Polygon crosses $1B in tokenized RWAs, led by agricultural commodities
Polygon Weekly Overview - September 5, 2025
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By The Numbers
Polygon daily active users: 547.46K (+6.09%)
Polygon daily txns: 4.83M (+33.06%)
Polygon Total Volume Locked (TVL): $1.21B (+0.84%)
NFT weekly sales volume: $16.28M (-14.78%)
Top 3 NFT collections by sales volume:
Courtyard: $15.21M (-14.36%)
DNS: $176.52K (+74.37%)
Voxies: $73.65K (-14.04%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Polygon Spotlight
🟪 What happened: Polygon's tokenized real-world assets (RWAs) crossed $1 billion in total value, reaching $1.13 billion to rank third among all blockchain networks. Polygon also came in second in RWA count, with 269, behind only Ethereum, according to RWA.xyz data.
🟪 Why it matters: The $1 billion RWA milestone shows tokenization has achieved massive scale across a variety of sectors. Commodities led all RWAs on the network, worth $499.6 million, while corporate bonds, treasuries and private credit followed close behind.
Commodities, with 44% of the total RWA value on the network, was primarily accounted for by JusToken's agricultural tokenization products. This was led by the JSOY_OIL token, worth $309.7 million in total, which represents one metric ton of soybean oil per token. The platform also had JSOY, for tokenized soybeans, worth $165.9 million; JCOT for cotton at $19.4 million; and JCORN for corn at $4.4 million. These agrotokens create liquid markets for agricultural assets, making the industry more accessible globally.
Polygon is among the leading networks when it comes to commodity tokenization, accounting for more than 20% of the $2.44 billion worth of commodities tokenized globally. This is a clear indicator of the level of trust Polygon’s financial infrastructure for tokenization and payments is granted in the agricultural industry to maintain market and supply chain analytics that exist in traditional commodities markets.
Tokenization of agricultural products like soybeans, cotton and corn serves to make financial transactions and credit more accessible and efficient for the overall industry.
Beyond commodities, tokenized corporate bonds accounted for $237 million, or nearly a quarter of Polygon's ecosystem, while US Treasuries accounted for $130 million. Both non-US government debt and private credit each exceeded $100 million. Spiko's EU T-Bills Money Market Fund reached $126.1 million by investing entirely in Treasury Bills from investment-grade Eurozone states, showing how regulated institutional money market instruments can operate seamlessly on blockchain infrastructure.
Major German institutions are pushing this adoption further, with NRW.BANK's €100 million bond being worth $116.6 million on Polygon, and Germany's KfW bank issuing €100 million of bonds directly on Polygon under the country's Electronic Securities Act. Traditional banks like Deutsche Bank and DekaBank are now bypassing paper-based systems entirely for some of their debt instruments, indicating that European finance is ready to embrace blockchain for faster settlement and lower costs.
🟪 The big picture: Polygon's diverse asset tokenization is transforming how global investors access previously illiquid markets. The network's leadership in commodity tokenization shows how blockchain infrastructure can bring liquidity to agricultural markets while maintaining the pricing and analytics found in centralized exchanges and over-the-counter (OTC) markets.
Polygon now has the opportunity to expand its tokenized assets even further into other traditional and non-traditional markets. For example, real estate and equity tokenization can allow for fractional ownership and cross-border investment in assets that were once restricted to local or high-net-worth investors.
Polygon’s infrastructure can allow global capital to flow efficiently into diverse asset classes, breaking down traditional barriers and making previously inaccessible investments available to a broader range of participants.
Into the Agglayer
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Polymarket received regulatory approval to operate prediction markets in the US
Explore agglayer zone’s beta launch offering unified cross-chain discovery and analytics
Learn how Wilder World’s $pLONGWILD Pod turned volatility into rewards through arbitrage and trading fees
Tune into QuickSwap’s The Aggregated X Space on prediction markets, featuring Polymarket and PolyPicks AI
Ecosystem Showcase
The US Department of Commerce said it will publish real GDP data on nine blockchains, including Polygon
Polygon hit a 30-day high in transactions, clocking in 4.75M on September 4
Read Polygon Foundation CEO Sandeep Nailwal’s article on the network’s roadmap to achieve 100k TPS, challenging traditional payment systems
MATIC to POL migration has reached 99% completion, with POL now serving as the native gas token for Polygon PoS
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Tune in to Rome Protocol and Agglayer X Space Sept 5, 2025 at 2 PM UTC
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.