Centrifuge (CFG)
Status: Confirmed • Exchange: Bybit • Category: Officially Announced
About Project
Centrifuge is a DeFi protocol that brings real-world assets (RWAs) such as invoices, credit, and real-estate liens onto the blockchain. By tokenizing off-chain assets, Centrifuge allows them to be used as collateral in decentralized finance. This positions CFG as one of the leaders in the RWA sector, a segment gaining strong institutional traction.
The protocol already surpasses $1 billion in Total Value Locked (TVL), driven by tokenized pools like the Janus Henderson Anemoy AAA CLO Fund and Treasury Fund, which package AAA-rated corporate loans and short-term U.S. Treasuries into DeFi-accessible pools. This creates yield opportunities anchored to traditional financial instruments, giving CFG holders exposure to institutional-grade assets.
About Token
CFG is the native governance and utility token of Centrifuge. Holders use it to vote on governance proposals, participate in liquidity provisioning, and manage deRWA token issuance. It also acts as an incentive token for users providing liquidity and for developers integrating Centrifuge’s infrastructure.
Supply: 425 million CFG (max). Distribution includes allocations for community incentives, ecosystem development, the founding team, and investors, with long-term vesting schedules to align incentives. CFG trades on multiple exchanges and will now expand liquidity with its debut on Bybit.
Listing Details
- Announcement: Covered by Crypto.news and PANews.
- Trading start: 2025-08-26 10:00 UTC
- Deposits/Withdrawals: Not specified in announcements.
- Initial pair: CFG/USDT
- Regions: Global, subject to Bybit restrictions
Why This Listing Matters
Bybit’s decision to list CFG aligns with Centrifuge’s rapid growth and $1B TVL milestone. Listing on Bybit, a top-tier exchange with millions of global users, significantly improves liquidity, accessibility, and exposure for the token. It validates the RWA narrative, signaling that exchanges recognize institutional demand for on-chain credit, treasuries, and real-world debt instruments.
The timing is critical: institutions are increasingly exploring tokenized assets, and Centrifuge offers a proven infrastructure. Bybit’s listing could catalyze adoption, drive ecosystem liquidity, and strengthen CFG’s position as one of the leading RWA tokens in the market.
Sources
- Crypto.news – CFG Bybit spot debut
- CoinMarketCal – Bybit CFG listing event
- PANews – Bybit CFG announcement
- Cointelegraph – Centrifuge TVL exceeds $1B