NAOS Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

NAOS Finance's governance or utility token carries a market capitalisation of 114.382 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (114.382 $) above the protocol's on-chain TVL (24.091,4 $) — a mcap/TVL multiple of 4.75× implies investors are paying for expected future fee flows rather than current deposits alone. A further 14.181,5 $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

NAOS Finance operates in the RWA category of DeFi. It is deployed across 2 chains, including Binance, Ethereum. The codebase has been independently audited (2 reports on file).

NAOS Finance operates on 2 networks (Binance, Ethereum), keeping its surface area narrower than chain-agnostic peers. TVL is comparatively balanced across networks: even the largest deployment (Binance) holds only 23% of the protocol's value. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (114.382 $) currently exceeds total value locked (24.091,4 $) — a mcap/TVL ratio of 4.75 suggests the market is pricing in more growth than current deposits support.

Verified external resources for NAOS Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

NAOS Finance is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure 14,3 Mrd. $ in deposits, giving you a frame of reference for whether NAOS Finance's own TVL is at the top, middle, or tail of the category.

Tether Gold

TVL 3,6 Mrd. $ · 24h -0.43%

BlackRock BUIDL

TVL 2,5 Mrd. $ · 24h +0.43%

Paxos Gold

TVL 2,5 Mrd. $ · 24h -0.60%

Circle USYC

TVL 2,4 Mrd. $ · 24h +4.42%

Ondo Yield Assets

TVL 2 Mrd. $ · 24h -0.67%

Centrifuge Protocol

TVL 1,3 Mrd. $ · 24h +4.07%