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

# Airway Protocol: Synthetic RWA Tokenization on DeFi

> Airway lets you create collateralized synthetic RWA tokens on-chain: no intermediaries, no off-chain steps, and ERC-20 tokens backed by collateral.

Airway Protocol is a fully automated, decentralized platform that turns any real-world asset — stocks, bonds, commodities, real estate, physical goods — into an ERC-20 synthetic token you can hold, trade, stake, and use across DeFi. You deposit collateral, and Airway's on-chain protocol mints synthetic RWA tokens that maintain value parity with the underlying asset. There are no intermediaries, no manual approval steps, and no off-chain dependencies: every action from asset onboarding to liquidation runs through an immutable, composable smart contract architecture.

## What you can do with Airway

* **Create synthetic RWA products** — select any real-world asset and deploy a collateralized debt position to back it on-chain.
* **Mint ERC-20 synthetic tokens** — deposit collateral to receive tradable synthetic tokens that track the asset's value.
* **Trade on DEXs and CEXs** — your synthetic tokens are standard ERC-20s, compatible with any exchange or DeFi protocol.
* **Stake for yield** — put synthetic RWAs to work earning staking rewards.
* **Provide concentrated liquidity** — supply liquidity on Uniswap V4 and earn fees.
* **Automate with AI agents** — delegate sRWA management, rebalancing, and risk mitigation to on-chain AI agents.

<Info>
  Airway synthetic RWA tokens (sRWAs) are ERC-20 tokens. They work with any wallet, DEX, lending protocol, or DeFi application that supports the ERC-20 standard.
</Info>

## Explore Airway

<CardGroup cols={2}>
  <Card title="Core concepts" icon="lightbulb" href="/concepts/synthetic-rwa">
    Understand how synthetic RWAs, collateralized debt positions, peg maintenance, and liquidity rewards work together.
  </Card>

  <Card title="Create a synthetic RWA" icon="rocket" href="/guides/create">
    Deploy your first synthetic real-world asset product — select an asset, set collateralization, and go live.
  </Card>

  <Card title="Mint synthetic tokens" icon="coins" href="/guides/mint">
    Deposit collateral and receive sRWA tokens in your wallet, ready for trading and staking.
  </Card>

  <Card title="AI agents" icon="robot" href="/ai/overview">
    Automate sRWA management, trading strategies, and risk mitigation with on-chain AI agents.
  </Card>
</CardGroup>