The FIGR_HELOC token, a real-world asset (RWA) token from Figure, has been listed on CoinGecko, boasting a market capitalization of $14.79 billion. This valuation places it as the 13th largest cryptocurrency by market cap, surpassing well-known tokens like WBTC and WBETH. Despite its high market cap, FIGR_HELOC is currently only available for trading on Figure Markets, with a modest 24-hour trading volume of $234,000. Previously, 0xngmi, co-founder of DeFiLlama, raised concerns about the accuracy of Figure's on-chain RWA data, suggesting potential discrepancies. The limited trading availability and low volume may further fuel scrutiny over the token's valuation and data transparency.