.28m | 3.90% | 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 | $1.01 | Bonds | $144.66m | $144.66m | $0 | 0% | Spiko | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Spiko (SPIKO SICAV sub-fund) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Superstate Crypto Carry FundUSCC | $11.61 | Digital Assets | $139.92m | $145.69m | $125.59m | 89.75% | Superstate | Bond & MMF Funds, Other RWAs | Mixed RWA Fund | Permissioned | Asset | RWA | Superstate Asset Trust | Yes | Yes | Yes | Yes | Yes | Yes | |
| Fidelity Digital Interest TokenFDIT | $1 | Bonds | $132.55m | $132.55m | $0 | 0% | Fidelity | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Fidelity Hereford Street Trust – Fidelity Treasury Digital Fund | Yes | Yes | Yes | Yes | Yes | Yes | |
| Theo Network thBILLthBILL | $1.02 | Bonds | $130.35m | $130.35m | $48.05m | 36.86% | Theo | Bond & MMF Funds | T-Bills | Permissioned | Asset | Programmable Finance | Theo Protocol Corporation | No | Yes | Yes | Yes | Yes | Yes | |
| Bosera Liquidity Income Fund SPBELIF | $1 | Bonds | $102.32m | $102.32m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Bosera | Yes | No | Yes | Yes | Yes | Yes | |
| Securitize AAA CLO Tokenized Fund, LtdSTAC | $1,019 | Bonds | $102.13m | $102.13m | $0 | 0% | Securitize | Bond & MMF Funds | Corp Bond Fund | Permissioned | Asset | RWA | Securitize AAA CLO Tokenized Fund | Yes | No | Yes | Yes | Yes | Yes | |
| ChinaAMC HKD Digital Money Market Fund Class A HKDCAMMF | $13.16 | Bonds | $91.55m | $91.55m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | ChinaAMC | Yes | Yes | Yes | Yes | Yes | Yes | |
| A&I CAMC RMB TMMFAICRT | $0.15 | Bonds | $74.36m | $74.36m | $0 | 0% | Libeara | Bond & MMF Funds | MMF | Permissionless | Asset | RWA | ChinaAMC | No | Yes | Yes | ||||
| OpenEden T-BillsTBILL | $1.14 | Bonds | $68.12m | $68.12m | $0 | 0% | OpenEden | Bond & MMF Funds | T-Bills | Permissioned | Asset | RWA | Treasury Bills Institutional Liquidity Limited | Yes | Yes | Yes | Yes | Yes | Yes | |