What is RWAX?

RWAX is described as an "income layer" for real-world assets. It is positioned as a unified on-chain exchange where tokenized assets are used to generate programmable income. The project also describes trading of tokenized indexes, such as SPY, and includes liquidity provision.

The description states that the system offers high-leverage trading, with up to 50x leverage. It also describes weekly dividend-paying vaults that are intended to distribute passive income. No founding details, native chain, token supply cap, or governance model are provided in the source text.