Tokenised real-world assets: product board

Distributed value (headline) = value held on public blockchains: DefiLlama TVL, or on-chain token supply × issuer-published NAV. Represented value (secondary) = market cap where DefiLlama reports one.

#ProductDistributedRepresentedChainsMethod
1Circle USYC (Hashnote Short Duration Yield Fund)$2.38bnn/absc, solana, ethereumon-chain supply × NAV
2BlackRock USD Institutional Digital Liquidity Fund$2.00bnn/absc, avalanche, ethereum, optimism, polygon, arbitrum, solanaon-chain supply × NAV
3Franklin OnChain U.S. Government Money Fund$672.6mn/aavalanche, ethereum, base, polygon, arbitrum, stellaron-chain supply × NAV
4Ethena USDtb$473.5mn/aEthereumDefiLlama TVL
5Re$418.0m$68.5mEthereum, Base, Arbitrum, AvalancheDefiLlama TVL
6Huma$403.6m$56.8mSolana, Ethereum, Stellar, MonadDefiLlama TVL
7USD AI$348.4m$112.7mArbitrumDefiLlama TVL
8Anemoy Capital$333.6mn/aEthereum, Base, CeloDefiLlama TVL
9OnRe$292.5mn/aSolanaDefiLlama TVL
10OpenTrade$251.9mn/aAvalanche, Ethereum, Plume MainnetDefiLlama TVL
11Plume Vaults$236.6mn/aPlume Mainnet, Ethereum, Binance, Solana, AvalancheDefiLlama TVL
12RealT Tokens$155.1mn/axDaiDefiLlama TVL
13R25$154.4mn/aPharos, SuiDefiLlama TVL
14Ondo Short-Term US Government Treasuries$134.2mn/aethereumon-chain supply × NAV
15Theo Network thUSD$132.2mn/aEthereumDefiLlama TVL
16Valos$105.8mn/aMonadDefiLlama TVL
17Frax USD$105.4mn/aEthereumDefiLlama TVL
18Lofty$101.2mn/aAlgorandDefiLlama TVL
19Usual USD0$83.5m$21.8mEthereumDefiLlama TVL
20Sky RWA$72.3mn/aEthereumDefiLlama TVL
21stUSDT$56.3m$56.2mTron, EthereumDefiLlama TVL
22Brickken$42.4m$10.0mBinance, Ethereum, Base, Avalanche, PolygonDefiLlama TVL
23Tangible RWA$41.6mn/aPolygon, Arbitrum, Optimism, Ethereum, Base, re.alDefiLlama TVL
24KAIO$39.6m$19.7mSei, Aptos, Immutable zkEVM, Sui, Near, Avalanche, Solana, Polygon, Ethereum, Injective, Mantra, Hedera, Cardano, XDCDefiLlama TVL
25GoldFinger$23.5mn/aBinanceDefiLlama TVL
26T RIZE$23.0m$10.1mBaseDefiLlama TVL
27Clearpool TPOOL$21.6mn/aFlare, EthereumDefiLlama TVL
28Sygnum FIUSD Liquidity Fund$18.3mn/azkSync EraDefiLlama TVL
29Paimon$14.1mn/aBinanceDefiLlama TVL
30Estate Protocol$14.0mn/aArbitrumDefiLlama TVL
31Theo Network thBill$11.2mn/aMonad, Stable, Arbitrum, Ethereum, Base, SolanaDefiLlama TVL
32Solv RWA$9.5mn/aBinance, MantleDefiLlama TVL
33Binaryx Platform$9.0mn/aPolygonDefiLlama TVL
34Republic Note$8.4m$0.0mAvalancheDefiLlama TVL
35Uranium.io$7.6m$8.9mEtherlinkDefiLlama TVL
36Vault Street$7.4mn/aEthereumDefiLlama TVL
37Defa By InvoiceMate$7.2mn/aStellar, ZIGChain, StarknetDefiLlama TVL
38NaraUSD$6.8mn/aEthereumDefiLlama TVL
39Digital Gold$6.7mn/aEthereumDefiLlama TVL
40Mansory$6.5m$6.5mBinance, SolanaDefiLlama TVL
41eva Markets$5.3mn/aEthereumDefiLlama TVL
42Meld Gold$4.7mn/aAlgorandDefiLlama TVL
43Lista RWA$4.4mn/aBinance, EthereumDefiLlama TVL
44Nawa Protocol$4.0mn/aZIGChain, Ethereum, COREDefiLlama TVL
45KUMA Protocol$3.1mn/aEthereum, Linea, Polygon, TelosDefiLlama TVL
46Kamui$3.1mn/aEthereumDefiLlama TVL
47Kea Credit$3.0mn/aHederaDefiLlama TVL
48International Stable Currency$2.4mn/aSolanaDefiLlama TVL
49Oro Finance$2.4mn/aSolanaDefiLlama TVL
50ZTLN-P$2.2mn/aEthereumDefiLlama TVL
51Byzanlink RWA Markets$2.1mn/aHedera, Solana, EthereumDefiLlama TVL
52HiYield$1.7mn/aAvalanche, CantoDefiLlama TVL
53LandX Finance$1.6m$0.1mEthereumDefiLlama TVL
