RWA Trading Surges 220%, Tokenization Boom Takes Center Stage
RWA trading volumes have surged in 2026, rising by 220% between Q2 2025 and Q2 2026. CoinShares found this significant increase in RWA spot trading volumes.
This boom is driven by the growing adoption of tokenized assets and lending liquidity. Nearly 70% of RWA deposits sit on Ethereum-based lending venues, where yield-bearing RWAs are increasingly used as collateral.
This shift marks a change from traditional decentralized exchange (DEX) spot volumes, which fell roughly 70%. This divergence indicates that tokenized assets are gaining traction despite weaker crypto trading conditions.