What is Loaf?

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

Starting with luxury property (but soon extending to other RWAs), property owners, investors, traders, and market makers can seamlessly list and trade property exposure. Loaf works with property owners to compliantly issue tokenized representations of their property, then provides a performant market for trading these assets.

Like how modern electronic markets upgraded traditional finance over the last two decades, Loaf brings faster, more accessible market infrastructure to RWAs.

Why Loaf exists

Property is the largest asset classes in the world. But 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: novel use of real estate RWAs in the rest of DeFi
• Liquid: continuous market access with professional market maker participation powered by Loaf’s own market maker
• Performant: infrastructure designed for fast matching and low-latency execution
• RWA-native: purpose-built from the ground up 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.

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

Performance metrics

Loaf’s infrastructure is designed for institutional-grade speed:

• 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 are treated as first-class product requirements
• Performance at scale: market infrastructure optimized for speed and reliability
• Open market participation: broad access to property markets through tokenized rails