Real World Asset (RWA) protocols have seen significant growth within the decentralized finance (DeFi) ecosystem, now accounting for 3.69% of the total value locked (TVL), up from 1.77% in July.
This upward trend highlights the increasing integration of real-world assets into DeFi, as these protocols provide opportunities to tokenize physical assets, bridging traditional finance with blockchain technology.
Real World Asset (RWA) protocols now account for 3.69% of DeFi's TVL, a significant rise from 1.77% in July.
This steady uptrend shows the growing integration of real-world assets within the DeFi ecosystem. pic.twitter.com/CCrYKuvtH5
— IntoTheBlock (@intotheblock) October 9, 2024
Real-world assets have quickly become one of the most talked-about narratives in DeFi, drawing attention from both institutional and retail investors. As the demand for RWA-backed DeFi solutions grows, several projects are leading the charge in terms of TVL.
Top RWA Projects by TVL:
1. Sky – $1.60 billion
Sky leads the pack, boasting the highest TVL among RWA protocols.
2. Ondo – $642 million
Ondo is another strong performer, securing its position as a significant player in the RWA space.
3. BlackRock – $522 million
BlackRock, one of the most notable names in finance, is making waves in the DeFi world with its RWA initiative.
4. UsualMoney – $292 million
UsualMoney continues to gain traction as a popular choice for RWA investment.
5. Solv – $195 million
Solv’s innovative approach to tokenizing real-world financial assets places it among the top RWA projects.
6. OpenEden – $127 million
OpenEden’s RWA protocol is steadily growing, with a solid TVL contribution.
7. RealT – $117 million
RealT focuses on tokenizing real estate, offering investors access to fractional ownership.
8. Cygnus – $86.7 million
Cygnus continues to build its presence in the RWA space with a strong TVL.
9. Anzen – $65.4 million
Anzen’s growing TVL underscores its potential in the RWA sector.
10. Tangible – $42.0 million
Tangible rounds out the top 10, showing steady growth in TVL.
⚡️ Top RWA Projects by Total Value Locked
Real World Assets #RWA became one of the most hyped narratives of current market momentum. Let's explore the leading RWA projects ranged by #TVL.#Sky – $1.60 B#Ondo – $642 M#blackRock – $522 M#UsualMoney – $292 M#Solv – $195 M… pic.twitter.com/PepymSuRaE
— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) October 9, 2024
With RWA protocols on the rise, the DeFi ecosystem is evolving to include more traditional financial assets, expanding its utility and appeal to a broader audience.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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