Skip to main content
A dedicated 20% of net income continuously deepens RWT liquidity, so holders can enter and exit with minimal slippage.

Why it matters

RWT has no on-chain redeem, so the only way out is the secondary market. Deep, stable liquidity is therefore essential: it keeps slippage low, supports the price from below, and makes RWT a reliable tradable asset rather than a locked position.

How it is funded

Of the net basket income, 20% is routed to liquidity on an ongoing basis. The concrete mechanism (protocol-owned liquidity or otherwise) and the management of these funds live in the off-chain layer, keeping the on-chain core minimal. As the basket earns, liquidity grows automatically alongside Book NAV and staking rewards.

Where it lives

Liquidity sits in on-chain pools across DEXs, such as the Meteora RWT / USDC pool. The widget above lists every live pool with its size and a link.

Liquidity and buyback

Two income streams touch the same market: the 20% liquidity flow deepens it, while the 30% staking rewards in buyback mode purchase RWT from it. These partly offset each other, so the off-chain layer’s strategy accounts for both. See Staked RWT for how rewards are sourced.