Real-World Asset Deposits Jump to $7.4 Billion Through DeFi Downturn
Deposits of tokenized real-world assets across decentralized finance more than tripled to $7.4 billion over the past year, even as total funding in the sector declined. CoinShares highlighted the split in its latest report with Token Terminal, noting that demand for tokenized assets is now driven by utility rather than by crypto market cycles. Sponsored Sponsored Tokenized Assets Pull Away From the DeFi Slump An earlier CoinShares report put the on-chain market value of tokenised assets above $40 billion. The new data measures how much of that is actually being used. The report covers on-chain activity from the second quarter of 2025 through the second quarter of 2026. It showed that RWA deposits climbed from $2.3 billion to $7.4 billion year-on-year. Deposits stayed concentrated in yield-bearing products. Tokenized Treasury and multi-strategy funds, including JTRSY, BUIDL, and sUSDS, drove most of the growth. Aave (AAVE), Morpho (MORPHO), and Kamino (KMNO) held the deepest liquidity. Follow us on X to get the latest news as it happens Tokenised Funds Emerging As The Primary Collateral Asset. Source: CoinShares Total DeFi deposits moved in the opposite direction. It fell roughly 15% as investors withdrew capital and token prices dropped. The pattern repeated in trading. Sponsored Sponsored Crypto-native spot volumes on decentralized exchanges dropped about 70% over the