> For the complete documentation index, see [llms.txt](https://docs.dforce.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dforce.network/ecosystem/rwa-marketplace.md). # RWA Marketplace ### **dForce RWA Markets & Vaults** [The dForce RWA Marketplace](https://rwa.dforce.network/) is built on a two-layer architecture that separates asset issuance and risk control from capital allocation and yield generation. At the base layer, RWA Markets provide asset-specific, risk-controlled lending for verified real-world assets. On top, RWA Vaults aggregate liquidity across multiple markets, enabling diversified, permissionless access to RWA yield for users and institutions. *** #### **RWA Markets: Asset-Specific & Risk-Controlled** The dForce RWA Markets are asset-specific lending markets designed to support verified, tokenized real-world assets. Each market is built around a single asset class or issuer, with configurable parameters including: * Interest rates * Loan-to-Value (LTV) ratios * Maturity and repayment terms This modular design enables direct, overcollateralized borrowing for trusted issuers while maintaining granular control over risk, liquidity, and compliance at the asset level. *** #### **RWA Vaults: Curated, Permissionless Yield** Complementing the Markets, dForce RWA Vaults provide passive, on-chain investment vehicles for users and institutions seeking stable, sustainable yield from diversified RWA-backed opportunities. RWA Vaults are: * Curated and professionally risk-managed * Omni-chain, accessible across multiple networks * Designed for set-and-forget participation What sets dForce RWA Vaults apart is their permissionless architecture. Anyone can deploy a custom vault strategy, enabling: * Independent vault creation * Community-driven innovation in RWA yield strategies Developers and strategists can build vaults that dynamically allocate stablecoins across whitelisted RWA Markets based on custom risk profiles, durations, and return targets—creating a flexible, programmable yield layer for both retail and institutional participants. *** **Dapp:**