Definition ∞ On-chain assets are digital assets whose ownership and transaction history are recorded and verifiable on a blockchain. This includes cryptocurrencies, tokens, and potentially tokenized real-world assets. Their existence and movement are transparently documented on the distributed ledger, providing a high degree of auditability.
Context ∞ The discussion of on-chain assets in news reports pertains to their total supply, distribution across wallets, and activity levels within blockchain networks. Analyzing these assets helps understand market dynamics, investor behavior, and the underlying health of specific blockchain ecosystems. Their verifiable nature makes them distinct from off-chain financial instruments, offering unique insights into digital economy metrics.