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 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.
Understanding Real-World Assets
Real-World Assets (RWAs) are traditional financial assets, such as bonds, fund shares, equities, and real estate, that have been tokenized and made accessible on the blockchain. Tokenization enables these assets to be represented digitally, giving users exposure to their economic performance while benefiting from the accessibility and transferability of blockchain technology.
In simple terms, RWA Earn lets you use your stablecoins to gain exposure to traditional financial markets and institutional investment products through blockchain technology.
How RWA Earn Works
Getting started with RWA Earn is simple:
- Choose a product: Browse the available RWA products and compare their yields, investment strategies, 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 will be reflected in the Net Asset Value (NAV) of your shares. You can monitor performance directly from the product page.
- Redeem at any time: Submit a redemption request whenever needed. Once the redemption process is complete, you will receive USDC in your account, typically within 1–7 business days.
For detailed step-by-step instructions, please refer to How to Get Started With RWA Earn.
Products and Asset Managers
Bybit RWA Earn currently offers access to bond funds and credit portfolios managed by established financial institutions, including PIMCO and CMB International (China Merchants Bank Group). The underlying assets are held under institutional-grade custody arrangements provided by State Street Bank and CMB Wing Lung Trustee.
RWA tokens on Bybit are issued by DigiFT, a Singapore-based digital securities exchange licensed by the Monetary Authority of Singapore (MAS). DigiFT manages the tokenization process, including institutional due diligence, legal structuring, smart contract deployment, and settlement. Each token is backed 1:1 by its underlying asset and issued in compliance with applicable securities regulations.
Note: The underlying assets are held in institutional custody rather than by Bybit. Share values are updated daily and may be verifiable on-chain, depending on the product structure.
Fees
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.
Risks to Consider
RWA Earn products are investment products, not bank deposits. Returns are not guaranteed, and principal protection does not apply.
Before investing, users 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.
Important: Please review the risk disclosures and product documentation available on each product page before investing.