Best of · Ethereum · Updated
The best Real-World Assets dApps on Ethereum in 2026
We track 48 Real-World Assets dApps that run on Ethereum and have reviewed 28 of them in full. Our top pick is Paxos Gold. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Paxos Gold
Real-World Assets · Ethereum
PAXG gives you blockchain-based exposure to gold, with each token representing one fine troy ounce held in London vaults. Check current reserve reporting, redemption eligibility and total trading costs before you buy.
ScoreScore 6.5 out of 10TVL — - 2
OpenTrade
Real-World Assets · Avalanche, Ethereum, Plume
OpenTrade is infrastructure for fintechs and businesses that want to offer stablecoin yield, not a straightforward consumer savings app. Fees, licensing and key details about its safeguards need checking before you commit funds.
ScoreScore 6.2 out of 10TVL $246M−0.5% - 3
Boson Protocol
Real-World Assets · Polygon, Ethereum, Base +2
Boson Protocol is infrastructure for escrow-backed digital and physical commerce, including transactions made by AI agents. It offers useful building blocks, but fees, security details and the exact user experience need checking before you commit funds.
ScoreScore 6.2 out of 10TVL $230K−0.1% - 4
Tether Gold
Real-World Assets · Ethereum
Tether Gold (XAU₮) gives you blockchain tokens backed by physical gold, with a way to check gold allocations and redeem through the issuer. Weigh the issuer and redemption terms before buying.
ScoreScore 6.2 out of 10TVL — - 5
VNX
Real-World Assets · Ethereum, Polygon, Solana +3
VNX offers onchain CHF and GBP stablecoins and tokenized gold, with a Bermuda Class M digital-assets licence. It may suit users seeking non-USD assets, but check fees, redemption terms and reserve disclosures before funding an account.
ScoreScore 6.1 out of 10TVL — - 6
Aktionariat
Real-World Assets · Ethereum, Polygon, Optimism +1
Aktionariat gives Swiss companies tools to issue and manage tokenized shares, with an app for investors to hold and trade them. Before investing, check the specific share’s rights, availability and costs: fees, KYC rules and licensing details are not published.
ScoreScore 6.1 out of 10TVL — - 7
Sierra Protocol
Real-World Assets · Ethereum, Avalanche, Plume
Sierra Protocol offers onchain yield vaults for real-world assets and DeFi, with options to deposit or build vaults. Check each vault’s fees, withdrawal terms and underlying custody before depositing; Sierra doesn’t publish those details clearly across the product.
ScoreScore 5.9 out of 10TVL $36.7M−7.1% - 8
Sky RWA
Real-World Assets · Ethereum
Sky.money offers stablecoin yield, lending vaults and SKY staking through a non-custodial interface. Returns are variable, and you should check each strategy’s risks and exit terms before depositing.
ScoreScore 5.8 out of 10TVL $61.2M−5.9% - 9
Brickken
Real-World Assets · BNB Chain, Ethereum, Base +2
Brickken is infrastructure for businesses issuing and managing tokenized assets, not a simple retail crypto app. It offers investor onboarding and compliance tools, but pricing, custody arrangements and the legal terms of each offering need checking before you commit.
ScoreScore 5.8 out of 10TVL $42.4M−0.1% - 10
Alcum
Real-World Assets · Ethereum
ALCUM offers three different ways to take copper exposure, but they carry very different ownership and credit risks. Read the product terms closely: returns, fees and exit rules depend on which one you choose.
ScoreScore 5.8 out of 10TVL $239K0.0% - 11
IXS
Real-World Assets · Ethereum, Base, Polygon +3
IXS offers stablecoin deposits into tokenized real-world-asset vaults across several chains. Before depositing, check each vault’s eligibility, withdrawal terms and fees; IXS does not publish a complete fee schedule.
ScoreScore 5.8 out of 10TVL $85.7K−6.3% - 12
KAIO
Real-World Assets · Sei, Immutablezkevm, Aptos +11
KAIO provides onchain access to selected institutional funds, but it is aimed at accredited and institutional investors—not casual DeFi users. Check eligibility, redemption terms and total costs before requesting access.
ScoreScore 5.2 out of 10TVL $34.7M−10.5% - 13
KUMA Protocol
Real-World Assets · Ethereum, Linea, Polygon +1
KUMA Protocol turns regulated, bond-backed NFTs into transferable tokens that accrue interest. Check the asset’s terms, redemption route and total transaction costs before committing funds.
ScoreScore 5.2 out of 10TVL $3.07M+0.0% - 14
Usual USD0
Real-World Assets · Ethereum
Usual USD0 is an Ethereum stablecoin backed by tokenized short-term US Treasury bills. Its collateral and product claims need careful checking: redemption terms, fees and the legal protections for holders are not published here.
ScoreScore 5.0 out of 10TVL $81.2M−2.1% - 15
Anemoy Capital
Real-World Assets · Ethereum, Base, Celo
Anemoy offers tokenized funds linked to assets such as U.S. Treasuries, CLOs and the S&P 500. Before investing, check each fund’s eligibility, fees, redemption terms and risk documents.
ScoreScore 5.0 out of 10TVL $52.2M−49.2% - 16
Tangible RWA
Real-World Assets · Polygon, Arbitrum, Optimism +2
Tangible offers tokenized real-world assets, including NFTs, real-estate baskets and a Treasury-backed rebasing token. Its asset and redemption details, costs and audit information need careful checking before you commit funds.
ScoreScore 4.8 out of 10TVL $41.9M−0.3% - 17
Arca Labs ArCoin
Real-World Assets · Ethereum
ArCoin is a tokenized share of the Arca U.S. Treasury Fund, not a general-purpose crypto token. Before considering it, check the latest prospectus: the disclosed fee cap ended April 30, 2026, and selling may be difficult.
