The Real World Asset ecosystem, known as the RWA Stack on Pendle, has officially surpassed an impressive milestone of over $1B in TVL. This diverse portfolio spans across multiple financial sectors to offer a highly comprehensive suite of assets.
Within the infrastructure category, the platform features NGI+, a Partners Group private infra fund accessed via Asseto. It also includes USDai, tailored for GPU financing, and sAID, which focuses on AI infra financing. For traditional equities, the stack incorporates NVDA and PFE, while sNET serves as the dedicated equity treasury protocol.
Treasuries and T-bill stablecoins form a substantial portion of the ecosystem. This group consists of AUSD by Agora, sUSDS from Sky, and USDG associated with Paxos and the Global Dollar Network. Furthermore, the lineup provides access to SGOV, cUSDO by OpenEden, aptUSD from APYX, and USDat by Saturn.
For those exploring preferred stock, the available selections feature STRCx from xStocks alongside sUSDat and apyUSD. The private credit options provide equally diverse opportunities, bringing together 3Jane for consumer and crypto credit, SIERRA for blended RWA and DeFi reserves, and srnOPAL, which represents BlackOpal Brazilian card receivables.
Moving into the insurance sector, the platform integrates Re, offering both reUSD and reUSDe. Meanwhile, commodities account for approximately $67K of the total value, represented by Unitas XGLD, an asset directly backed by XAUt gold.
Finally, the portfolio covers synthetic dollars and basis with TradFi hedging. This sophisticated segment consists of Axis offerings like USDx and sUSDx, Ethena sUSDe, and hBTC, which operates as a Syntetika BTC basis strategy managed by Hilbert Group.
Within the infrastructure category, the platform features NGI+, a Partners Group private infra fund accessed via Asseto. It also includes USDai, tailored for GPU financing, and sAID, which focuses on AI infra financing. For traditional equities, the stack incorporates NVDA and PFE, while sNET serves as the dedicated equity treasury protocol.
Treasuries and T-bill stablecoins form a substantial portion of the ecosystem. This group consists of AUSD by Agora, sUSDS from Sky, and USDG associated with Paxos and the Global Dollar Network. Furthermore, the lineup provides access to SGOV, cUSDO by OpenEden, aptUSD from APYX, and USDat by Saturn.
For those exploring preferred stock, the available selections feature STRCx from xStocks alongside sUSDat and apyUSD. The private credit options provide equally diverse opportunities, bringing together 3Jane for consumer and crypto credit, SIERRA for blended RWA and DeFi reserves, and srnOPAL, which represents BlackOpal Brazilian card receivables.
Moving into the insurance sector, the platform integrates Re, offering both reUSD and reUSDe. Meanwhile, commodities account for approximately $67K of the total value, represented by Unitas XGLD, an asset directly backed by XAUt gold.
Finally, the portfolio covers synthetic dollars and basis with TradFi hedging. This sophisticated segment consists of Axis offerings like USDx and sUSDx, Ethena sUSDe, and hBTC, which operates as a Syntetika BTC basis strategy managed by Hilbert Group.