RWA Deposits Surge to $7.4B as DeFi Slumps
RWA deposits tripled to $7.4 billion in Q2 2026, despite a broader decline in DeFi activity.
This growth is attributed to demand driven by financial utility rather than crypto market cycles, according to CoinShares' Hybrid Finance report.
The largest contributors to the $7.4 billion in deposits are tokenized Treasury and multi-strategy funds, private credit products, and delta-neutral yield strategies.