On-Chain Real World Asset Crossed $3 Billion | Crypto Daily Digest Sep. 4
Among all real world assets on chain, gold and precious metal accounts for 37.3%, 1.63% equities, 0.41% carbon offsets, 22.98% money market instruments, 20.04% treasuries, 4.38% real estates, and 13.27% private credit.
Yield-bearing Real World Assets (RWAs) capture 61% of the cumulative RWA market capitalization. The recent expansion of RWAs has been driven by the increasing demand on-chain for sources of yield from the traditional financial world. In the current high-interest-rate environment, yield-bearing RWAs, such as treasuries, money markets, and private credits, have attracted investors seeking safe and stable on-chain yield.
Today's Market
Headlines
Top Exchanges' Total Trading Volume Hit 2023 Low in August, Despite Rising Nearly 20% Last Week
Other News in Case You Missed it:
Proposal for dYdX V4 and Token Migration to dYdX Chain Approved
Lido Finance Market Share to Reach 33%, Raising Ethereum Centralization Risk Concern
Matter Labs Co-Founder Proposes Ethereum Court System
What's New from TokenInsight?
Unravel Bitcoin Spot ETFs: Approval Timeline Prediction. What is Bitcoin Spot ETF? Want to know when and how they will be approved? Here is the answer!
What is Rollbit? Is it worth the hype?Recently, the GambleFi sector has been on the rise, with Rollbit (RLB) standing out as particularly dynamic. This article delve into this project and explore the reasons behind its soaring popularity.
mBTC - A Decentralized Solution for Cross-chain BTC: You may not be familiar with the concept of cross-chain BTC. However, when it comes to wBTC, it is certainly well-known. BitGo launched wBTC in 2019, and now, after 4 years, what are the noteworthy trends in cross-chain BTC? Let's explore together.
Data Guide
How to Download Cryptocurrencies and Exchanges' Historical Data Using TokenInsight For Free?
How to use the TokenInsight API to obtain cryptocurrency rating data?
How to Import TokenInsight Cryptocurrency Data into Google Sheets?
DeFi
Exchanges