The tokenized real-world asset market has reached $34.6 billion onchain, but only $3.79 billion has been deployed in protocols, leaving about 89% of issued value idle. DefiLlama data shows a sharp difference between the value of tokenized assets issued onchain…
- The tokenized real-world asset (RWA) market has reached $34.6 billion, but only 11% is actively deployed in DeFi protocols, indicating significant idle value.
- Major RWA products like BlackRock's BUIDL and Franklin Templeton's BENJI show very low utilization, while assets designed specifically for collateral, such as JAAA and reUSD, exhibit high utilization rates.
- Falcon Finance emphasizes a multi-faceted approach to assessing RWA collateral, considering legal claims, redemption terms, secondary market liquidity, price feeds, and credit quality, highlighting the complexity beyond simple utilization metrics.
Topics: Asset types, Scalability, Integration with defi, Financial instruments, Market depth liquidity, Rwa collateral lending
Tags: #tokenizedrwa #utilizationrate #falconfinance #collateral #defiprotocols #blackrockbuidl #franklintempletonbenji #circleusyc #jaaa #reusd