TCB IntelligenceUpdated August 28, 2026 UTC
$28.93B in Real-World Assets Now Live On-Chain
US Treasuries account for roughly 51% of total RWA TVL on-chain. Private credit and real estate are gaining ground fast. This tracker pulls fresh data from DefiLlama and CoinGecko every day so you can follow exactly where institutional capital is moving on-chain.
RWA Market Overview
Total RWA TVL On-Chain$28.93B
RWA Token Market Cap$57.81BCoinGecko RWA category
Active RWA Platforms182+
Largest Asset ClassUS Treasuries~51% of RWA TVL
Asset Class Breakdown
US Treasury / Gov Bonds~$14.87B
Private Credit~$6.62B
Real Estate~$3.30B
Commodities / Other~$4.14B
Major RWA Platforms
PlatformFocusTVL/AUM
Ondo FinanceUS Treasuries / Money Markets$4.2B
BlackRock BUIDLTokenised US Treasuries$3.5B
Franklin TempletonTokenised Money Market Fund$2.1B
CentrifugePrivate Credit / Trade Finance$0.5B
Maple FinanceInstitutional Credit$0.7B
GoldfinchEmerging Market Credit$0.3B
RealTTokenised US Real Estate$0.1B
Figure TechnologiesHome Equity Loans$0.4B
SecuritizePrivate Securities$0.9B
SuperstateShort Duration US Govts$0.6B
RWA Token Rankings
#TokenMkt Cap24h
1Figure Heloc (FIGR_HELOC)$22.52B+3.4%
2Chainlink (LINK)$8.78B+0.9%
3Stellar (XLM)$6.37B+0.3%
4Circle USYC (USYC)$2.88B+0.0%
5Tether Gold (XAUT)$2.81B-0.1%
6BlackRock USD Institutional Digital Liquidity Fund (BUIDL)$2.81B+0.0%
7Ondo US Dollar Yield (USDY)$2.19B+0.3%
8PAX Gold (PAXG)$1.98B-0.1%
9Ondo (ONDO)$1.79B-1.0%
10Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO)$1.18B-0.1%
11Blockchain Capital (BCAP)$968.2M+0.0%
12Quant (QNT)$907.9M-0.6%
For RWA and tokenization analysis, see TCB Web3 Coverage and Digital Finance Research.