2025-12-30 14:27:17

MakerDAO's financial landscape is quietly undergoing a major transformation. According to the latest monthly report, its RWA (Real World Assets) investment portfolio has surpassed $4.2 billion, which is not just a number but a fundamental shift in the protocol's revenue structure.

Specifically, the asset allocation includes: US short-term Treasury bonds ($2.41 billion, with an annual yield of 4.82%), followed by commercial real estate mortgages ($1.14 billion, mainly in New York and London), and corporate credit products ($680 million). This portfolio is no longer marginal—RWA income now accounts for 65% of the protocol's total revenue, directly driving the DAI stability fee from 3.2% down to 1.9%.

More importantly, founder Rune Christensen recently announced a plan to scale RWA to $15 billion by the end of 2025. Imagine that by then, DAI could be fully backed by real assets, effectively creating a real-world anchor for the entire DeFi ecosystem. MakerDAO is evolving from a purely on-chain protocol into a bridge connecting traditional finance and Web3.

DAI-0,04%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
5
Repost
Share

Comment

Add a comment

BearWhisperGod

· 2025-12-31 18:47

That's not right. 15 billion RWA is the real ambition... Rune, this guy really wants to drag the entire DeFi back into the real world.

View OriginalReply0

faded_wojak.eth

· 2025-12-30 14:56

No way, the $4.2 billion RWA part… Can you really trust the traditional finance stuff? Feels like MakerDAO is betting that government bonds won't blow up.

The goal of 15 billion sounds crazy, Rune really dares to make promises, but actually making it work is the real key.

DAI stability fee reduced from 3.2% to 1.9%, this yield logic… feels like setting a trap for itself?

Wait, isn’t this just CeFi with a different disguise? Turning on-chain protocols into traditional financial tools is truly pointless.

Real-world anchor? Uh… Can things like US Treasuries be considered on-chain native anchors? That’s a bit ironic.

View OriginalReply0

BlockchainFries

· 2025-12-30 14:54

$15 billion RWA scale? Rune really wants to turn MakerDAO into an agent of traditional finance, I’m starting to lose confidence.

View OriginalReply0

SerumSquirrel

· 2025-12-30 14:53

NGL, Maker's move is quite bold; they've directly transferred traditional financial money onto the chain.

View OriginalReply0

MercilessHalal

· 2025-12-30 14:51

15 billion? Rune really dares to think, but on the other hand, reducing the stable rate to 1.9% is indeed attractive. If DAI is truly fully backed by US debt, this will be interesting... Has the point of integration between traditional finance and on-chain finally been found?

View OriginalReply0