RWA Trading Surges 220% in 2026 as Yield-Bearing Assets Gain Traction

The real-world asset (RWA) market is experiencing significant growth in 2026, driven by the increasing use of tokenized products. According to a recent report from CoinShares and Token Terminal, RWA spot trading volumes rose by 220% between Q2 2025 and Q2 2026.

This surge in trading activity is largely due to the growing demand for yield-bearing RWAs, which are being used as collateral while continuing to earn income. As a result, tokenized Treasury and multi-strategy products have become increasingly popular, contributing heavily to collateral growth.

The use of RWA deposits on Ethereum-based lending venues has also increased significantly, with nearly 70% of deposits sitting on these platforms. This is largely due to the established borrowing markets and network effects on Ethereum's platform.