Boson Protocol is an agentic commerce protocol for tokenizing and trading real-world assets (RWAs) through autonomous agents. Superstate issues a tokenized U.S. Treasuries fund on Ethereum and Solana. They differ in scope: Boson focuses on a broad range of RWAs via decentralized commerce, while Superstate targets a single regulated fund product. Boson suits developers and projects building RWA marketplaces; Superstate suits investors seeking on-chain exposure to short-term U.S. government debt.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $229.3KDefiLlama | $750.7MDefiLlama |
| MCap Rank | #1792 | #82 |
| Total Raised | $10.3M | $96.5M |
| Founded | 2019 | 2023 |
| Stage | — | — |
| X / Twitter | 82K | 270 |
| GitHub Stars | 12 | — |
| Chains | arbitrumbaseethereum | ethereumplumesolana |
| Tags | E-commerce, E-commerce, NFT | DeFi, RWA, DeFi |
Boson Protocol provides decentralized infrastructure for secure commerce between AI agents and humans, enabling trustless exchange of any asset—digital, physical, or real-world—without intermediaries. It uses game-theoretic mechanisms to guarantee fair exchange, and is live on multiple chains since 2021.
Superstate issues USTB, an on-chain tokenized fund that invests in short-term U.S. Treasury and agency securities, targeting the federal funds rate with a 0.15% management fee. It enables qualified purchasers to subscribe and redeem using USDC, with daily NAV provided by NAV Consulting and compliant on-chain transfer through an Ethereum-based allowlist. The fund offers flexible custody options and is integrated into several ecosystems, including Solana, Ethereum, and Plume Network.