Credit products account for 76% of real-world asset deposits in DeFi lending protocols, equaling approximately $1.61 billion, making credit the leading form of onchain RWA collateral. The broader tokenized RWA market has reached approximately $34.5 billion, with growth of over 140% year-over-year. Tokenized credit, valued at $7.8 billion, offers returns between 3.32% and 13.84% and shows far greater composability across DeFi than cash equivalents, most of which remain inactive. Lending activity is heavily concentrated: Morpho, Kamino, and Aave together account for 83% of RWA lending activity.
Source: Read the original article