54Mountain Protocol$1.4mn/aEthereum, zkSync Era, Arbitrum, Optimism, Base, PolygonDefiLlama TVL
55Propbase$1.4m$3.7mAptosDefiLlama TVL
56CHATEAU$1.0mn/aPlasmaDefiLlama TVL
57RealtyX$1.0mn/aBase, Plume MainnetDefiLlama TVL
58Isle Finance$0.9mn/aHederaDefiLlama TVL
59Travessia Credit$0.7mn/aEthereum, MonadDefiLlama TVL
60Solayer USD$0.7mn/aSolanaDefiLlama TVL
61Landshare$0.6m$0.0mBinanceDefiLlama TVL
62CANA Holdings California Carbon Credits$0.6m$0.6mEthereumDefiLlama TVL
63GOLDSTATION RWA$0.6mn/aKlaytn, AvalancheDefiLlama TVL
64Toucan Protocol$0.5mn/aPolygon, Celo, Base, RegenDefiLlama TVL
65CACHE.Gold$0.5mn/aEthereumDefiLlama TVL
66HARVEST FLOW$0.5mn/aPlume Mainnet, PolygonDefiLlama TVL
67Arca Labs ArCoin$0.5mn/aEthereumDefiLlama TVL
688lends$0.3m$0.8mBaseDefiLlama TVL
69Boson Protocol$0.2m$3.6mPolygon, Ethereum, Base, Optimism, ArbitrumDefiLlama TVL
70Usual EUR0$0.2mn/aEthereumDefiLlama TVL
71Frigg.eco$0.2mn/aEthereumDefiLlama TVL
72Solv Vesting$0.2mn/aEthereum, Binance, Polygon, ArbitrumDefiLlama TVL
73Bondlink Finance$0.2mn/aEthereumDefiLlama TVL
74Untangled RWA$0.2mn/aStellarDefiLlama TVL
75Fortunafi$0.1mn/aEthereum, Arbitrum, Blast, CantoDefiLlama TVL
76Credible Finance$0.1m$16.4mSolana, 0GDefiLlama TVL
77Verified Network$0.1mn/aEthereum, BaseDefiLlama TVL
78wstGBP$0.1mn/aEthereumDefiLlama TVL
79LiveArt$0.1m$0.1mBinance, BaseDefiLlama TVL
80TProtocol V1$0.1mn/aEthereumDefiLlama TVL
81NewrlRWA$0.1mn/aAptosDefiLlama TVL
82KlimaDAO$0.0m$0.0mPolygon, BaseDefiLlama TVL
83TProtocol V2$0.0mn/aEthereumDefiLlama TVL
84ASA.Gold$0.0mn/aAlgorandDefiLlama TVL
85Unblock Equity$0.0mn/aBaseDefiLlama TVL
86Qiro Finance$0.0mn/aEthereumDefiLlama TVL
87NAOS Finance$0.0m$0.1mBinance, EthereumDefiLlama TVL
88TruCore$0.0mn/aSolanaDefiLlama TVL
89Sweep$0.0mn/aEthereum, Arbitrum, Base, Polygon, Avalanche, Optimism, BinanceDefiLlama TVL
90GemSwap by Golden Swan Solutions$0.0mn/aSeiDefiLlama TVL
91Tokeshare$0.0mn/aBase, Ethereum, PolygonDefiLlama TVL
92Zivoe$0.0mn/aEthereumDefiLlama TVL
93Tangible USTB$0.0mn/aEthereumDefiLlama TVL
94Catch Exchange$0.0m$0.1mRobinhood ChainDefiLlama TVL
95Solon Stocks$0.0mn/aRobinhood ChainDefiLlama TVL
96SPICE Protocol$0.0mn/aPlume MainnetDefiLlama TVL
97Tokeniza$0.0mn/aEthereum, Polygon, MoonbeamDefiLlama TVL
98WorldEs$0.0mn/aArbitrumDefiLlama TVL
99Subunit$0.0mn/aBaseDefiLlama TVL
100EthicHub$0.0m$2.3mEthereum, Celo, xDaiDefiLlama TVL
101BasaFish$0.0mn/aBaseDefiLlama TVL
102SukukFi$0.0mn/aBerachainDefiLlama TVL
103ELYFI$0.0m$0.2mEthereum, Binance, KlaytnDefiLlama TVL
104Fractit Fleet$0.0mn/aPlume Mainnet, BotanixDefiLlama TVL
105OpenStock$0.0mn/aMantleDefiLlama TVL
106Credix$0.0mn/aSolanaDefiLlama TVL
Prosper$0.0m$2.8mBinanceDefiLlama TVL
Aria Protocol$0.0m$0.1mStoryDefiLlama TVL
Tether Goldn/a$3.36bnDefiLlama TVL
Xend Financen/a$0.3mDefiLlama TVL
GAIBn/a$5.1mDefiLlama TVL
Hamilton Lane Senior Credit Opportunities Securitize Fundn/a$4.2mDefiLlama TVL
Stoboxn/a$0.3mDefiLlama TVL
Fidelity Digital Interest Tokenn/a$24.6mDefiLlama TVL
Reentaln/a$47.7mDefiLlama TVL
LienFin/a$3.9mDefiLlama TVL
Source: DefiLlama (DefiLlama open API (free tier)); Public RPC on-chain supply; issuer docs (Public on-chain facts; issuer docs for contract addresses). As of: 2026-10-14.
On-chain supply via public RPC; contract addresses from issuer documentation. Data: DefiLlama (defillama.com).