Conflux Co-Founder Criticizes RWA.xyz for Biased Data and Selective Reporting on Blockchain Networks

Allegations Against RWA.xyz: Yuanjie Zhang, co-founder of Conflux, accused the RWA analytics platform RWA.xyz of biased data reporting and selective visibility of blockchain networks, particularly disadvantaging non-EVM compatible chains and underrepresenting the Asian RWA market.

Methodology Changes: RWA.xyz recently revamped its methodology, resulting in a reported RWA scale increase from $300 billion to $410 billion, which Zhang claims prioritizes narratives over factual data and inflates the actual market size by including unverifiable assets.

Criticism of Data Accuracy: Zhang's claims were supported by followers who noted discrepancies in RWA.xyz's data compared to other aggregators like DefiLlama, which reportedly provide more accurate representations of the RWA market, especially in the private credit sector.

Response from RWA.xyz: In response to the allegations, the CEO of RWA.xyz defended their methodology as ensuring institutional-grade accuracy and expressed willingness to collaborate with Conflux for feedback on their data practices.