Plume Network: Bridging Real-World Assets and Decentralized Finance

Modified on Tue, 23 Sep at 5:10 PM

What is Plume Network and its Technology?

Plume Network is a Layer 1 (L1) blockchain specifically designed and optimized for Real World Assets (RWAs) and the emerging field of RWA Finance (RWAfi). It is built to be compatible with the Ethereum Virtual Machine (EVM), allowing for easy integration with existing DeFi tools, protocols, and developer communities.

The core mission of Plume is to bridge the gap between the vast value held in traditional assets (like real estate, commodities, private credit, carbon credits, collectibles, etc.) and the efficiency, transparency, and accessibility offered by blockchain technology. It aims to move beyond simply tokenizing assets; Plume focuses on making these tokenized RWAs fully composable and usable within the DeFi ecosystem for activities like yield generation, borrowing, lending, trading, and speculation.

Plume employs a full-stack, vertically integrated approach. This means it provides a comprehensive suite of tools and infrastructure designed to handle the entire lifecycle of an RWA on the blockchain:

Tokenization: Tools to convert real-world asset ownership or claims into digital tokens on the Plume network.
Compliance: Integrated systems for Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) checks, crucial for institutional adoption and regulatory adherence.
Data Integration: Mechanisms to connect on-chain assets with reliable off-chain data sources for accurate pricing and verification.
DeFi Integration: Enabling tokenized RWAs to interact seamlessly with various DeFi protocols for liquidity, yield, and other financial applications.
Cross-Chain Functionality: Solutions to distribute RWA yields and potentially assets across multiple blockchain networks.

By integrating these components directly into the L1 chain, Plume aims to simplify the complex process of bringing RWAs on-chain, reducing barriers for asset issuers, institutions, and users.

Highlight Features of Plume Network

Plume Network boasts several features designed to create a robust and user-friendly RWAfi ecosystem:

Purpose-Built RWA L1: As a dedicated L1, Plume's architecture is optimized for the specific needs of RWAs, including compliance, security, and scalability, potentially handling trillions in asset value more effectively than general-purpose blockchains.
EVM Compatibility: Allows developers to easily port existing Ethereum applications and tooling, fostering rapid ecosystem growth.
Integrated Compliance: Built-in modules and partnerships streamline regulatory requirements (KYC/AML), making the platform attractive for both regulated institutions and retail users seeking compliant RWA exposure.
Plume Arc: A comprehensive tokenization engine that simplifies the process for asset issuers to bring RWAs on-chain. It's designed to be modular, allowing issuers to select the specific functions they need.
Plume Nexus: Acts as a data highway, integrating reliable off-chain data (like asset valuations, real-time prices) directly onto the blockchain, enhancing the functionality and reliability of RWAfi applications. Partnerships with oracle providers like Chronicle bolster this feature.
SkyLink Interoperability: A solution built using LayerZero technology that enables the secure distribution of RWA yields across multiple (16+ initially announced) blockchain networks. It uses mirrored "YieldTokens" that allow users on other chains to access Plume's RWA yields without bridging the underlying assets, keeping Total Value Locked (TVL) secure on the native chains.
Plume Passport (Smart Wallets): An RWA-specific smart wallet designed for intuitive asset management. It reportedly uses a modified Ethereum client (geth) to embed custom features directly into user accounts (EOAs), enabling advanced functionalities like gasless transactions and automated operations without typical account abstraction complexities.
Composability Focus: Plume emphasizes making tokenized RWAs usable across various DeFi protocols. This allows for innovative financial products, yield farming strategies, collateralization, and more, using RWAs as the underlying asset.
Growing Ecosystem & Traction: Plume has attracted significant interest, evidenced by over 180 projects reportedly building on the network, substantial user engagement during its testnet phase (millions of users and transactions), and key partnerships with established players like Ondo Finance (tokenized treasuries), Fireblocks (institutional custody), and others.
AI Integration: Partnerships with platforms like Pond and 0G suggest an exploration of AI-driven tools ("RWAI Agents") for enhancing risk assessment, credit scoring, predictive modeling, and automating financial operations within the RWAfi ecosystem.

What is the Plume ($PLUME) Token?

The PLUME token is the native utility token of the Plume Network ecosystem. It serves several crucial functions designed to support the network's operations, security, and governance:

Gas Fees: Users need PLUME tokens to pay for transaction fees when interacting with the Plume blockchain, executing smart contracts, or transferring assets.
Governance: PLUME token holders will likely have the ability to participate in the network's governance process. This typically involves voting on proposals related to protocol upgrades, parameter changes, treasury allocations, and other key decisions affecting the network's future.
Staking and Network Security: Users and validators can stake PLUME tokens to help secure the network through its consensus mechanism. In return for staking and participating honestly in validation, stakers earn rewards, typically paid in PLUME. Plume also has a delegation program allowing community members to run validators with delegated tokens from the Foundation.
Ecosystem Liquidity and Utility: The token is used within the Plume ecosystem for various DeFi activities, such as providing liquidity in trading pools, potentially serving as collateral in lending protocols, and accessing specific platform features or opportunities.

PLUME Token Allocation and Tokenomics

The tokenomics of $PLUME are designed to foster long-term growth, decentralization, and community participation.

Maximum Supply: The total maximum supply of $PLUME tokens is capped at 10 billion.
Initial Circulation: At the Token Generation Event (TGE) in early 2025, approximately 20% (2 billion $PLUME) of the total supply was expected to enter circulation, primarily through the community airdrop and potentially initial ecosystem incentives. Current unlocked supply (as of April 2025) reflects this initial release plus ongoing vesting.

Community, Ecosystem, and Foundation account for the majority of the token supply at 59%: These tokens are allocated for ecosystem-related initiatives such as grants, community incentives, marketing campaigns, validator rewards, and liquidity provision.
Early Backers account for 21%: This portion of the token supply is allocated to key strategic network participants aimed at ensuring the long-term growth and stability of the network. This group includes early institutional investors, technical partners, and experienced crypto experts who play important roles in providing guidance and strategic support to the Plume ecosystem.
Core Contributors account for 20%: This portion of the supply is designated for the core contributors of Plume. This allocation is intended for the group of early contributors who were instrumental in building and securing Plume Network. These tokens were not unlocked during the Token Generation Event (TGE) and will follow the token release schedule for unlocking.

Token Release Schedule

Initially, at the Token Generation Event (TGE), 20% of the tokens will be in circulation, mostly made available to the community and ecosystem. The remaining 80% across various categories will vest according to the distribution schedule.

The majority of the PLUME supply is subject to a vesting schedule, which means tokens are released gradually over a period of time following an initial lock-up period (Vesting). This is standard practice to prevent large sell-offs immediately after launch and to align the long-term incentives of the team, investors, and the foundation with the network's success. Vesting schedules typically span several years (e.g., 2.5 to 3 years post-TGE).

Interesting PLUME Price Information

According to data from the CoinMarketCap website on 30 April 2025, the PLUME token has a market capitalization (Market cap) of $374,865,881.55 USD, or approximately 12,520,545,496.44 THB.

At the time of writing this article (30 April 2025), the PLUME token is trading at approximately $0.1874 USD, or about 6.29 THB per 1 PLUME. PLUME reached its highest price (All-time high) of $0.2475 USD, or approximately 8.26 THB per 1 PLUME, on 20 April 2025.

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