Tokenized traditional assets like US Treasuries and private credit.
Networks
Ethereum
Top protocols
MidasOndoMountain Protocol
What are Tokenized Real World Assets?
RWA protocols bring traditional financial assets onchain. This includes tokenized US Treasuries, private credit, and other income-generating assets that were previously inaccessible to DeFi users.
How RWA Works
Asset Tokenization: Real-world assets are wrapped into tokens
Yield Distribution: Interest or dividends flow to token holders
Compliance: Many RWAs require KYC/AML verification
Redemption: Tokens can typically be redeemed for underlying value
Top RWA Products
Midas Products: Institutional-grade RWA yields
USDY (Ondo): Tokenized Treasury yields
USDM (Mountain): Treasury-backed yield stablecoin
sDAI (MakerDAO): DAI Savings Rate exposure
Yield Sources
US Treasuries: 4-5% from government bonds
Private Credit: 8-15% from loans to businesses
Real Estate: Income from property investments
Risks to Consider
Counterparty Risk: Depends on issuer/custodian integrity
Regulatory Risk: Laws around tokenized securities evolving