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$3.017b
Total RWA Onchain Mcap$3.276b
DeFi Active TVL$870.92m
Total Asset Issuers34
Assets Rankings
| Name | Asset Group | Platform | Category | Asset Class | Access Model | Type | RWA Classification | Issuer | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethena USDtbUSDTB | $1 | Bonds | $963.45m | $963.45m | $630.45m | 65.43% | Ethena | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Anchorage Digital Bank National Association | Yes | Yes | Yes | Yes | Yes | Yes | |
| UsualUSD0 | $1 | Bonds | $552.78m | $552.78m | $22.45m | 4.06% | 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 | $425.89m | $555.18m | $0 | 0% | Figure | RWA Stablecoins | Yield RWA Stable | Permissioned | Asset | RWA | Figure Certificate Company (FCC) | Yes | Yes | Yes | Yes | Yes | Yes | |
| Apyx apxUSDapxUSD | $0.96 | Public Equities | $391.25m | $391.25m | $131.05m | 33.49% | Apyx | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Apyx | Yes | Yes | Yes | Yes | Yes | ||
| rwaUSDirwaUSDi | $1 | Private Credit | $199.12m | $199.12m | $0 | 0% | Multipli | RWA Stablecoins | Yield RWA Stable | Permissioned | Asset | RWA | Multipli | Yes | Yes | Yes | Yes | Yes | Yes | |
| USDaiUSDai | $1 | Fiat Currencies | $98.61m | $197.81m | $63.06m | 63.94% | USD.ai | RWA Stablecoins, Other RWAs | RWA Fiat Stable | Permissionless | Asset | RWA | Permian Labs (USD.AI) | Yes | Yes | Yes | Yes | |||
| Cap cUSDcUSD | $1 | Fiat Currencies | $80.55m | $80.55m | $5,270 | 0% | Cap | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | Cap Protocol | Yes | No | Yes | Yes | Yes | ||
| infiniFi USDIUSD | $1 | Bonds | $77.44m | $77.44m | $206,079 | 0.26% | infiniFi | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | infiniFi | Yes | No | Yes | Yes | |||
| Cygnus Finance Global USDcgUSD | $1 | Bonds | $75.68m | $75.68m | $22,733 | 0.03% | Cygnus Finance | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Cygnus Finance | Yes | No | Yes | Yes | |||
| Precious Metal USDpmUSD | $0.65 | Precious Metals | $61.13m | $61.13m | $6.83m | 11.16% | RAAC | RWA Stablecoins, Gold & Commodities | RWA Fiat Stable | Permissionless | Asset | RWA | I-ON Digital Corp (ION.au) | Yes | Yes | Yes | ||||
| OpenDollarUSDO | $1 | Bonds | $30.82m | $30.82m | $115,075 | 0.37% | OpenEden | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | OpenEden Digital (OpenEden) | Yes | Yes | Yes | Yes | Yes | ||
| USP Yield Optimized StablecoinUSP | $1.1 | Multi-Asset RWAs | $15.33m | $18.24m | $9.32m | 60.79% | Piku | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | PikuDAO | Yes | No | Yes | Yes | Yes | ||
| Dinari USD+USD+ | Bonds | $10.83m | $10.83m | $2.14m | 19.77% | Dinari | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Dinari, Inc. | Yes | No | Yes | Yes | Yes | |||
| Gate USDGUSD | $1 | Fiat Currencies | $7.18m | $7.18m | $209,905 | 2.92% | 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 | 30.23% | Anzen | RWA Stablecoins, Bond & MMF Funds | Yield RWA Stable | Permissionless | Asset | Programmable Finance | Anzen Finance | No | Yes | Yes | ||||
| Asia DollarAZND | $1 | Private Credit | $6.53m | $12.4m | $649,907 | 9.95% | Mu Digital | RWA Stablecoins, Private Credit | Yield RWA Stable | Permissionless | Asset | RWA | MU DIGITAL LIMITED | Yes | No | Yes | Yes | |||
| Solayer USDsUSD | $1.11 | Bonds | $6.15m | $6.15m | $660,896 | 10.75% | Solayer | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Solayer | Yes | No | Yes | Yes | Yes | ||
| VNX Swiss FrancVCHF | $1.26 | Fiat Currencies | $2.8m | $2.8m | $459,377 | 16.37% | 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 | $2.39m | $2.39m | $95,361 | 3.99% | 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 | $1.4m | $1.4m | $33,210 | 2.36% | Mountain Protocol | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Mountain Protocol Ltd | Yes | Yes | Yes | Yes | Yes | ||
| AI DollarAID | $1 | AI & Compute Infrastructure | $746,249 | $20.96m | $70,926 | 9.50% | GAIB | RWA Stablecoins | RWA Fiat Stable | Permissionless | Asset | RWA | SpiceFlow AI Foundation | Yes | Yes | Yes | Yes | |||
| USDM1USDM1 | $1.01 | Bonds | $173,707 | $173,707 | $1m | 578.28% | USDM1 | RWA Stablecoins | Yield RWA Stable | Permissionless | Asset | RWA | Republic of the Marshall Islands | Yes | Yes | Yes | Yes | Yes | ||
| VNX British PoundVGBP | $1.36 | Fiat Currencies | $171,662 | $171,662 | $30,207 | 17.59% | VNX | RWA Stablecoins, Gold & Commodities | RWA Fiat Stable | Permissionless | Asset | RWA | VNX Commodities AG | Yes | Yes | Yes | Yes | Yes | Yes | |