- Real-World Asset protocols now account for 3.69% of DeFi’s total value locked, up from 1.77% in July 2024.
- MakerDAO leads the RWA tokenization trend, generating over 60% of its revenue through integrating real-world assets into its ecosystem.
Recent months have seen amazing expansion in the integration of Real-World Assets (RWAs) inside Decentralized Finance (DeFi). From just 1.77% in July to 3.69% of the total value locked (TVL) in DeFi as of October 2024, RWAs now significantly represent, according to IntoTheBlock.
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
This consistent increase highlights the growing acceptance in the blockchain community of real world asset tokenization. These tokenized assets are creating new paths for generating yields and liquidity by letting actual assets such as real estate, bonds, and other tangible commodities be traded effectively.
The move toward including RWAs into DeFi is changing the way decentralized finance runs and erasing the distinctions between blockchain technology and conventional finance.
MakerDAO RWA Success Highlights DeFi’s Expanding Potential
MakerDAO is one of the platforms spearheading this movement; today, RWA tokenization brings over 60% of their income. This integration guarantees that DAI, its stablecoin, stays in use and offers consumers varied yield prospects.
The success of MakerDAO in using RWAs as a basic component of its activities shows the larger possibilities of these resources inside DeFi.
Blockchains, including Ethereum, Solana, and Polygon, are also actively involved in this change and provide the required distributed infrastructure to enable the tokenization of actual assets, therefore augmenting the trend from which it derives.
Their participation provides investors with access to a wider spectrum of asset-backed prospects, therefore helping to close the gap between conventional financial markets and distributed platforms.
Not only do existing companies shape the expansion of RWAs in DeFi. Newly emerging platforms like Ozean, which also offer investors new opportunities, are driving real-world asset tokenization.
Ozean offers a controlled and scalable solution that has already drawn a lot of attention by combining Hex Trust’s institutional-level custody services with Clearpool’s lending capacity. These changes show how RWAs are changing DeFi, improving liquidity, and providing fresh investment chances grounded on actual assets.
On the other hand, as this trend grows, Chainlink has also found presence in the RWA domain. Recent accounts state that Chainlink, under the Guardian project, has teamed with ANZ to increase its impact in the RWA industry.
As we previously noted, teiterating its importance in the tokenization process and so pushing the integration of RWAs into the DeFi ecosystem, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) remains a key weapon in this effort.
Source: https://www.crypto-news-flash.com/real-world-asset-rwa-now-make-up-3-69-of-defis-tvl/?utm_source=rss&utm_medium=rss&utm_campaign=real-world-asset-rwa-now-make-up-3-69-of-defis-tvl