Plume Vaults Tops $600M in Tokenized Asset Volume
Plume Vaults has achieved a significant milestone in tokenizing real-world assets (RWA), settling over $600 million in RWA volume. This figure represents actual economic activity, not just capital parked to capture a yield or points program.
The vaults consolidate assets like US Treasuries, private credit, and collateralized loan obligations (CLOs) into non-custodial, yield-generating vault tokens on multiple chains, including Ethereum, Solana, Avalanche, and BNB Chain. The reported yields run up to approximately 20% APY across the diversified portfolio of tokenized assets.
The mechanism here is different from inflationary token emissions or circular DeFi incentives: yields are derived from actual cash flows generated by the underlying credit instruments. This approach sets Plume apart in the RWA space, where competitors focus on purely cash-equivalent instruments like tokenized Treasuries.