$0.19474987
- Market Cap$111,972,037.134
- 24 Hour Trading Vol$9,797,102.312
- Fully Diluted Valuation$108,503,957.068
- Circulating Supply577,159,055
- Total Supply557,145,221
- Max Supply557,145,221
- Centrifuge Price$0.19474987
- Trading Volume$9,797,102.312
- Market Cap$111,972,037.134
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The large, largely untapped market for real-world assets (RWA) is beginning to enter Decentralized Finance (DeFi) via Centrifuge: the first protocol designed to connect DeFi with real-world markets. Today, businesses use Centrifuge to tap into DeFi liquidity, while investors fund assets to earn an attractive, steadier return.
Top TVL in Polkadot and leading overall RWA TVL (100% growth monthly)A major bridge moving trillions+ in value from the real-world into cryptoMultichain approach: combines strengths from both the Polkadot and Ethereum ecosystemsKey Highlights
TVL Growing by 2x Every Month
Centrifuge is driving a distinct form of Total Value Locked (TVL) growth focused on real-world asset (RWA) TVL. After tokenization, real-world items-such as invoices, real estate, royalties, and other asset classes-can potentially bring trillions of new value into DeFi. Centrifuge tokenizes these real-world assets by turning them into NFTs on the Centrifuge Chain. RWA TVL tracks the active real-world asset value used for financing through Centrifuge.
Making Major Moves in Polkadot
Centrifuge holds the highest TVL within the Polkadot ecosystem and is set to be among the early projects to launch a Parachain on Polkadot. The Centrifuge chain is built on Polkadot for fast performance and low fees, while its financing dapp, Tinlake, is designed to access Ethereum’s liquidity. The native token CFG also includes its own bridge to Ethereum.
Connected to DeFi Industry Leaders
Centrifuge introduces real-world assets backing MakerDAO’s DAI and is working toward the first real-world asset market on Aave. By integrating directly with other DeFi protocols, Centrifuge supports immediate liquidity for its users and helps DeFi platforms become more resistant to destabilizing situations by using uncorrelated collateral.
Centrifuge Technology
DeFi on Ethereum and Polkadot
The Centrifuge Chain is built using Polkadot, while the dapp is bridged to Ethereum. This positions Centrifuge to benefit from two major crypto ecosystems-one known for DeFi liquidity (ETH) and another known for speed (DOT).
Centrifuge currently supports DAI and cUSD (Celo USD) within its pools, and in the future it can support additional stable coins such as Acala, Dai, or Celo. The team is also working on money markets across both Compound and Aave.
Introducing the First Dapp: Tinlake
Tinlake is the first dapp deployed on the Centrifuge chain. It’s an asset-backed lending application that enables users to obtain financing through DeFi. Real-world assets are converted into NFTs on the Centrifuge Chain and then funded via Tinlake. Tinlake is currently financing 10+ asset types and has more than $10m TVL.
Tech Highlights
DeFi investors can access a safer, more stable yield, designed to be uncorrelated with volatile crypto performanceLaunching as one of the first Parachains on Polkadot and KusamaClear investment pathways with key parameters hardcoded in the codePrivacy-enabled NFTs that bring real-world assets on-chainAn open platform that allows anyone to finance real-world assetsBuilt on Polkadot and bridged to Ethereum| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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