DeFi· ★★★· neutral·

Pantera: tokenized asset market hits $331.8B but liquidity stays thin

  • —671 tokenized assets worth $331.8B as of June 30, stablecoins at 89.1%
  • —Non-stablecoin RWAs rose 13.3% in Q2 to $36.3B
  • —59 freely transferable assets drove 99.8% of June trading volume
  • —Tokenized equity perps volume hit $67.8B versus $4.2B in spot
Why it matters: Tokenization keeps growing in size but not in liquidity: offloading $10M of tokenized fund shares takes an average of 126.5 days.
Source: Cryptoast