6 Tokenized Asset Categories Are Already Above $1B Onchain 🔥
Honestly, RWA is already past the “is this real?” debate. The numbers are too big now.
Treasuries are at $13.5B onchain, which is kind of insane. Commodities are already around $7.37B too. Private credit is near $6B. And somehow we now have 6 different tokenized asset categories over $1B.
So yeah, the liquidity is here.
Treasuries are the easy trade, fine. Obvious yield, obvious demand, nobody has to think too hard about why capital wants that.
Commodities are the annoying one.
Gold can be tokenized. Cool. Who cares if it just sits in a wallet doing nothing? A commodity-backed token with no real onchain utility is basically a nicer receipt.
That is the part people skip over.
The market does not need another clean RWA explainer. We need to know if this stuff can actually move, earn, settle into DeFi, or do anything other than sit there like dead capital.
Commodity-backed assets with native yield are the lane I keep watching now.
streamex is interesting for this exact reason.
Watching the yield layer on Base now. Size is a vanity metric if the asset is stuck.