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 114,4 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (114,4 mil US$) above the protocol's on-chain TVL (24,1 mil US$) — a mcap/TVL multiple of 4.75× implies investors are paying for expected future fee flows rather than current deposits alone. A further 14,2 mil US$ 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 (114,4 mil US$) currently exceeds total value locked (24,1 mil US$) — 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 mil M US$ 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 3569,1 M US$ · 24h -0.43%

BlackRock BUIDL

TVL 2542,1 M US$ · 24h +0.43%

Paxos Gold

TVL 2496,6 M US$ · 24h -0.60%

Circle USYC

TVL 2368 M US$ · 24h +4.42%

Ondo Yield Assets

TVL 2037,1 M US$ · 24h -0.67%

Centrifuge Protocol

TVL 1294,1 M US$ · 24h +4.07%