Noble

#21 of 29 networks by measured capital

$127.61M

<0.1% of all measured capital · 2 instruments · 2 issuers

Tokenized treasuries 11%Stablecoins 89%

As of 2026-08-28, OnChain Benchmark measures $127.61M of tokenized capital on Noble, across 2 instruments from 2 issuers. Every figure is read from the chain — nothing is estimated.

01 · Tokenized treasuries

$14.13M — 11.1% of Noble

1 instrument

Instrument	Measured on NOBLE	Share of chain
USDYOndo U.S. Dollar Yield Ondo Finance	$14.13M	11.1%

02 · Stablecoins

$113.48M — 88.9% of Noble

1 instrument

Instrument	Measured on NOBLE	Share of chain
USDCUSD Coin Circle	$113.48M	88.9%

Coverage

What this figure does — and doesn’t — include.

We count a deployment only when we can read its supply onchain and value it with a real price. Figures are measured, not estimated.

Every instrument we track on Noble is included in the figure above.

Methodology: how we measure · the full rated universe · chain quality ranking