Centrifuge Gains 12% as TVL Reaches $1.6 Billion
Centrifuge Rises 12% After Base Chain Expansion – TVL Reaches $1.6 Billion as CFG Tests $0.18 Resistance
Key Takeaways
- CFG gained 12% in 24 hours, ranking among the top ten daily gainers.
- The rally followed Centrifuge’s expansion to Base Chain, enabling trading of a tokenized S&P 500 asset class.
- Total value locked increased from $1.2 billion to $1.6 billion, with treasuries accounting for $1.2 billion.
- The network now supports four asset classes: treasuries, AAA CLOs, private credit, and S&P 500.
- Dune Analytics recorded 19,699 unique addresses interacting with CFG and 9,111 total holders.
CFG Price Climbs After Base Chain Integration
Centrifuge’s native token CFG recorded a 12% price increase over a 24-hour period, placing it among the top ten daily gainers during a session in which most altcoins posted losses. The move followed the announcement that Centrifuge had expanded to Base Chain and enabled trading of a tokenized S&P 500 as a new asset class.
According to trading data cited in the source, CFG rose from a low of $0.14 to a daily high of $0.172. The price action came after the token lost its rising trendline support on March 31 but subsequently rebounded.
Technical levels referenced in the analysis show that CFG bounced within the range between the 0.618 and 0.786 Fibonacci retracement levels, respecting the 0.75 level. At the same time, the token faced rejection near $0.17. The zone above the 0.5 Fibonacci level is described as a premium area, with $0.1857 identified as a potential resistance level. This area has previously coincided with bearish reversals on three occasions.
Momentum indicators cited in the report include a MACD crossover, which signaled a short-term trend shift. However, resistance near $0.18 remains a visible threshold based on recent trading behavior.
Tokenized S&P 500 Expands Centrifuge Asset Offering
The latest expansion brings the number of asset classes on Centrifuge to four. These include treasuries, AAA CLOs, private credit, and the newly added S&P 500 exposure via tokenization.
Treasuries represent the largest share of the protocol’s allocation, accounting for $1.2 billion of total value locked. The addition of tokenized S&P 500 instruments marks a further step in broadening the types of assets available on the network.
For users who follow developments in tokenization, the inclusion of a widely tracked equity benchmark such as the S&P 500 reflects continued integration of traditional financial references into blockchain-based structures. Within the data provided, the expansion is directly linked to the recent price movement of CFG.
Total Value Locked Increases to $1.6 Billion
Centrifuge’s total value locked rose from $1.2 billion to $1.6 billion, according to the figures cited. This growth coincides with the expansion of supported asset classes.
Treasuries account for the majority of the locked value at $1.2 billion, indicating that this segment continues to dominate the protocol’s allocation structure. The remaining share is distributed across AAA CLOs, private credit, and the tokenized S&P 500.
Growth in total value locked is accompanied by changes in revenue trends. Although revenue experienced a slight dip at the start of the year, March recorded higher revenue than February. The data indicates a return to positive growth on a month-over-month basis during that period.
On-Chain Activity and Holder Data
Data from Dune Analytics shows that 19,699 unique addresses have interacted with CFG. The number of token holders has grown steadily since May 2025.
In the past 24 hours referenced in the report, 14 new holders were added. This brings the cumulative number of holders to 9,111. The steady increase in addresses and holders is presented alongside the rise in total value locked and revenue metrics.
The combination of on-chain interaction data, expanding asset classes, and higher locked value provides measurable indicators of network activity. Within the scope of the information provided, these metrics coincide with the recent upward movement in CFG’s price.
Market Context for Crypto Users
During the same 24-hour period, most altcoins recorded losses, making CFG’s double-digit gain an exception among peers. The price movement occurred in close temporal proximity to the Base Chain expansion announcement.
For crypto users monitoring infrastructure projects that connect tokenized traditional assets with blockchain networks, the data points highlight two aspects: first, the addition of new asset classes, and second, the measurable increase in locked capital and unique interacting addresses.
Resistance around $0.18 remains a visible technical threshold based on the cited analysis. At the same time, the premium price zone above the 0.5 Fibonacci level has been maintained during the latest move.
Our Assessment
Centrifuge recorded a 12% daily price increase following its expansion to Base Chain and the introduction of a tokenized S&P 500 asset class. Total value locked rose to $1.6 billion from $1.2 billion, with treasuries accounting for $1.2 billion of that amount. Revenue data shows a month-over-month increase in March compared to February, and Dune Analytics reports 19,699 unique interacting addresses and 9,111 total holders. The price currently faces resistance near $0.18, based on the referenced technical levels.
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