DWF Labs

A Web3 market maker and strategic investor providing capital and liquidity to institutions and builders.

Managing Partner: @ag_dwf

[DWF Labs @DWFLabs]

We are launching the $75M DWF Labs DeFi Fund, focused on perp DEXs, money markets, and yield protocols across @ethereum, @BNBCHAIN, @solana, and @base.

Capital + liquidity + ecosystem support for teams ready to scale.

[DWF Labs @DWFLabs]

As tokenization matures, value is spreading beyond Ethereum.

Major issuers like BlackRock and Franklin Templeton are increasingly deploying the across multiple chains rather than picking just one. Ethereum's share has fallen from 70% in Jan 2025 to 44% today.

Year to date, total tokenized asset value has grown 61% to $35B. Ethereum still leads in absolute terms, but other networks are growing much faster.

1) Ethereum: +$3.24B, +26%
2) BNB Chain: +$3.21B, +161%
3) Stellar: +$2.21B, +281%
4) Solana: +$1.61B, +115%
5) Avalanche: +$1.54B, +234%

[DWF Labs @DWFLabs]

We are excited to renew our long-standing partnership with @dmcccrypto for another year of supporting projects through fundraising, mentorship, advisory, and joint ecosystem initiatives 🤝

[DWF Labs @DWFLabs]

Tokenized stocks are one of the fastest growing categories within RWAs.

Almost $1.9B has come onchain, with 464K holders across all issuers.

@xStocksFi dominates with 54% of all holders, @OndoFinance is at 30% and newly launched @RobinhoodCrypto has already grown to 12%.

[DWF Labs @DWFLabs]

In less than 13 days, @RobinhoodCrypto Chain has crossed $4B in cumulative DEX volume.

99.6% of that is on @Uniswap, driven by memecoins.

The chain now clears $800M+ in daily volume, ranking third behind Solana and BNB Chain.

[DWF Labs @DWFLabs]

Prediction markets are thriving commercially, with @Kalshi recently hitting $9B in weekly notional volume, and @Polymarket hitting $3B.

However, the composition of that volume is different from the 2024 election period, when prediction markets first grew in popularity.

👉 Average bet sizes are down 85%+
👉 Percentage of profitable traders dropped from 30% to 16%
👉 Sports bets have increased significantly in volume

@DWFVentures explores the shift in prediction markets, and whether they are drifting from their original use as forecasting tools 👇

If you're building and looking for support, reach out to the DWF Ventures team here: https://t.co/JAMhtgP5Rd

[DWF Ventures @DWFVentures]

https://t.co/yKhhl0X0d5

[DWF Labs @DWFLabs]

Markets will be 24/7.

The perpification of RWAs is driving that shift. Over the last few months, we've been scaling our capabilities to provide liquidity for these markets.

Today, we facilitate 1 in 9 trades in the category. And we're just getting started.

[Andrei Grachev 🦅🟠 $FF @ag_dwf]

Our market share on RWA perps exceeds 12%, on some venues we trade more than 40% of the entire volumes.
Currently @DWFLabs performs 1 of 9 trades of RWA perps on centralized and decentralized exchanges globally
Scaling up 🚀

[DWF Labs @DWFLabs]

Read more: https://t.co/7oqaXmVAx5

[DWF Labs @DWFLabs]

.@ag_dwf on @Strategy's turning point:

In @Reuters👇

[DWF Labs @DWFLabs]

In @CCNCitizens 👇

[DWF Labs @DWFLabs]

Three tiers lead in demand in the tokenization market:

1️⃣ Credit risk premium (>7%): Private credit dominates, with yield that scales alongside AUM through vertical integration or DeFi leverage

2️⃣ Risk-free rates (3-4%): Highly commoditized yields, mainly competing on distribution and composability

3️⃣ No yield (0%): Assets with strong demand on their own, with onchain access providing price exposure

@DWFVentures sees the next opportunity in two categories: non-USD denominated private credit and bonds (94% of tokenized assets are USD today), and enabling onchain yield on commodities and equities.

More in their article below 👇

[DWF Ventures @DWFVentures]

https://t.co/FfC7WrDdo3

[DWF Labs @DWFLabs]

The TCG wave is alive and well.

Volumes have grown 9.3x from $64.4M to $597.7M over the last 12 months.

@Collector_Crypt dominates with 68% market share. It's volume is up 23x year-on-year, hitting $408M in June.

[DWF Labs @DWFLabs]

Equities dethroned commodities as the leading category in RWA perps open interest for the first time in June.

Starting the year at $166M, it grew 7.9x to $1.3B. Accounting for 35% of total RWA OI for the month. Commodities was a close second at $1.2B.

The rapid growth has been primarily driven by popular memory stocks such as SK Hynix, Micron and Sandisk.

[DWF Labs @DWFLabs]

Prediction markets hit a new all-time high in open interest this week.

$1.95B across all platforms.

Sports markets are driving the surge but non-sports categories like politics and economics also reached new highs of $837M across @Kalshi and @Polymarket.

[DWF Labs @DWFLabs]

https://t.co/KREpbYuiHI

[DWF Labs @DWFLabs]

Knowing how to take off but not how to land doesn't make you a pilot.

@ag_dwf explains how this logic applies to investments in crypto projects 👇

@Cointelegraph @rkbaggs

[DWF Labs @DWFLabs]

https://t.co/MQUU1WIxYs

[DWF Labs @DWFLabs]

Tokenization has a liquidity problem - the assets that would benefit most from being onchain, such as private credit, are the ones with the least secondary liquidity.

Four approaches are emerging to solve it:

1️⃣ Stablecoin collateral wrappers: issuers such as @maplefinance enable tokenized assets as collateral, allowing users to tap into yield while achieving deeper liquidity.

2️⃣ Better oracles: @chainlink, @PythNetwork, @redstone_defi are serving 24/7 tokenized markets with real-time pricing.
Real-time pricing alongside asset risk scoring would significantly boost trust and asset composability.

3️⃣ New redemption mechanisms: @symbioticfi's Liquid Lane uses RFQ-based vaults to compete on redemption discounts, providing faster execution while reducing spreads on the assets.

4️⃣ Vertical integration: @Figure controls stages from origination to price discovery to settlement in-house.

Read more from @DWFVentures's deep dive into tokenization 👇

[DWF Ventures @DWFVentures]

https://t.co/FfC7WrDdo3

[DWF Labs @DWFLabs]

.@AlessiaBaumgar, VP of Ecosystems, shares her outlook on where the market is headed with @Ask_ORO:

1️⃣ On underrated areas:
👉 Beyond the usual conversation around prediction markets and tokenization, Alessia points to yield generation as a space with large growth potential
👉 Blockchain-based identity and global citizenship would require collaboration with governmental entities, and could be an interesting use of blockchain technologies

2️⃣ On institutional adoption:
👉 Adoption is stronger now and is moving independently of price
👉 At a recent institution-focused event in Switzerland, banks showed clear interest, with both major and smaller banks building out digital asset teams

Full episode 👇

[ORO @Ask_ORO]

ORO Beats Ep. 14 is live.

@AlessiaBaumgar and @katerinaviko are in the room now. Join, drop your wallet in the comments, and walk away with 5,000 ORE Points.

https://t.co/nTixb43xRc