Loading...
tr eur-usd
EURO/USD
-0.45%
Euro US Dollar
1,08 TRY
btc
BTC
0.03%
Bitcoin
69.518,61 USDT
eth
ETH
-0.73%
Ethereum
2.493,36 USDT
bch
BCH
1.53%
Bitcoin Cash
355,00 USDT
xrp
XRP
-0.76%
Ripple
0,51 USDT
ltc
LTC
-1.18%
Litecoin
69,42 USDT
bnb
BNB
-0.5%
Binance Coin
570,20 USDT
sol
SOL
0.19%
Solana
166,42 USDT
avax
AVAX
-2.25%
Avalanche
24,23 USDT
ada
ADA
-1.72%
Cardano
0,35 USDT
dot
DOT
-0.37%
Poladot
3,89 USDT
doge
DOGE
0.57%
Doge Coin
0,16 USDT
shib
SHIB
-0.63%
Shiba Inu
0,00 USDT
KriptoBoss.com
featured
  1. News
  2. DeFi News
  3. RWA Protocols Reach 3.69% TVL Milestone, Trending in DeFi Market

RWA Protocols Reach 3.69% TVL Milestone, Trending in DeFi Market

Share

Share This Post

or copy the link

Increasing Integration of Real World Assets in DeFi Ecosystem Drives Growth in TVL

Real World Asset Protocols Gain Traction in DeFi

Real World Asset (RWA) protocols have observed a substantial increase in the decentralized finance (DeFi) ecosystem, now representing 3.69% of the total value locked (TVL), up from 1.77% in July. This surge underscores the growing incorporation of real-world assets into DeFi, offering avenues to tokenize physical assets and connecting traditional finance with blockchain technology.

Rise of Real-World Asset Investment Trends

The surge in RWA protocols signals one of the most prominent narratives in DeFi, capturing the interest of both institutional and retail investors. As the demand for RWA-backed DeFi solutions grows, several projects are leading in terms of TVL.

Top RWA Projects by TVL:

1. Sky – $1.60 billion

2. Ondo – $642 million

3. BlackRock – $522 million

4. UsualMoney – $292 million

5. Solv – $195 million

6. OpenEden – $127 million

7. RealT – $117 million

8. Cygnus – $86.7 million

9. Anzen – $65.4 million

10. Tangible – $42.0 million

Evolution of DeFi Ecosystem with RWA Protocols

With the increasing prominence of RWA protocols, the DeFi landscape is diversifying to encompass more traditional financial assets, broadening its functionality and attracting a wider audience.

Disclaimer: This article does not constitute trading or investment advice. It is crucial to conduct thorough research before engaging in cryptocurrency purchases or any investment activities.

Follow us on Twitter @themerklehash to remain updated on the latest Cryptocurrency, NFT, AI, Cybersecurity, and Metaverse developments!

Image Source: fledermausstudio / 123RF // Image Effects by Colorcinch

0
i_like
I like
0
dikkatimi_ekti
Dikkatimi Çekti
0
do_ru_bilgi
Doğru Bilgi
0
e_siz_bilgi
Eşsiz Bilgi
0
alk_l_yorum
Alkışlıyorum
0
sevdim
Sevdim
RWA Protocols Reach 3.69% TVL Milestone, Trending in DeFi Market
Comment
Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
ADS Banner

Your email address will not be published. Required fields are marked *

ADS Banner