HYB deRWA (DEHYB) market snapshot:
Price $0.984246, market capitalization $143.89K,
and reported 24-hour volume $0.
Trading activity:
Reported 24-hour volume equals 0.00% of market capitalization.
YearBull indicators:
YearBull Rank #3,429. Bull Score 61/100.
YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment.
Cycle Early. Observed price change: 24h 0.04% · 7d 0.15% · 30d -0.02%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.
Data history: 48 daily observations available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is HYB deRWA?
Source description
“deRWA is a token wrapping service built by Centrifuge that makes institutional real-world asset (RWA) funds freely transferable on public blockchains. Institutional fund tokens are normally subject to transfer restrictions that limit them to whitelisted, KYC-verified wallets. deRWA removes that constraint at the token layer: the issuer, Open Market Factory Limited (OMF), invests in the underlying fund and issues freely transferable securities whose blockchain ledger serves as the legal share registry, meaning an on-chain transfer constitutes a full transfer of ownership and of the holder's rights against the issuer. Each deRWA token is a permissionless representation of a specific underlying fund. Current tokens include deJAAA (AAA-rated CLO strategy), deJTRSY (US Treasury strategy), deSPXA (S&P 500 index exposure), deCRDX (credit strategy) and deHYB (US high yield bonds). Token prices are derived from the net asset value of the underlying fund, published on-chain via oracle updates, and the tokens accrue the fund's return through price appreciation rather than rebasing. Because deRWA tokens use a freely transferable transfer hook, they can be held, transferred, and bridged across supported networks without whitelisting, and can be used in DeFi applications such as lending markets, decentralized exchanges, savings products, and rate-based trading strategies. Subscription is open to non-US persons not subject to sanctions; redemption at NAV directly with the issuer requires full KYC and sanctions screening, while other holders can exit through secondary markets.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
HYB deRWA project facts
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
HYB deRWA FAQ
How does deRWA make institutional fund tokens transferable on public blockchains?
The project states that deRWA uses a token-layer structure in which Open Market Factory Limited invests in an underlying fund and issues freely transferable securities. The blockchain ledger serves as the legal share registry, so an on-chain transfer represents a transfer of ownership and the holder’s rights against the issuer, rather than merely moving a restricted digital receipt.
What types of underlying strategies are represented by deRWA tokens?
Each deRWA token represents a specific underlying fund. The project lists deJAAA for an AAA-rated collateralized loan obligation strategy, deJTRSY for US Treasuries, deSPXA for S&P 500 exposure, deCRDX for a credit strategy, and deHYB for US high-yield bonds. These tokens are presented as distinct instruments rather than a single pooled deRWA asset.
How are deRWA token prices and fund returns represented on-chain?
The project describes token prices as being derived from the net asset value of the corresponding underlying fund, with oracle updates publishing that value on-chain. Returns accrue through token-price appreciation instead of rebasing the token balance. As a result, the token quantity can remain unchanged while its stated value reflects changes in the underlying fund’s NAV.
How can deRWA tokens be used across networks and DeFi applications?
According to the project, deRWA tokens use a freely transferable transfer hook, allowing them to be held, transferred, and bridged across supported networks without wallet whitelisting. The project also positions them for DeFi applications including lending markets, decentralized exchanges, savings products, and trading strategies based on interest rates.
Who can subscribe to or redeem deRWA tokens?
The project states that subscription is available to non-US persons who are not subject to sanctions. Direct redemption at the underlying fund’s NAV through the issuer requires full KYC and sanctions screening. Holders who do not use that direct redemption route may instead seek to exit through secondary markets, where availability and execution depend on those markets.
YearBull Rank on this page
Current YearBull Rank for hyb-derwa: #3429.
Rank timeline (last 365 days)
Rank movement (nearest daily data).
Reading rule: lower numbers mean higher placement.
- 7d window (2026-10-21): #4203 → #3429 (up by 774).
- 30d window (2026-09-28): #7995 → #3429 (up by 4566).
Risk profile: minor drift can still matter at scale. If it moves only on certain days, it can be update cadence.
Liquidity posture: deep markets usually produce smoother rank paths. If the curve improves but won’t hold, treat it as flow-driven.
Cycle framing: sideways periods still reshuffle relative placement. If 7d and 30d disagree, treat it as a transition window.
Market structure: venue mix can alter rank without changing the narrative. If rank improves slowly, it often reflects broader access or steadier participation.
YearBull Rank is a relative placement score used on YearBull to compare a coin against peers within the same dataset. Lower rank numbers correspond to stronger relative placement. Treat it as a directional context tool rather than a standalone verdict.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
