How do you use the existing protocol on BNB Chain to release RWA's trillion-grade financial value
Recently, Binance's Fund @yzilabs released a book about BNB valuesEco-ResearchI don't know。
After reading this, I have three feelings:
1, BNB platform coins, public chain Token, eco-entitlement vouchers are the rare assets of value at the moment。
The Binance Ecology, particularly the BNB Chain Eco-type DeFi Agreement, has been fully developed, and the interlocking combination of the agreements is self-contained as the financial ecology of the BNB chain。
The last feeling is that when BNB Chain's ecological infrastructure is ready, when all the financial practices on the chain are purified, what is the next point to trigger the BNB Chain's financial chain
So, let's just say, how do we build on the BNB Chain's $16.2 billion total
Based on this, we have compiled the following article:
DeFi is a decentralised variant of traditional finance。
Although the traditional finance has been restructured with block-chained books and smart contracts, its essence remains finance. As a result, DeFi's evolutionary path is not out of line with financial evolution. By reviewing and taking stock of DeFi ' s development history and current state of affairs, together with the evolution of finance, we can derive the conditions and possible paradigms for a re-emergence of the financial future in the chain。
Since the DeFi outbreak in 2020, all versions of traditional finance have been consolidated and improved。
We now have a chain of exchanges, like Uniswap in the Pacific and PancakeSwap in the BNB Chain. We now have chained banks, such as AAVE in the Taifung ecology and Venus Protocol in the BNB Chain ecology. We now have chain-based revenue agreements, such as the Lido, BNB Chain, Lista DAO. We now have chain-based separability agreements, like Pendle, through PT and YT. We still have chain contracts, options, etc。
A decentrized version of all traditional financial products is available in the chain。
We have even studied the traditional financial package, turning raw assets such as ETH, BNB, through agreements such as Lido, Lista DAO, into base-income assets, and then, through Pendle, the principal-rate separation, and the creation of the principal-interest separation market through robust users and leverage users’ expected game。
DeFi was born in 2020 and completed almost 300 years of traditional finance in five years. The various DeFi agreements are mature and well developed, and the various DeFi combinations have been superimposed to the point where there is no additionality。
According to DefiLlama ' s latest data, DeFi TVL has surpassed $150 billion globally, but growth has slowed to 15 per cent, well below the explosive expansion in 2020。
Where's the question
Is the DeFi agreement not complete? Or is DeFi not rich enough
Of course not。
The various DeFi agreements built on the block chain have become the financial infrastructure of the chain, with well-established and diverse protocols。The only reason for DeFi’s slow growth is that the pre-deFi play was limited to encrypted primary assets, such as ETH, BNB, or stable currencies, overlooking the potential of larger real world assets (RWAs)。
Since its entry into 2025, the RWA — which has monetized traditional assets such as real estate, bonds and commodities — is becoming the “Incremental Engine” of DeFi. According toRWA.xyzAccording to statistics, as at 31 October 2025, the total market value of RWA in the chain was over $35 billion, an increase of 150 per cent (10 times the growth rate of DeFi). McKinsey predicts that the RWA market will reach $10 trillion by 2030。
As a result, when the DeFi infrastructure is largely mature, the focus of continued growth in chain finance is no longer on the development of more DeFi protocols or more complex combinations, but some are now sufficient and saturated, and further chain finance outbreaks focus on the introduction of “incremental assets” (e.g. RWA) and the lowering of user thresholds (using new tools such as AI Agent)。
Bringing in “incremental assets” and lowering user thresholds through new tools. Using the existing DeFi protocol, DeFi can also play a new height。
