diff --git a/src/factory/providers/polygon/newrlrwa/index.ts b/src/factory/providers/polygon/newrlrwa/index.ts
new file mode 100644
index 00000000..fce09e36
--- /dev/null
+++ b/src/factory/providers/polygon/newrlrwa/index.ts
@@ -0,0 +1,81 @@
+import util from '../../../../util/blockchainUtil';
+import { request, gql } from 'graphql-request';
+import { ITvlParams, ITvlReturn } from '../../../../interfaces/ITvl';
+import formatter from '../../../../util/formatter';
+
+const START_BLOCK = 55129443;
+const PROTOCOL_ADDRESSES = ['0xbfeb0b78f9ab8223657b65c5acad846c12f8aa89'];
+const USDC_TOKEN_ADDRESS = '0x3c499c542cef5e3811e1192ce70d8cc03d5c3359';
+const TRACKED_TOKENS = [
+  '0x01d6d93feaa0a7157b22cf034d09807e63d1e3d8', // SUGR
+];
+const THEGRAPTH_ENDPOINT =
+  'https://api.thegraph.com/subgraphs/name/messari/uniswap-v3-polygon';
+const LAST_SWAP_QUERY = gql`
+  query trades($block: Int!, $tokenIn: String!, $tokenOut: String!) {
+    swaps(
+      where: { tokenIn: $tokenIn, tokenOut: $tokenOut }
+      orderBy: timestamp
+      orderDirection: desc
+      first: 1 # block: {number: $block}
+    ) {
+      amountIn
+      amountOut
+    }
+  }
+`;
+
+async function getConversion(
+  block: number,
+  fromToken: string,
+  toToken: string,
+) {
+  const data = await request(THEGRAPTH_ENDPOINT, LAST_SWAP_QUERY, {
+    block: block,
+    tokenIn: fromToken,
+    tokenOut: toToken,
+  });
+  // Get the Last Traded Price of the Token against USDC for conversion
+  const swap = data['swaps'][0];
+  return swap['amountOut'] / swap['amountIn'];
+}
+
+async function tvl(params: ITvlParams): Promise<Partial<ITvlReturn>> {
+  const { block, chain, web3 } = params;
+  if (block < START_BLOCK) {
+    return {};
+  }
+
+  let usdcValue = 0;
+
+  const tokenBalances = await util.getTokenBalancesOfHolders(
+    PROTOCOL_ADDRESSES,
+    TRACKED_TOKENS,
+    block,
+    chain,
+    web3,
+  );
+  const rawBalances = {};
+  formatter.sumMultiBalanceOf(rawBalances, tokenBalances);
+  // rawBalances now contains the commodity tokens held in the protocol addresses
+
+  for (const token of TRACKED_TOKENS) {
+    if (!rawBalances[token]) {
+      continue;
+    }
+    // UniswapV3 is used to get the conversion rate of the commodity tokens to USDC
+    const conversionRate = await getConversion(
+      block,
+      token,
+      USDC_TOKEN_ADDRESS,
+    );
+    const tokenBalance = rawBalances[token];
+    usdcValue += tokenBalance * conversionRate;
+  }
+
+  const balances = { [USDC_TOKEN_ADDRESS]: usdcValue.toString() };
+
+  return { balances };
+}
+
+export { tvl };