RWA Market Dashboard

Risk-rated protocols and market health signals for institutional investors.

Total Market Size

$10.66B

+115.1%

Tokenized Treasuries

$5.92B

N/A

Real Estate TVL

$0M

N/A
Market is expanding. Tokenized Treasuries represent the dominant inflow category — institutions are using on-chain T-bills as a liquidity-management tool, driving the bulk of RWA growth this quarter.
Treasuries now account for over 55% of total RWA TVL. This concentration signals institutional demand for yield, but also means the broader market remains sensitive to U.S. rate policy — watch for reallocation if rates drop.

Market Size Growth (USD)

Market Share by Category

Tokenized Treasuries$5.92B
Commodities$3.20B
Private Credit$1.43B
Asset-Backed Credit$0.10B
Tokenized Securities$0.01B

Risk-Rated Protocols

Institutional-grade risk assessments for top RWAs

View Full Ratings
ProtocolCategoryTVLTokomine ScoreRating
Ondo FinanceTreasuries$2.68B
4/5
Investment Grade
MakerDAORWA lending$96M
4/5
Investment Grade
CentrifugeCredit$1.43B
3/5
Moderate Risk
Maple FinanceLending$180M
3/5
Moderate Risk
GoldfinchPrivate credit$2M
3/5
Moderate Risk
Backed FinanceEquities/ETFs$8M
4/5
Investment Grade
Franklin TempletonTreasuries$450M
4/5
Investment Grade
BlackRockInstitutional funds$3.03B
4/5
Investment Grade
OpenEdenTreasuries$210M
4/5
Investment Grade
TetherReserves$3.20B
3/5
Moderate Risk