Following, using the example of the DeFi agreement in the BNB Chain ecology, we will introduce the "Incremental Assets" (RWA), using the new tool (AI) to launch RWAFi on the hundreds of billion-class chain of BNB Chain through the existing BNB DaO, Pendle, PicWe, TermiX
First of all, let's get to the BNB Chain DeFi agreements。
Lista DAO (@lista_dao)It is the integration agreement for the Liquidity Staking, Loans and Overpricing Stabilisation Currency (CDP) on BNB Chain. BNB holders can earn a staking incentive in Lista DAO by pledging BNB, and leverage capital efficiency through borrowing, etc. As at 31 October 2025, Lista DAO TVL amounted to $22 billion. Core products include slisBNB (LST for BNB, APR for automatic accumulation), lisUSD (dollar stabilization coins forged by CDP) and Lista Lending (dynamic interest rate lending platform). It is not just a simple staking tool, but rather a leverage hub for BNBFi, which allows users to increase their capital efficiency several times by simply superimposeing the lending cycle while earning their basic income。
Pendle (@pendle_fi)It is yield tokenization and trading agreements that allow users to split future proceeds into principal token (PT:fixed proceeds) and Yield token (YT: volatile gains), through exclusive AMM transactions. On BNB Chain, Pendle TVL was about $280 million. Pendle ' s core innovation is PT/YT split, PT locks fixed APY (e.g. 5% no maturity risk) and gambles with YT (potential 50%+). The mechanism is like an “expected pricing machine” in financial markets, a robust set-up, a radical bid premium and an efficient revenue derivative market。
PicWe Global (@PicWeGlobal)It's BNB Chain, full chain RWA DEX, focused on RWA distribution and trading. Unlike the traditional DEX, the core value of PicWe lies in RWA Launchpad and in transactions used to issue tokenized real assets, such as bonds, real estate and infrastructure projects. As an ecological RWAFi infrastructure of BNB Chain, on 7 October 2025, PiccWe launched the global flagship hydroelectric power station RWA (IHP) in cooperation with the Isfayram hydroelectric power station in Kyrgyzstan, raising $1 million at a market value exceeding $10 million. The revenues from the RWA assets of the hydroelectric power plant are directly linked to electricity generation, and APY has stabilized at around 20 per cent. Rather than an abstract token, this asset anchors real cash flows — generation revenues, which are less volatile than they are almost negligible — but injects DeFi with a reliable “typing”。
TermiX (@termix_ai)It's BNB Chain's AI-Web3 operating system, located as "AI Engine for Future Finance", making complex DeFi as simple as dialogue. Supported by YZi Labs, it provides AI-as-a-Service, supports the implementation of the 100+ agreement, integrates 402 payments and Google AP2 agents. TermiX values are “natural language dismantling”, user descriptions of demand, and AI automatic route protocols, which significantly lowers the threshold for users to use the DeFi strategy. It is not a cold code implementer, but rather a private finance consultant who can adjust the path to the user ' s intentions in real time to ensure that the strategy slides down the chain。
Now, we have linked these agreements into a set of “RWA Yield OS”, based on PiccWe's RWA assets, leveraged through Lista DAO, split the RWA assets PT/YT with Pendle, and then driven the strategy in natural language through TermiX. The goal is to convert RWA ' s robust ASY (e.g. 20 per cent of the hydropower station RWA ' s ASY) into a higher composite yield, thus releasing the financial value and fungibility of RWA assets, and the strategy is fully applicable to DeFi users at different stages from start-up to expert。
STEP ONE: RWA ENTRANCE。
Users invested in the Isfayram hydroelectric power station RWA (IHP) through PiccWe IRO, buying tokenized shares with any BNB/USDC/WESD asset. Base level ASY 20% (power generation revenue anchor, fluctuations < 2%) is seamlessly injected across the BNB/Base chain. This step, like opening a door to the real world, is no longer a purely encrypted closed ring, but a direct access to stable cash flows to infrastructure. It is more like an instant-exchange “digital bond” than a traditional RWA fund's fees and lockouts, with a threshold of only a few gas charges。
