Tokenized RWA Deposits Surge to $7.4B in Q2 '26

CoinShares and Token Terminal have released a report showing that tokenized RWA deposits have more than tripled to $7.4 billion in Q2 '26 from $2.3 billion between Q2 '25 and Q2 '26.

This growth stands out against the broader DeFi backdrop, where total DeFi deposits fell by approximately 15% over the same period, while aggregate spot DEX volumes declined by around 70%

The increase in RWA spot trading volumes was more pronounced, rising by roughly 220% year on year.

The report also found that almost 70% of all RWA deposits are allocated to lending venues built on Ethereum.