Centrifuge is a blockchain platform dedicated to bringing real-world assets (RWAs) onto decentralized finance (DeFi) systems, and has become one of the top RWA protocols by total value locked as of May 2025

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Centrifuge currently has a total value locked (TVL) of around $441 million and a market capitalization of $115 million, according to DeFiLlama data. Meanwhile, the Centrifuge RWA protocol is the 8th largest by TVL

Centrifuge, a platform focused on bringing real-world assets (RWAs) on-chain, announced today, May 22, that it has launched institutional-grade RWA products on the Solana blockchain.