Research · Tokenized RWA Tracker
Tokenized RWA Tracker: Protocols, TVL, Treasury Funds
Tokenized real-world asset value by issuer, blockchain, and backing category. Updated monthly from on-chain data.
Latest reading as of . Methodology v1.
TL;DR
Tokenized real-world assets stood at $25.29B as of 2026-07-16. Tokenized treasury funds account for $10.63B. The top three issuers hold 36.6 percent of the market.
Total tokenized RWA value, monthly
| Period | Value |
|---|---|
| May | $25.1B |
| July | $25.3B |
Key figures
- Total tokenized RWA value reached $25.3 billion as of 16 July 2026.
- Tokenized treasury funds reached $10.6 billion as of 16 July 2026.
- Total stablecoin supply reached $309.0 billion as of 16 July 2026.
- Top three issuer concentration stood at 36.6 percent as of 16 July 2026.
- Active issuers reached 52 as of 16 July 2026.
- Chains carrying RWA reached 36 as of 16 July 2026.
Issuer leaderboard
| Rank | Issuer | Value (USD) | Share |
|---|---|---|---|
| 1 | BlackRock BUIDL | $3.4 billion | 13.5% |
| 2 | Circle USYC | $3.0 billion | 11.9% |
| 3 | Tether Gold | $2.8 billion | 11.3% |
| 4 | Ondo Yield Assets | $2.6 billion | 10.1% |
| 5 | Paxos Gold | $1.8 billion | 7.1% |
| 6 | Centrifuge Protocol | $1.6 billion | 6.5% |
| 7 | Spiko | $1.2 billion | 4.6% |
| 8 | Blockchain Capital | $967.6 million | 3.8% |
| 9 | Ondo Global Markets | $963.9 million | 3.8% |
| 10 | Anemoy Capital | $868.4 million | 3.4% |
Chain composition
| Rank | Chain | Value (USD) | Share |
|---|---|---|---|
| 1 | Ethereum | $13.4 billion | 52.9% |
| 2 | Binance | $3.6 billion | 14.3% |
| 3 | Avalanche | $1.5 billion | 6% |
| 4 | Solana | $1.4 billion | 5.6% |
| 5 | Stellar | $1.1 billion | 4.3% |
| 6 | zkSync Era | $985.5 million | 3.9% |
| 7 | Aptos | $858.3 million | 3.4% |
| 8 | Arbitrum | $531.7 million | 2.1% |