Step 2: Leverage injection。
IHP RWA is mortgaged to Lista Lending, borrows lisUSD, cycle 2x - lends lisUSD to buy RWA and net ASY up to 35% (20% base - 5% interest + 10% promotion). Here Lista DAO acts as a “magnifying mirror”: RWA's robust returns are no longer passively lying, but instead turn into revolving capital through slisBNB and dynamic lending. Imagine that the revenue from electricity generation that should have been idle is now leveraged to multiple compound returns, while the over-collateralization mechanism of lisUSD is like a safety valve with a steady threshold of 150 per cent or more, avoiding small market fluctuations causing major problems。
Step three: revenue split。
Leverage RWA revenues are injected into Pendle pool, broken down into PT (25% fixed ASY, held) and YT (speculation, 5x leverage asset rise). PT is suitable for conservative users, YT attracts speculators. This step is the “waterfall” of the whole strategy: 20 per cent of the base of RWA is no longer a “one size fits all” hold, but is broken down into two tracks — PT, like zero interest bonds, locking in risk-free returns; YT, like options, gambles on peaks in power demand or policy dividends. Pendle's AMM ensures smooth trade and minimizes erratic losses, allowing RWA to be transformed from a “static asset” to a “living water derivative”。
STEP 4: AI AUTOMATION。
The user said to TermiX, “Invest RWA with US$ 10,000, leverage 2x, earn 25% of the fixed portion and wager a 10% increase in the speculative portion.” AI Dismantling: Roadlines buy IHP →Lista borrows lisUSD → Pendle P PT/YT → monitor rebalancing. It's not science fiction, it's chain reality: TermiX acts as an invisible butler, 7x24 hours to scan market signals, automatically adjust leverage or hedge risks. The process runs from user description to execution, but in a few minutes, it is much more cumbersome than manual operations。
The figure below details how the four agreements already in place on BNB Chain have been used to transform RWA from a “static asset” to a “living water derivative”。
The above four steps are the full RWA Yield OS。
It is not based on fabricated assumptions, but rather on the natural extension of the existing infrastructure of BNB Chain: the constant injection of RWA incremental assets by PiccWe, the release of the potential financial value of these assets by Lista DAO and Pendle, and, finally, TermiX’s AI tool, which universalizes the entire strategy so that any investor can be driven by natural language. Maximizing investor participation has increased financial dynamism on the chain - AI can implement different strategies on the chain over a 24-hour period to capture instant arbitrage opportunities。
THE MOST IMPORTANT THING IS, THIS RYOS CAN GET THE RWA FINANCIAL LIFE ON THE CHAINI don't know. RWA is no longer just a mere purchaser of property, but can switch to financial highs like ETH, BNB: while adding RWA fun, it also prepares a complete minimum possible chain on SOP for the outbreak of RWAFi in the BNB Chain chain。
Consider that, when Kyrgyzstan ' s electricity generation revenues are leveraged and AI optimizes, BNB Chain ' s TVL will start from 35 billion RWA, multiplied by the geometrics of the compound, to hundreds of millions。
Of course, the outbreak was not instantaneous. The grey areas under supervision, the RWA compliance module and a credible bridge to the chain are all potential stumbling blocks. But just as DeFi matured from the brutal growth of 2020, BNB Chain supported by Binance’s global influence and a strong RWA ecological fund (I think it would accelerate the landing of RYOS by subsidizing users like Token, BNB, or BUSDT, in addition to investing in entrepreneurs)。
IN THE FUTURE, WHEN MORE RWA, SUCH AS THE INFLUX OF RWA ASSETS SUCH AS DIVIDENDS, BONDS, FUND COINS, ETC., ARE CREATED, RYOS WILL BECOME THE STANDARD, WITH NEWERS MAKING A STEADY 20 PER CENT SHARE OF ELECTRICITY, AND EXPERTS WILL BE BETTING ON 50 PER CENT OF THE YT。
The next golden era of chain finance will probably ignite here — BNB Chain — by taking a step to detonate trillion RWAFi with RYOS。
That's what I'm saying about BNB Chain taking the lead on RWAFi, the strategy RWA Yield OS, known as RYOS, to @cz_binance@heyinance