Markets
Macro context for tokenized assets. Track indices, yields, capital flows, and market intelligence across TradFi, RWA, and DeFi.
RWA Indices
RWA Total Value Index
Tokenized Treasuries Index
Private Credit Index
Tokenized Commodities Index
RWA Yield Index
Stablecoin Supply Index
Macro Indicators
Key economic and crypto metrics
| Indicator | Current | Previous | Change |
|---|---|---|---|
| Fed Funds Rate | 4.25-4.50% | 4.50-4.75% | -25 bps |
| 10Y Treasury Yield | 4.18% | 4.22% | -4 bps |
| 2Y Treasury Yield | 3.95% | 3.98% | -3 bps |
| CPI YoY | 2.8% | 2.9% | -0.1% |
| DXY (Dollar Index) | 103.42 | 103.85 | -0.41% |
| Gold Spot (XAU) | $3,042 | $2,985 | +1.91% |
| BTC Price | $84,250 | $82,100 | +2.62% |
| ETH Price | $3,920 | $3,810 | +2.89% |
| Total Crypto Market Cap | $3.12T | $3.04T | +2.63% |
| DeFi TVL | $142.8B | $138.2B | +3.33% |
Yield Convergence
RWA vs DeFi vs TradFi average yields
Yield Comparison
Current yields across TradFi, RWA, and DeFi
Traditional Finance
Tokenized RWA
DeFi
Capital Flows
Monthly flows between TradFi, RWA, and DeFi ($M)
Correlation Matrix
90-day rolling correlations
| Pair | Correlation | Strength |
|---|---|---|
| RWA TVL↔BTC Price | +0.72 | Moderate |
| RWA TVL↔ETH Price | +0.68 | Moderate |
| RWA TVL↔DeFi TVL | +0.85 | Strong |
| RWA TVL↔10Y Yield | -0.34 | Weak |
| RWA TVL↔DXY | -0.41 | Weak |
| RWA TVL↔Gold | +0.28 | Weak |
| Treasuries TVL↔Fed Funds Rate | +0.62 | Moderate |
| Treasuries TVL↔10Y Yield | +0.48 | Weak |
| Private Credit TVL↔DeFi TVL | +0.78 | Moderate |
| Stablecoin Supply↔BTC Price | +0.81 | Strong |
| Stablecoin Supply↔DeFi TVL | +0.91 | Strong |
| Commodities TVL↔Gold | +0.93 | Strong |
Market Intelligence
Latest events impacting the tokenized asset ecosystem
SEC Approves Framework for Tokenized Securities Trading
The SEC has approved a new regulatory framework allowing registered exchanges to list tokenized securities, marking a significant milestone for institutional RWA adoption.
JPMorgan Launches Tokenized Money Market Fund on Ethereum
JPMorgan Asset Management has launched its first tokenized money market fund on Ethereum, joining BlackRock and Franklin Templeton in the tokenized treasury space.
Ondo Finance Crosses $3B TVL Milestone
Ondo Finance has surpassed $3 billion in total value locked across its tokenized treasury and credit products, driven by institutional demand.
Avalanche Subnets Enable Compliant RWA Issuance
Avalanche has launched permissioned subnets specifically designed for compliant RWA issuance, with built-in KYC/AML verification at the chain level.
European MiCA Framework Takes Effect for Tokenized Assets
The EU Markets in Crypto-Assets regulation has officially taken effect, providing clear guidelines for tokenized real-world assets across all member states.
Centrifuge Partners with Deutsche Bank for Trade Finance
Centrifuge has announced a partnership with Deutsche Bank to tokenize trade finance receivables, bringing traditional banking assets on-chain.
RWA Sector Sees $2.4B Net Inflows in March
The tokenized RWA sector has recorded $2.4 billion in net inflows during the first 10 days of March, the highest monthly pace since the sector's inception.
Chainlink CCIP Enables Cross-Chain RWA Transfers
Chainlink has expanded its Cross-Chain Interoperability Protocol to support seamless transfer of tokenized RWAs between Ethereum, Avalanche, and Polygon.