TVL is Meaningless... Without Actual Usage (Part Two)
In Part One, we showed why TVL is the most overrated metric in crypto.
Without actual RWA usage, TVL becomes nothing more than a vanity metric. Now, let’s talk about what real adoption looks like at scale.
Before Plume Genesis, there were ~104K RWA holders worldwide. That number had grown slowly from ~58K in January 2024
But in just under three months since Plume’s Mainnet launch, RWA holders exploded to 367K+. That's more than 3X growth in the total number of asset holders globally.
We didn’t just join the market. We grew it. Today, Plume has more RWA asset holders than Ethereum and Solana. Combined.
Global Growth, Real Adoption
We’re proud to have built a truly global community using Plume’s dApps and RWAs.
Today, users from 185+ countries have interacted with our Mainnet. It’s a testament to the diversity and reach of this ecosystem, and we’re committed to building not just for one region, but for the entire world.
Here's where we've seen some of the strongest adoption accelerate since Mainnet:
- Southeast Asia: +81.7% DAU growth
- North America: +32.1% DAU growth
- APAC overall: +27.4% DAU growth
And we're not slowing down.
Not only is Plume the fastest-growing RWA chain, our holder volume is on a clear path – growing another 22% in just the last month.
That momentum is proof of the movement we’re building: diverse, global, and built for everyone.
Usage Compounds
Plume isn’t just attracting capital, it’s attracting activity.
Our community of 190K-strong RWA holders love Plume because we deliver:
- Access to assets that were previously out of reach: earn yield from Superstate, Apollo, Blackrock, Blackstone, Invesco, and more.
- The only RWAfi ecosystem: looping, collateralizing, and trading RWAs just as you would any crypto native asset
- Access to assets you can’t get anywhere else: GPUs, uranium, mineral rights, durian farms, and so many more.
Users are:
- Staking stables in Nest to earn yield on RWAs.
- Using receipt tokens as collateral across DeFi apps.
- Looping, collateralizing, and trading RWAs just like crypto-native assets.
Every time an asset is staked, collateralized, or swapped, Plume’s ecosystem becomes more liquid, more efficient, and more attractive.
That’s the flywheel effect: Liquidity flows in → Users put it to work → Yields get reinvested → Adoption compounds.
Why This Matters
Plume has already proven that real adoption is happening here, today.
With more users, more activity, and more global reach than any other RWA chain, we’re setting the standard for what onchain finance can look like at scale.
The future of RWAs isn’t about locked capital. It’s about compounding ecosystems built for real utility.
Plume here to reshape the global financial system, one real-world asset at a time.
