What is RWA Earn?
RWA Earn is a Bybit Earn product that allows you to invest in tokenized Real-World Assets (RWAs). It provides access to institutional-grade investment products, such as bond funds and credit portfolios, directly from your Bybit account using stablecoins.
Unlike DeFi yield products, where returns may come from token emissions, yields from RWA Earn are backed by real-world sources, including bond interest payments and the performance of underlying investment funds.
What are Real-World Assets (RWAs)?
Real-World Assets (RWAs) are traditional financial assets, such as bonds, fund shares, equities, and real estate, that have been tokenized and represented on the blockchain.
Tokenization enables these assets to be represented digitally, giving users exposure to the economic performance of the underlying assets through blockchain technology.
How does RWA Earn work?
RWA Earn follows a simple process:
- Choose a product: Browse available RWA products and compare their yields and risk profiles.
- Invest using USDC: Subscribe using USDC from your Funding Account or Unified Trading Account (UTA). Subscription orders are batched and processed approximately every 24 hours.
- Hold and track performance: Once your subscription is active, returns are reflected in the Net Asset Value (NAV) of your shares. You can track the growth of your share value on the performance chart.
- Redeem at any time: Submit a redemption request and receive USDC back within 1–7 business days.
For detailed step-by-step instructions, please refer to How to Get Started With RWA Earn.
Why can't I see certain RWA Earn products?
Certain RWA Earn products may be unavailable due to regulatory requirements, regional restrictions, or eligibility criteria.
To access RWA Earn products, you must:
- Complete Identity Verification,
- Be located in a supported country or region.
Please note that RWA Earn is not available in service-restricted countries or regions.
What are the minimum and maximum investment amounts for RWA Earn?
The following investment limits apply to each subscription:
- Minimum investment amount: 10,000 USDC
- Maximum investment amount: 5,000,000 USDC
Is my investment safe?
RWA Earn incorporates several safeguards related to asset custody, product management, and transparency:
- Regulated issuer: DigiFT is licensed by the Monetary Authority of Singapore (MAS).
- Institutional custody: Underlying assets are held by State Street Bank (PDO) and CMB Wing Lung Trustee (IGBF).
- Professional management: Products are managed by established financial institutions, including PIMCO and CMB International (China Merchants Bank Group).
- On-chain transparency: Share values are updated daily and may be verifiable on-chain, depending on the product structure.
Important: All investments carry risk, including the potential loss of principal. RWA Earn products are investment products, not bank deposits, and are not principal-protected. Please review the risk disclosures and product details available on each product page before investing.
How long does subscription take?
Subscription orders are batched and processed approximately every 24 hours. Once your subscription is confirmed, your position status will change from Processing to Active, and returns will begin to be reflected in your share value.
The estimated confirmation time is displayed on the product page after you subscribe.
How is the APR for RWA Earn products calculated?
The APR displayed for RWA Earn products is based on the historical performance of the product’s Net Asset Value (NAV) over the past 30 days. It reflects the product’s recent historical yield performance.
Notes:
- The displayed APR is based on historical data and is provided for reference only.
- APR is not calculated using a fixed interest formula and may change over time as the product’s NAV fluctuates.
- NAV performance is affected by the performance of the underlying assets and market conditions.
- Actual returns may differ from the displayed APR.
- Past performance does not guarantee future results and should not be considered investment advice or a guarantee of returns.
How do I redeem my investment?
Go to your RWA Earn assets, select the product, and enter the number of shares you wish to redeem. For detailed step-by-step instructions, please refer to How to Get Started With RWA Earn.
Please note the following:
- Subscription and redemption requests are processed in batches approximately every 24 hours.
- The full redemption cycle typically takes 1–7 business days.
- The redeemed funds will be credited to your Funding Account once the redemption process is complete.
- Redemption orders cannot be canceled once submitted.
- There is currently no redemption fee.
Are there any fees involved?
Bybit currently charges:
- 0% subscription fees
- 0% redemption fees
Fund management fees are already reflected in the product's Net Asset Value (NAV), so no separate management fee is charged. Any applicable on-chain gas fees are covered by Bybit.
Are there any risks associated with RWA Earn?
Yes. Before investing, you should carefully consider the following risks:
- Market risk: Share values may fluctuate due to changes in interest rates, credit spreads, or broader market conditions.
- Credit risk: Bond issuers may fail to meet their payment obligations.
- Liquidity risk: Redemption requests typically take 1–7 business days to process and may take longer during periods of market stress or reduced liquidity.
- Smart contract risk: Blockchain-based products may be exposed to technical vulnerabilities, exploits, or operational failures.
- Regulatory risk: Regulatory developments may affect the availability, transferability, or accessibility of RWA products.
- Counterparty risk: If the issuer defaults, becomes insolvent, or fails to fulfill settlement obligations, investors may be unable to redeem the underlying assets. In addition, operational or financial issues may disrupt token conversion and redemption processes, even if the underlying assets remain secure.
Always review the risk disclosures available on each product page and conduct your own research before making any investment decisions.