The crypto credit landscape spans three layers, CeFi lenders and exchanges extending direct and margin credit.
DeFi protocols like Aave and Morpho offering fully onchain credit, and RWA platforms like Ondo and Maple connecting crypto capital to treasuries, private credit and real estate.
Robinhood Chain Bridge leads at $257.9M and is still growing fast (+23% over 30d).
Category-wise, DEXs, RWA, and risk-curator vaults dominate this summer's new-listing cohort, and several rows are too fresh to have a full 30-day window yet.
Binance bStocks nearly doubled its issued value since early July, up 82.6% to $611M and overtaking xStocks for second place among tokenized stock issuers.
Ondo Finance still leads at $953M, though its share has been roughly flat over the same period.
⚡ ARC is set to launch its public mainnet on September 16th
The initial group of network operators includes BlackRock, Intercontinental Exchange, Visa, Mastercard, Galaxy, Global Payments, Moneygram, SBI, and others.
Binance leads perp CEX market share at 35%, more than double second-place OKX at 16%. Bybit ranks third at 11% share, though Gate carries more open interest at $9.18B despite ranking fifth in volume.
RedotPay leads crypto card volume at $395M, up 10.7% MoM, with EtherFi Cash second at $100M. Wirex One posted the sharpest jump, up 1223% MoM to $24.9M.