Tokenized real-world assets reach $44.7B market cap with $2.9B active in DeFi and $321.8M in 24-hour DEX trading.
DeFi & Yields ·
Tokenized real-world assets have grown to a $44.7 billion market valuation, reflecting expanding interest in on-chain representation of physical and traditional financial instruments. Of this total, $2.9 billion is currently deployed across decentralized finance protocols, while spot trading on decentralized exchanges reached $321.8 million over a single 24-hour period.
The milestone signals sustained momentum in the RWA sector, though the distribution of capital reveals concentration dynamics within the ecosystem. The bulk of value remains in holdings rather than active deployment or trading, with DEX volume representing less than 1 percent of the total market cap.
What remains unclear is whether this growth reflects new capital entering the space, migration between protocols, or shifts in valuation methodologies. The data does not indicate what asset classes dominate the $44.7 billion figure or identify which DeFi platforms hold the majority of the $2.9 billion in deployed capital.