ScoreScore 4.8 out of 10TVL $455K−0.0% - 18
Chintai
Real-World Assets · Ethereum, Solana, EOS +1
Chintai Nexus is a marketplace for tokenised real-world assets, with permissioned tokens and embedded compliance. Fees, licensing details and investor access requirements need checking before you commit funds.
ScoreScore 4.8 out of 10TVL — - 19
eva Markets
Real-World Assets · Ethereum
eva Markets packages individual lending positions into portable tokens you can use across DeFi. The product flow is clear, but check the borrower, exit terms, fees and audit details before minting.
ScoreScore 4.5 out of 10TVL $4.95M−1.8% - 20
Frigg.eco
Real-World Assets · Ethereum
Frigg.eco is a platform for renewable-energy project finance, helping developers and investors source, assess and monitor projects. It does not publish enough about pricing, investor access or safeguards to judge whether it is suitable for putting money to work.
ScoreScore 4.5 out of 10TVL $183K0.0% - 21
Zivoe
Real-World Assets · Ethereum, Pharos, Base +8
Zivoe offers KYC-gated access to tokenized private-credit strategies, with dashboards and weekly redemptions when liquidity allows. Check fees, strategy terms and risks before depositing.
ScoreScore 4.5 out of 10TVL $3.04K−0.0% - 22
Midas
Real-World Assets · Ethereum
MidasFX is a leveraged forex and CFD broker, not an on-chain real-world-asset platform. Its MT4/MT5 access and crypto funding are clear, but check its regulatory status and withdrawal terms before depositing.
ScoreScore 4.5 out of 10TVL — - 23
Propy
Real-World Assets · Ethereum
Propy offers AI-assisted real estate title and escrow services, not simply a way to buy property with crypto. Its fees, licensing details and the PRO token’s role need checking before you commit.
ScoreScore 4.5 out of 10TVL — - 24
GAIB
Real-World Assets · Ethereum
GAIB lets you mint AID with USDC on Ethereum and describes it as backed by cash and US Treasuries. Yield, fees, redemption terms and reserve verification need closer checking before you commit funds.
ScoreScore 4.5 out of 10TVL — - 25
Polymath
Real-World Assets · Ethereum
Polymath offers a white-label platform for issuing and managing tokenized assets. Its costs, custody arrangements and licensing are not spelled out, so ask for those details before committing.
ScoreScore 4.2 out of 10TVL —
Real-World Assets dApps on Ethereum: the numbers
- Tracked
- 48
- Reviewed
- 48
- Total TVL
- $692M
- Avg. score
- 5.1/10
The SkyBitcoins index lists 48 real-world assets dApps on Ethereum. Every one of them has a full review. Across the 31 with TVL data, the combined value locked is $692M, counting value on every chain they support. OpenTrade is the clear leader, holding 35% of it. The five largest make up 70% of the total; the median is $2.20M.
Ranked by TVL, OpenTrade ($246M), Usual USD0 ($81.2M) and Sky RWA ($61.2M) lead the field. The best-rated is Paxos Gold with 6.5/10, followed by OpenTrade (6.2) and Boson Protocol (6.2). The 28 rated real-world assets dApps average 5.1/10, and none scores 8 or above yet.
Beyond Ethereum, these real-world assets dApps most often also run on Base (12), Polygon (9) and Arbitrum (9). Of the 41 with a confirmed status, 40 are active and 1 is inactive or wound down. In the past week, total value locked fell 10.9%. Nawa Protocol gained the most (+0.1%), while Anemoy Capital dropped the most (−49.2%).
Largest by TVL
- 1
OpenTrade$246M
- 2
Usual USD0$81.2M
- 3
Sky RWA$61.2M
- 4
Anemoy Capital$52.2M
- 5
stUSDT$47.7M
Highest rated
- 1
Paxos Gold6.5
- 2
- 3
Boson Protocol6.2
- 4
Tether Gold6.2
- 5
VNX6.1
Method
How we ranked them
Reviewed dApps come first. Each SkyBitcoins review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
Related guides
Blockchain
How to Use Base: A Practical Guide for 2026Base is an Ethereum Layer 2 that lets you use compatible wallets and apps with ETH for gas. Learn how to set up a wallet, move funds, estimate costs and avoid common risks.
Frequently asked questions
What is the largest real-world assets dApp on Ethereum by TVL?
OpenTrade is the largest real-world assets dApp on Ethereum by total value locked, with $246M across all the chains it supports. It is followed by Usual USD0 ($81.2M) and Sky RWA ($61.2M). TVL figures come from DefiLlama and change daily.
Which real-world assets dApp on Ethereum has the highest SkyBitcoins score?
Paxos Gold has the highest score at 6.5/10, ahead of OpenTrade (6.2) and Boson Protocol (6.2). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many real-world assets dApps on Ethereum has SkyBitcoins reviewed?
SkyBitcoins tracks 48 real-world assets dApps on Ethereum. Of these, 48 have a full review and 31 report value locked, $692M in total, counting value on every chain they support.
Which real-world assets dApps on Ethereum grew the most this week?
Among real-world assets dApps with at least $1M locked, Nawa Protocol had the biggest 7-day TVL gain (+0.1%) and Anemoy Capital the biggest drop (−49.2%). Combined TVL moved −10.9% over the same seven days.
What is the average score for real-world assets dApps on Ethereum?
The 28 rated real-world assets dApps on Ethereum average 5.1 out of 10. Of these, 0 score 8 or higher and 13 score below 5.