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$3.307b
Total RWA Onchain Mcap$3.457b
DeFi Active TVL$999.16m
Total Asset Issuers34
Assets Rankings
| Name | Asset Group | Platform | Category | Asset Class | Access Model | Type | RWA Classification | Issuer | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethena USDtbUSDTB | $1 | Bonds | $774.98m | $774.98m | $424.14m | 54.72% | Ethena | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Anchorage Digital Bank National Association | Yes | Yes | Yes | Yes | Yes | Yes | |
| UsualUSD0 | $1 | Bonds | $552.58m | $552.58m | $22.77m | 4.11% | Usual | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Association de Développement de la DAO Usual (ADDU) | Yes | No | Yes | Yes | |||
| YLDSYLDS | $1 | Fiat Currencies | $541.21m | $542.15m | $0 | 0% | Figure | RWA Stablecoins | Yield RWA Stable | Permissioned | Asset | RWA | Figure Certificate Company (FCC) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Wrapped YLDSWYLDS | $1 | Fiat Currencies | $399.32m | $399.32m | $394.15m | 98.70% | Hastra | RWA Wrappers, RWA Stablecoins | Stable Yield Wrapper, Yield RWA Stable | Permissionless | Asset | Programmable Finance | Signum Limited (doing business as Hastra) | Yes | Yes | Yes | Yes | |||
| Apyx apxUSDapxUSD | $0.88 | Public Equities | $373.11m | $373.11m | $72.12m | 19.32% | Apyx | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Apyx | Yes | Yes | Yes | Yes | Yes | ||
| rwaUSDirwaUSDi | $1 | Private Credit | $199.16m | $199.16m | $0 | 0% | Multipli | RWA Stablecoins | Yield RWA Stable | Permissioned | Asset | RWA | Multipli | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cap cUSDcUSD | $1 | Fiat Currencies | $91.54m | $91.54m | $5,270 | 0% | Cap | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Cap Protocol | Yes | No | Yes | Yes | Yes | ||
| USDaiUSDai | $1 | Fiat Currencies | $82.93m | $192.7m | $68.37m | 82.44% | USD.ai | RWA Stablecoins, Other RWAs | RWA Fiat Stable | Permissionless | Asset | RWA | Permian Labs (USD.AI) | Yes | Yes | Yes | Yes | |||
| Cygnus Finance Global USDcgUSD | $1 | Bonds | $75.68m | $75.68m | $23,160 | 0.03% | Cygnus Finance | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Cygnus Finance | Yes | No | Yes | Yes | |||
| Precious Metal USDpmUSD | $0.79 | Precious Metals | $74.09m | $74.09m | $7.87m | 10.62% | RAAC | RWA Stablecoins, Gold & Commodities | RWA Fiat Stable | Permissionless | Asset | RWA | I-ON Digital Corp (ION.au) | Yes | Yes | Yes | ||||
| infiniFi USDIUSD | Bonds | $65.76m | $65.76m | $0 | 0% | infiniFi | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | infiniFi | Yes | No | Yes | Yes | ||||
| OpenDollarUSDO | $1 | Bonds | $31.79m | $31.79m | $114,946 | 0.36% | OpenEden | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | OpenEden Digital (OpenEden) | Yes | Yes | Yes | Yes | Yes | ||
| Asia DollarAZND | $1 | Private Credit | $16.33m | $32.28m | $375,460 | 2.29% | Mu Digital | RWA Stablecoins, Private Credit | Yield RWA Stable | Permissionless | Asset | RWA | MU DIGITAL LIMITED | Yes | No | Yes | Yes | |||
| Gate USDGUSD | $1 | Fiat Currencies | $7.18m | $7.18m | $209,426 | 2.91% | Gate | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Gate | Yes | No | Yes | Yes | Yes | Yes | |
| Anzen USDzUSDz | $0.98 | Private Credit | $6.75m | $7.86m | $2.04m | 30.25% | Anzen | RWA Stablecoins, Bond & MMF Funds | Yield RWA Stable | Permissionless | Asset | Programmable Finance | Anzen Finance | No | Yes | Yes | ||||
| USP Yield Optimized StablecoinUSP | $1.11 | Multi-Asset RWAs | $5.64m | $8.61m | $4.84m | 85.82% | Piku | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | PikuDAO | Yes | No | Yes | Yes | Yes | ||
| VNX Swiss FrancVCHF | $1.24 | Fiat Currencies | $2.9m | $2.9m | $451,292 | 15.58% | VNX | RWA Stablecoins, Gold & Commodities | RWA Fiat Stable | Permissionless | Asset | RWA | VNX Commodities AG | Yes | Yes | Yes | Yes | Yes | Yes | |
| International Stable CurrencyISC | $2.16 | Multi-Asset RWAs | $2.41m | $2.41m | $82,729 | 3.43% | International Stable Currency | RWA Stablecoins | Multi-Asset RWA Stable | Permissionless | Asset | Programmable Finance | International Stable Currency | No | Yes | Yes | Yes | |||
| Mountain Protocol USDMUSDM | $1 | Bonds | $1.34m | $1.34m | $32,328 | 2.41% | Mountain Protocol | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Mountain Protocol Ltd | Yes | Yes | Yes | Yes | Yes | ||
| Solayer USDsUSD | $1.11 | Bonds | $984,970 | $984,970 | $362,982 | 36.85% | Solayer | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Solayer | Yes | No | Yes | Yes | Yes | ||
| AI DollarAID | $1 | AI & Compute Infrastructure | $765,254 | $20.03m | $68,397 | 8.93% | GAIB | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | SpiceFlow AI Foundation | Yes | Yes | Yes | Yes | |||
| USDM1USDM1 | $1.02 | Bonds | $175,353 | $175,353 | $1.01m | 577.22% | USDM1 | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Republic of the Marshall Islands | Yes | Yes | Yes | Yes | Yes | ||
| VNX British PoundVGBP | $1.34 | Fiat Currencies | $169,122 | $169,122 | $37,469 | 22.15% | VNX | RWA Stablecoins, Gold & Commodities | RWA Fiat Stable | Permissionless | Asset | RWA | VNX Commodities AG | Yes | Yes | Yes | Yes | Yes | Yes | |