# Dinari

> Track Dinari's fees, revenue and active users with daily on-chain data across 7 chains. Compare Dinari with other real-world asset (RWA) issuers. Updated daily.

Source: [Dinari on Token Terminal](https://tokenterminal.com/explorer/projects/dinari). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Real-world asset (RWA) issuers
- Chains: arbitrum, avalanche, base, blast, dinarinetwork, ethereum, hyperevm

## About

### What it is

Dinari issues dShares — ERC-20 tokens backed 1:1 by the underlying equity or ETF, held with licensed custodians. Each share is purchased on traditional markets before the corresponding token is minted, so token prices track real market pricing. The catalog covers 150+ tokenized stocks and ETFs (e.g. AAPL, NVDA, TSLA, SPY). Dinari also issues USD+, a Treasury-backed yield-bearing stablecoin. Products are available on Arbitrum, Base, Blast, Ethereum, Avalanche, and Plume.

### Who uses it

Dinari is a US-based fintech that operates as an SEC-registered transfer agent, providing infrastructure for tokenizing publicly traded US equities and ETFs as onchain assets called dShares. Rather than serving end users directly, Dinari positions itself as a B2B infrastructure layer used by partner platforms (e.g. Gemini, Cadana, Fasset) to offer tokenized US securities across 80+ countries.

### How it works

Dinari earns revenue from transaction fees on dShare issuance and redemption, platform fees charged to partner integrators that consume its tokenization API, and the yield spread on the Treasury reserves backing USD+. Its go-to-market is B2B — third-party wallets, brokerages, and fintechs integrate Dinari as an infrastructure layer rather than end users interacting with Dinari directly.

## Metrics

Token Terminal tracks these metrics for Dinari daily. Each page has a chart with the full history.

- [Fees](https://tokenterminal.com/explorer/projects/dinari/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/dinari/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/dinari/metrics/revenue)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/dinari/metrics/user-dau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/dinari/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/dinari/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/dinari/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/dinari/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/dinari/metrics/code-commits)
- [Contract deployers](https://tokenterminal.com/explorer/projects/dinari/metrics/contract-deployers)
- [Transaction count](https://tokenterminal.com/explorer/projects/dinari/metrics/transaction-count)
- [Transactions per second](https://tokenterminal.com/explorer/projects/dinari/metrics/transactions-per-second)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/dinari/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/dinari/metrics/gas-used)
- [Take rate](https://tokenterminal.com/explorer/projects/dinari/metrics/take-rate)

## Links

- [twitter](https://x.com/DinariGlobal)
- [website](https://dinari.com/)
- [discord](https://discord.com/invite/dinari)
- [github](https://github.com/dinaricrypto)