PAXGPAXG$4,334.970.97%XAUTXAUT$4,329.520.89%NVDANVDA$213.920.78%SPYSPY$758.690.03%QQQBQQQB$707.660.06%CRCLBCRCLB$85.67.90%SPCXBSPCXB$144.282.81%
RWA Market Cap$68.7B
Tokenized Treasuries$10.52B
Tokenized Gold$5.11B
24h On-Chain DEX Vol$3.49B
RWA Yield vs SOFR+1.85%
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RWAstats

Glossary

Every term RWAstats defines, in one place — each with its own permalink. See /methodology for the exact formula behind each computed metric.

RWA (Real-World Asset)#
An off-chain asset — fiat currency, gold, equities, Treasuries, private credit — issued as an on-chain token that represents a claim on, or tracks the value of, the underlying asset.
Access tier#
How a token can be acquired: "permissionless" (buy directly on a DEX, no gate), "hybrid" (some venues gated, some not), or "KYC / accredited" (identity or eligibility verification required, typically from a regulated issuer).
Market#
A venue where a token trades — a CEX order book (via CoinGecko tickers) or an on-chain DEX pool (via GeckoTerminal).
Yield spread#
The best available on-chain APY for a tokenized RWA, minus the SOFR (Secured Overnight Financing Rate) benchmark, in percentage points — how much extra yield, if any, going on-chain pays over the risk-free TradFi rate.
Canonical RWA / multi-issuer grouping#
The same underlying asset (e.g. NVIDIA, gold) is often tokenized by several competing issuers as separate coin ids. RWAstats groups these back into one canonical page via CoinGecko's /rwas/* endpoint family — aggregate market cap and volume prefer CoinGecko's own first-party total over a manual re-sum, and access tier / APY are never blended across issuers that genuinely disagree.
Peg deviation#
How far a stablecoin's live price trades from its target peg (usually 1.00 of its reference currency), shown as a percentage. RWAstats flags anything beyond ±0.10% as "watch" and beyond ±0.25% as "off-peg."
On-chain holders#
The number of wallet addresses holding a token, summed across every chain it's deployed on. This is a per-chain sum, not a de-duplicated count of unique wallets — the same wallet holding a token on two chains is counted twice.
Most fragmented RWA#
A real, self-updating count of how many different issuers currently tokenize the single most-contested underlying asset, recomputed daily from CoinGecko's canonical RWA data. Not a formal "fragmentation index" — just a count of competing issuer tokens for whichever asset currently has the most.