Bitwise’s PAPY vault reaches $13.267 million TVL after launch

Verifying
  • Bitwise’s Premium RWA Vault launched PAPY on Ethereum and lends against tokenized assets.
  • $13.267 million in TVL was recorded on September 10, 2026, after $8 million within 24 hours.
  • PAPY launched September 2 with roughly $639,000 in deposits and a capacity near $1 billion.
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