Cointelegraph notes RWA platforms have surged past decentralized exchanges in size, with R2 Protocol alone exceeding $10M TVL through growth in institutional channels and U.S. Treasury-linked products.
The total value locked in real-world asset (RWA) protocols has grown to $17 billion, surpassing decentralized exchanges as the fifth largest DeFi category, according to Cointelegraph. Contributing to this trend, R2 Protocol’s TVL surpassed $10 million following increased participation from institutional and on-chain channels. The protocol expanded its RWA offerings to include U.S. Treasuries and money market funds, reflecting broader demand for bond tokenization, private credit, and commodity-based products.