What happens
RealFi went live on Cardano mainnet on October 1. USDrf is a dollar token backed by Treasuries and private credit. Staked sUSDrf targets up to 9% APY, variable and not guaranteed.
The numbers
- On October 2, Cardano held about $67.5M in stablecoins against $65.3M in DeFi TVL
- At 12:12 UTC on October 5, ADA traded at $0.2722, up about 11% in 24h
- Spot volume reached $1.09B, and ADA gained about 10% against BTC
- The 50 day average crossed the 200 day around October 3, the first daily golden cross since August 2025
What I'm watching
Almost as many idle dollars as working ones. RealFi routes them through Lace, Liqwid and SundaeSwap. If those stablecoins move into yield, TVL should start pulling ahead of the stablecoin count.
Note: RealFi is not open to US, EU or UK users.
Rails first. Chart second.
NFA.
Sources: 📖
