RWA market cap reached $45.0B all-time high, with Ethereum hosting 51.9%; RWA DeFi TVL grew 6.8% to $2.9B and DEX volume surged 375.2% to $666.1M in 90 days.
RWA & Tokenization ·
The real-world asset market has reached $45.0 billion in total capitalization at an all-time high, with Ethereum commanding just over half of the sector at $23.3 billion. This concentration reflects Ethereum's position as the dominant blockchain for RWA issuance and infrastructure development.
Activity within RWA-focused decentralized finance has accelerated markedly. Over a 90-day window, total value locked in RWA DeFi protocols grew 6.8% to $2.9 billion, while daily decentralized exchange volume in the sector surged 375.2% to reach $666.1 million. The sharp increase in trading volume relative to modest TVL growth suggests a shift toward active onchain utilization beyond initial token issuance.
The data points to maturing on-chain infrastructure for real-world assets, though questions remain about whether the volume surge reflects sustained demand or temporary volatility, and how distribution across competing blockchains may evolve.