Cryptocurrency

Four RWA lending protocols rank among top 10 lending apps with largest collected interest 

According to a recent analysis by crypto influencer Defilgnas, four Real World Asset (RWA) lending protocols rank among the top 10 Defi lending protocols collecting the maximum amount of accumulated interest paid by users over a 180-day period. I got

TrueFi (TRU), Maple Finance, Goldfinch (GFI) and Centrifuge (CFG) ranked 3rd, 4th, 7th and 10th respectively. @Defilgnas.

Top 10 DeFi Lending Protocols by Daily Cumulative Fees
Top 10 Defi Lending Protocols by Cumulative Daily Fees

As of January 24, TrueFi owns the third largest incremental interest with $12.1 million collected over the last 180 days. Maple Finance is close behind TrueFi in fourth place with $11.7 million. Goldfinch and Centrifuge also made the top 10 with $5.6 million and $3.2 million respectively.

Additionally, MakerDAO, which ranks sixth on the list with $6.6 million, also generates 57% of its total revenue from RWA.

$326 million worth of active loans

The data also brings the cumulative value of active loans across these four RWA protocols to $326 million.

Value of Active Loans by Protocol
Value of Active Loans by Protocol

Charts include TrueFi, Maple Finance, Goldfinch, and Centrifuge, as well as Clearpool, Ribbon Lend, and Credit. Overall, the total amount of active loans offered by these nine protocols is $361 million.

TrueFi, Maple Finance, Goldfinch and Centrifuge accounted for 90.3% of this total, totaling $326 million.

Maple Finance was the largest contributor with $127 million worth of active loans. Goldfinch, Centrifuge and TrueFi also add $103 million, $77 million and $19 million respectively.

The chart above does not include Maker Dao’s active RWA loans of approximately $620 million.

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