> ## Documentation Index
> Fetch the complete documentation index at: https://docs.dune.com/llms.txt
> Use this file to discover all available pages before exploring further.

# rwa_multichain.prices

> Canonical RWA prices normalized to USD per on-chain token unit, with validity windows and valuation provenance.

export const PremiumDatasetAccessCard = ({href = "https://dune.com/enterprise#contact-form", note = null}) => <Card title="Gated dataset" icon="lock" href={href}>
    Querying this dataset requires an entitlement on your workspace. See <a href="/data-catalog/overview#access-tiers-public-vs-gated-datasets">access tiers</a>, or contact the Dune team to enable access.
    {note && <><br /><br />{note}</>}
  </Card>;

`rwa_multichain.prices` is the cross-chain valuation surface for tokenized RWAs. Grain: one row per `(blockchain, token_id, valid_from)`, with non-overlapping `[valid_from, valid_to)` windows. This is the table to use for AUM and point-in-time USD joins.

<PremiumDatasetAccessCard />

Unlike `nav_intervals`, this view exposes a normalized textual `token_id` and prices whose basis is one on-chain token unit. It standardizes chain-specific address representation and unit conversions. `rwa_multichain.supply.supply_usd` is calculated from this table.

## Table schema

| Column           | Type                       | Description                                                                                      |
| ---------------- | -------------------------- | ------------------------------------------------------------------------------------------------ |
| `blockchain`     | `VARCHAR`                  | Chain for the token deployment                                                                   |
| `token_standard` | `VARCHAR`                  | Native token standard or asset namespace                                                         |
| `token_id`       | `VARCHAR`                  | Normalized textual token identifier. Join key to `tokens`, `balances`, `transfers`, and `supply` |
| `asset_address`  | `VARBINARY`                | Binary asset identifier from the NAV tables                                                      |
| `price_usd`      | `DOUBLE`                   | USD price per normalized on-chain token unit                                                     |
| `value_kind`     | `VARCHAR`                  | `accounting_nav`, `redemption_rate`, `tracker_price`, `commodity_reference`, or `par_value`      |
| `valid_from`     | `TIMESTAMP WITH TIME ZONE` | Inclusive start of the price window                                                              |
| `valid_to`       | `TIMESTAMP WITH TIME ZONE` | Exclusive end. `NULL` only for an open interval                                                  |
| `oracle_address` | `VARBINARY`                | Native source identifier bytes                                                                   |
| `source_kind`    | `VARCHAR`                  | Source mechanism from the verified oracle registry                                               |
| `source_table`   | `VARCHAR`                  | Source dataset providing the value                                                               |
| `_updated_at`    | `TIMESTAMP WITH TIME ZONE` | Latest refresh timestamp                                                                         |

## Point-in-time join

```sql theme={null}
SELECT
  b.day,
  b.blockchain,
  b.token_symbol,
  p.value_kind,
  SUM(b.balance * p.price_usd) AS aum_usd
FROM rwa_multichain.balances AS b
LEFT JOIN rwa_multichain.prices AS p
  ON p.blockchain = b.blockchain
  AND p.token_id = b.token_id
  AND CAST(b.day AS TIMESTAMP) >= p.valid_from
  AND (p.valid_to IS NULL OR CAST(b.day AS TIMESTAMP) < p.valid_to)
WHERE b.day = CURRENT_DATE - INTERVAL '1' DAY
  AND b.balance > 0
GROUP BY 1, 2, 3, 4
ORDER BY 5 DESC NULLS LAST
```

Use a `LEFT JOIN` to retain all balance rows while attaching the price in force for each snapshot.

## value\_kind matters

All values are USD per token unit, but they do not all mean accounting NAV:

| Value                 | Meaning                                   |
| --------------------- | ----------------------------------------- |
| `accounting_nav`      | Issuer or fund accounting net asset value |
| `redemption_rate`     | Units or value redeemable per token       |
| `tracker_price`       | Value published by a tracker or oracle    |
| `commodity_reference` | Commodity reference price                 |
| `par_value`           | Declared or contractual par value         |

Keep `value_kind` in reconciliations and methodology notes. It tells downstream users what financial claim the USD number represents.
