Propbase

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

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL includes USDC tokens deposited in Nova pools (RWA) and Rental pools. RWA assets are paired with USDC in on - chain liquidity pools built on Trader Joe’s CLMM contracts, which allows users to buy and sell property tokens directly against USDC. Redemption is AMM- based and depends on pool liquidity and active price bins, not a guaranteed 1: 1 stablecoin redemption.PROPS tokens are reported separately under staking.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Propbase's governance or utility token carries a market capitalisation of 2,6 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (2,6 Mio. $) above the protocol's on-chain TVL (1,1 Mio. $) — a mcap/TVL multiple of 2.33× implies investors are paying for expected future fee flows rather than current deposits alone. A further 423.648,3 $ 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.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Sep 15, 2025
   Auf DeFiLlama gelistet

Propbase operates in the RWA category of DeFi. It is deployed on Aptos. The codebase has been independently audited (2 reports on file).

Propbase is a single-chain protocol, deployed exclusively on Aptos — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Aptos, Aptos-staking, staking), so a fault on any one of them would affect a large slice of users. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (2,6 Mio. $) currently exceeds total value locked (1,1 Mio. $) — a mcap/TVL ratio of 2.33 suggests the market is pricing in more growth than current deposits support.

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

Propbase 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 Propbase'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%