Real World Assets Gaining Traction in DeFi Market

11/20/2024 8:16:53 AM

According to Ekpono Akwaowo, the DeFi space is undergoing significant changes, with Real World Assets (RWAs) now constituting 2-3% of DeFi's Total Value Locked (TVL). This marks a substantial increase from $0.76 billion in early 2023 to $5.78 billion by November 2024. Despite an overall decline in DeFi TVL, RWAs are seen as a driving force for innovation, effectively linking traditional finance (TradFi) with decentralized finance (DeFi). This trend highlights the growing importance of RWAs in the DeFi ecosystem. (Source)

DeFi TVL TradFi Real World Assets Ekpono Akwaowo

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