Tokenized RWAs Surpass $34B as DeFi Utilization Rates Skyrocket

Binance Research has reported that tokenized RWAs have grown to over $34 billion in value, marking an impressive 85% year-to-date increase.

Despite this significant growth, only a tiny fraction of underlying markets, just 0.01%, have been tokenized so far.

The research firm has introduced two new metrics, PAR and CAR, to measure adoption and utilization rates in the RWA market.

According to Binance Research, higher DeFi utilization rates can accelerate growth in both the RWA market and the adoption of tokenized assets.