The integration of Real-World Assets (RWAs) into the Decentralized Finance (DeFi) ecosystem has shown a notable increase, with protocols now accounting for 3.69% of the total value locked (TVL), up from 1.77% in July. This rise underscores the growing trend of incorporating Real World Assets into the blockchain ecosystem.
Real World Asset Protocol Shares Jump to 3.69% in DeFi TVL
According to data disclosed by IntoTheBlock, the share of Real World Asset protocols within the Decentralized Finance sector has more than doubled, from 1.77% in July to 3.69% of the total TVL. The increase reflects the expanding role of Real World Assets in DeFi, where tokenized versions of physical assets are gaining traction.
Tokenization of Real World Assets allows these assets to be traded more efficiently and provides new liquidity options. The potential of this trend is evident in the success of platforms like MakerDAO, which now generates over 60% of its revenue from RWA tokenization to keep its native stablecoin, DAI, in circulation.
More so, the surge in RWA protocol shares in DeFi indicates a promising future for the convergence of traditional finance with decentralized technologies.
Real World Assets represent tangible assets that include a wide array of categories such as real estate, commodities, and financial products like ETFs and bonds. The process of tokenization enables investors to trade fractional shares of physical assets, bringing a new level of accessibility and liquidity.
Additionally, blockchains such as Ethereum, Solana, and Polygon are commonly used for RWA tokenization, depending on the strengths and requirements of each network. The integration of RWA into DeFi platforms provides users with opportunities to access traditional markets in a decentralized, secure environment.
Meanwhile, Rexas Finance surpassed its third presale target, raising over $2,750,000 in the blockchain and Real World Asset tokenization space. This achievement complements the rapid growth and reflects strong market enthusiasm.
Hex Trust and Clearpool Launch Ozean to Unlock RWA Yield
In a major development for RWAs, Hex Trust and Clearpool have launched Ozean, a blockchain platform designed to unlock yield opportunities from RWAs. Ozean aims to revolutionize the Decentralized Finance sector by leveraging Hex Trust’s institutional-grade custody and Clearpool’s lending capabilities. The platform focuses on providing a regulated, scalable framework for institutional investors to tap into the growing market for RWA liquidity.
Hex Trust has partnered with @ClearpoolFin to launch #Ozean, the blockchain for Real-World Asset (RWA) yield, backed by @Optimism.
1/2 pic.twitter.com/OxO9kBtKcK
— Hex Trust (@Hex_Trust) October 9, 2024
Moreover, this partnership underscores the increasing institutional interest in the DeFi space. This is because platforms like Ozean provide a secure infrastructure for RWA-based lending and yield generation.
Following the launch of Ozean, Clearpool’s native token, CPOOL, experienced a price surge, trading at $0.1752 with a 16.15% rise over the last 24 hours. This rally reflects the positive market sentiment surrounding the potential of RWA within the DeFi space.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/real-world-asset-protocol-shares-double-in-defi-tvl-can-this-momentum-hold/
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