THE RWA LIQUIDITY OBSERVATORY
RWA liquidity
Follow collateral, borrowing exposure, and the evidence needed to unwind.
Explore RWA lending
Ethereum · Aave Horizon + selected Morpho wrappers
Observed collateral markets
Protocol observations. Lending cash and collateral exit capacity are separate.
| Collateral / venue | Loan asset | Liquidation LTV | Sale capacity | Redemption capacity | ||
|---|---|---|---|---|---|---|
| Waiting for live sources. | ||||||
Horizon debt is shown once below. Its per-asset debt is unknown; no proportional attribution is assumed. NAV is protocol-reported value, not a realizable exit quote.
EXECUTABLE EXIT EVIDENCE
No verified exit capacity yet.
Live collateral balances and lending-pool cash do not establish how much collateral an eligible liquidator can sell or redeem.
No T+1/T+3 values, liquidity coverage ratio or unwind calculation is displayed without supporting live evidence.
Observation provenance
API connectivity, freshness and coverage. A fetched response is not proof of an executable exit.
01 / COVERAGE
A disclosed subset, not a market-wide total
Aave Horizon collateral and canonical stablecoin reserves on Ethereum; Morpho's listed wUSCC and wJAAA contracts, filtered by exact collateral and stablecoin addresses. Wrappers stay separate from underlying funds. Other venues and RWAs are outside this view.
API observations are fetched on demand. Aave does not expose a snapshot block or timestamp in this query; fetched time is not proof of oracle freshness. Morpho observations older than five minutes are withheld.
02 / PROVENANCE
Every displayed amount comes from an API
No fixtures, demo fallback, price-shock assumptions or estimated exit values. Failed sources contribute no data; partial coverage is explicit. USD values are the providers' valuations and have not been independently reconciled onchain.