Binance Research: On-Chain RWA Volume Hits $34.18B, Up 85.2% Year-to-Date
- —On-chain RWA volume is $34.18 billion, up 85.2% year-to-date
- —Bonds and MMFs account for $18.29 billion — the largest share
- —Tokenized stocks grew 390.4% year-to-date
- —CAR (DeFi usage) is 12%, PAR is about 0.01%
Why it matters: It shows that RWA growth is driven by bonds and stocks, but actual on-chain use of these assets in DeFi remains low.
Source: TokenPost