Most people think RWA tokenization is done once an asset gets minted onchain, but minting is step zero.


The value is plugging it into a DeFi environment, like lending, collateral, and LPing.
deSPXA by @centrifuge is a good example. With the S&P 500 hitting an ATH, more people will FOMO into it than Bitcoin IMO.
It trades 24/7 and supports mint/redeem at NAV via authorized participants, just like ETFs, but provides direct onchain S&P 500 exposure rather than wrapping an off-chain ETF share.
So here's how to use it:
1. Buy deSPXA. You're holding S&P 500 exposure onchain
2. Deposit it on Morpho and borrow USDC against it
3. LP into deSPXA/USDC pool
4. Trade it anytime on Aerodrome, Definitive, etc
S&P 500 ETFs hold around $2.4T in assets. Even if a small portion of that becomes usable onchain, it's an insane boost for DeFi TVL and usage.
Tokenization gets interesting at this stage, when the asset is composable, not just there for holding.
CFG18,04%
MORPHO-1,24%
USDC-0,01%
AERO8,8%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin