What is Loaf?

Loaf is a self-custodial, hybrid decentralized exchange (DEX) for real-world asset (RWA) tokenization and trading.

It starts with luxury property (other RWAs to follow). Property owners, investors, traders, and market makers list and trade property exposure on Loaf. Loaf works with property owners to issue compliant tokenized representations of their property, then runs a market for trading those assets.

Why Loaf exists

Property is the largest asset class in the world. Access, transfer, and secondary liquidity are still slow, fragmented, and operationally heavy.

Loaf exists to make property markets more:

Accessible: easier participation and better pricing of real estate (and RWA) markets
Composable: real estate RWAs usable in the rest of DeFi
Liquid: continuous market access with professional market makers, including Loaf’s own
Fast: infrastructure built for fast matching and low-latency execution
RWA-native: built for real-world asset issuance and trading

How Loaf works (high level)

Loaf is a hybrid exchange with off-chain order relay and on-chain trustless settlement.

Issue: Property owners and developers tokenize eligible property exposure through a compliant issuance process. We call these Initial Property Offerings (IPOs).
Trade: Once trading starts, orders go to Loaf’s order book via API and match in Loaf’s matching engine, with liquidity from a network of market makers.
Settle: Matched trades settle through Loaf’s on-chain settlement contracts.
Control: Users stay self-custodial and control their own assets.
Yield: Property token holders can access accrued rental and yield payments from the underlying property.

Performance metrics

5,000 TPS throughput
30 nanosecond order processing
< 1 second settlement*

*Settlement times based on blockchain performance.

Core principles

Self-custody by default: users keep control of their assets
Compliance-aligned issuance: real-world constraints shape the product
Performance at scale: market infrastructure built for speed and reliability
Open market participation: broad access to property markets through tokenized rails