对代币化美国国债的需求持续上升

自 4 月初以来，包括国债、债券和现金等价物在内的代币化 RWA 已增长 35%。同期，Ondo Finance 锁定总价值（TVL）

Demand for tokenized U.S. Treasuries continues to rise, with real-world asset (RWA) protocols growing significantly this year.

对代币化美国国债的需求持续增长，现实世界资产（RWA）协议今年大幅增长。

According to data from DeFi Llama, tokenized RWAs, including treasuries, bonds, and cash equivalents, have grown 35% since the beginning of April.

根据 DeFi Llama 的数据，自 4 月初以来，包括国债、债券和现金等价物在内的代币化 RWA 已增长 35%。

Over the same period, the total value locked (TVL) in Ondo Finance, one of the leading RWA-focused DeFi protocols, has increased to $507 million from $221 million in April.

同期，专注于 RWA 的领先 DeFi 协议之一 Ondo Finance 的总锁定价值 (TVL) 从 4 月份的 2.21 亿美元增至 5.07 亿美元。

Leading the charge is Blackrock’s $BUIDL (BlackRock USD Institutional Digital Liquidity Fund), which has grown 65% since the start of the quarter, boosting the total tokenized Treasuries market cap above $1.5 billion. Franklin Templeton’s $FOBXX (Franklin Onchain U.S. Government Money Fund) also expanded by nearly 27%.

处于领先地位的是贝莱德的 $BUIDL（贝莱德美元机构数字流动性基金），该基金自本季度初以来已增长 65%，使代币化国债总市值超过 15 亿美元。富兰克林邓普顿的 $FOBXX（富兰克林链上美国政府货币基金）也增长了近 27%。

The RWA sector is separated into tokenized Treasuries, commodities, real estate, and stablecoins. The commodities and stablecoin markets have remained relatively flat, while Treasuries have commanded most of the attention over the last few months.

RWA 领域分为代币化国债、大宗商品、房地产和稳定币。大宗商品和稳定币市场保持相对平稳，而美国国债在过去几个月中吸引了大部分注意力。

As a result, Ondo’s native token is up 68% since the end of March, having rallied more than six-fold since its token generation event in January.

因此，Ondo 的原生代币自 3 月底以来已上涨 68%，自 1 月份代币生成活动以来已上涨六倍多。