Real-world asset sector reaches $8.2B in TVL

The real-world asset (RWA) sector has experienced substantial growth over the past three years, with its total value locked (TVL) reaching $8.217 billion, as reported by DeFiLlama.

This marks a 58-fold increase, including a $1 billion surge within the last week alone.

Platforms like Usual (CRYPTO:USUAL) and Hashnote have been instrumental in driving this expansion.

Usual’s TVL rose by 65.65% to $1.445 billion, while Hashnote recorded a 65.58% increase, bringing its TVL to $1.497 billion in the past week.

Over the last 30 days, Usual’s TVL soared 230%, and Hashnote followed closely with a 217% rise.

Together, these two platforms represent over 35% of the total locked value in the sector.

Usual’s performance was bolstered by a $10 million Series A funding round led by Binance Labs and Kraken Ventures.

Its governance token also hit an all-time high despite controversy over a fake partnership announcement linked to a hacked account.

Other platforms, including Nest Staking, MatrixDock, and Ethena (CRYPTO:ENA), have also contributed to the sector's growth.

Nest Staking’s TVL climbed by 58% to $66.24 million, while MatrixDock saw a 48.18% increase.

Ethena recorded a more modest rise of 12.38%.

However, not all projects benefited from this growth.

Solv Protocol experienced a 10% drop in TVL, falling to $712.81 million, and Danogo saw a 15% decrease, reducing its value to $4 million.

Maker RWA faced the steepest decline over the past month, losing 65% of its value and settling at $290.7 million.