Multiplifi’s TVL Explodes: $187M in a Blink! RWAs to the Rescue?

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The Low-Down on the High-Up

  • Multiplifi’s TVL did a little jig and tripled to $187M in less time than it takes to brew a cup of tea.
  • Turns out, it wasn’t a gradual waltz but a single, dramatic leap-like a wizard finally finding his wand.
  • The magic? rwaUSD and Centrifuge’s RWA pipelines, not your run-of-the-mill DeFi shenanigans.

Ah, Multiplifi, the DeFi protocol that’s been busier than a dwarf in a gold mine, has seen its total value locked (TVL) skyrocket to nearly $187 million. And no, it wasn’t because someone accidentally dropped their life savings into the wrong wallet. This was a deliberate, institutional-sized splash, thanks to tokenized real-world assets waltzing onto the platform faster than a troll chasing a free lunch.

The timing? As precise as a wizard’s spell. It’s like the bigwigs said, “Let’s move this capital on-chain before tea time,” and poof-there it was. No gradual deposits, just a single, massive inflow that made the balance sheet do a double-take.

rwaUSD: The New King of the Castle

Now, rwaUSD is hogging the spotlight like a bard at a tavern, making up a whopping 67% of Multiplifi’s TVL. This stablecoin, backed by U.S. Treasuries, dollar deposits, and cash equivalents, is issued by BitGo and spruced up by World Liberty Financial. Fancy, right?

In just 30 days, rwaUSD’s market cap hit $4.93 billion, and its transfer volume jumped to $32 billion. Active addresses? Nearly doubled. Seems like this isn’t just idle money sitting around-it’s working harder than a goblin in a forge.

Social media is abuzz with speculation, of course. Users are chattering like magpies about Multiplifi’s shift toward infrastructure partnerships instead of the usual farming antics. The $50M RWA-backed stablecoin vault with AFI Protocol? Probably the cherry on top of this liquidity sundae.

Seems this was the reason @multiplifi TVL surged soo much.

Thinking multiplifi would do more partnerships like this. Infra as opposed to the normal stablefarms we know.

Also today is the last day to sell your crystals. So sell now if you have thoughts of selling.

gMultipli

– Jux (@Jameel69420) January 28, 2026

RWAs: The New Black in DeFi

Multiplifi’s partnership with Centrifuge isn’t just a handshake-it’s a full-on embrace of tokenized AAA CLO exposure, equity, and Treasury instruments. Instead of farming incentives, they’re positioning themselves as the infrastructure wizards, turning RWAs into productive assets. Yield on tokenized stocks? Borrowing against them? It’s like alchemy, but with fewer explosions.

And it’s not just Multiplifi. The RWA train is chugging along, with total on-chain value hitting $24.02 billion in the last 30 days. Tokenized Treasuries, private credit, and equities are becoming the new long-term residents of DeFi, not just speculative tourists.

Even Solana’s RWA ecosystem has crossed $1 billion, thanks to tokenized Treasury funds and yield products. It’s like the grown-ups have finally arrived, bringing stability to the party.

So, Multiplifi’s TVL jump? Less of a fluke, more of a preview. As RWA pipelines move on-chain, expect growth in blocks, not drips. And maybe, just maybe, DeFi will finally grow up-or at least stop tripping over its own feet.

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2026-01-29 23:00