coinlib
BTC: $82,293 ▲ 0.7%ETH: $2,442 ▲ 0.3%Market Cap: $2.76T ▲ 0.5%24h Vol: $110.58BDominance: BTC 59.9% ETH 10.8%

Real World Assets (RWA)

Tokenized treasuries, commodities, credit and real-world asset protocols, ranked by TVL and token market data.

Token market cap
$11.89B
+0.74% in 24h
24h token volume
$1.12B
9.4% of market cap
Total value locked
$4.04B
-1.27% in 24h
Protocol fees (24h)
$2.1M
Tracked projects
227
97 tokens · 136 platforms

Today in the data

The 97 tracked RWA tokens are worth $11.89B combined, up 0.7% over the last 24 hours, on $1.12B of trading volume. 46 of 96 rose on the day. Tether Gold is the largest at 25% of the narrative's market cap. The strongest 24h move was Dusk (+10.8%); the weakest was Axelar (−10.8%). 102 platforms hold $4.04B on-chain, led by Ethena USDtb ($475.73M). Protocols earned $2.1M in fees over the last 24 hours; Grayscale earned the most ($581.65K).

Top tokens
All tokens
  1. 1
    Tether GoldTether GoldXAUt
    $3.02B
    +1.40%
  2. 2
    OndoOndoONDO
    $2.25B
    +3.21%
  3. 3
    PAX GoldPAX GoldPAXG
    $1.83B
    +1.28%
  4. 4
    SkySkySKY
    $1.67B
    -0.10%
  5. 5
    XDC NetworkXDC NetworkXDC
    $736.05M
    -0.66%
  6. 6
    PendlePendlePENDLE
    $359.31M
    -2.61%
  7. 7
    Maple FinanceMaple FinanceSYRUP
    $248.13M
    -4.44%
  8. 8
    Zebec NetworkZebec NetworkZBCN
    $222.03M
    +0.92%
  9. 9
    OriginTrailOriginTrailTRAC
    $207.08M
    -4.63%
  10. 10
    PlumePlumePLUME
    $128.12M
    -3.97%
Top platforms
All platforms
  1. 1Ethena USDtb
    Ethena USDtb
    RWA · Ethereum
    $475.73M
    TVL
  2. 2Re
    Re
    RWA · Ethereum, Base +2
    $434.24M
    TVL
  3. 3Huma
    Huma
    RWA · Solana, Ethereum +2
    $408.99M
    TVL
  4. 4Anemoy Capital
    Anemoy Capital
    RWA · Ethereum, Base +1
    $333.63M
    TVL
  5. 5OnRe
    OnRe
    RWA · Solana
    $292.25M
    TVL
  6. 6USD AI
    USD AI
    RWA · Arbitrum
    $270.28M
    TVL
  7. 7OpenTrade
    OpenTrade
    RWA · Avalanche, Ethereum +1
    $246.72M
    TVL
  8. 8Plume Vaults
    Plume Vaults
    RWA · Ethereum, Plume Mainnet +3
    $239.5M
    TVL
  9. 9R25
    R25
    RWA · Pharos, Sui
    $158.42M
    TVL
  10. 10RealT Tokens
    RealT Tokens
    RWA · Gnosis
    $155.06M
    TVL
Biggest movers (24h)

Gainers

Losers

Recently listed

Data updated

What is Real World Assets (RWA)?

Real-world asset (RWA) protocols bring off-chain assets on-chain: US treasuries, private credit, commodities like gold, and real estate, issued as tokens that can be held, traded or used as DeFi collateral.

TVL here is close to assets under management — the value of the underlying assets tokenized through each protocol — which makes it the most direct measure of the sector's size.

Methodology

Tokens come from CoinMarketCap's Real World Assets Protocols, Tokenized Commodities and Tokenized T-Bills categories, excluding the general-purpose chains and oracles CoinMarketCap files there (they host RWA rather than issue it); tokenized stocks are not included. Platforms are DefiLlama's RWA protocols.

A token is tracked while it trades at least $1K a day; stablecoins are excluded, and the 500 largest by market cap are kept. Market data refreshes every 15 minutes from CoinMarketCap; TVL and protocol fees refresh hourly from DefiLlama; TVL totals leave out protocols DefiLlama flags as double-counted (vaults and aggregators that deposit into other protocols). Aggregate changes are value-weighted, so large projects move the totals more than small ones.

Tables are ordered by the data alone — market cap, volume, TVL or fees.