RWA DeFi Markets; yields, TVL and cash-and-carry; RWA Markets, by Refraction Research

Tokenized-asset DeFi: lending markets, yields and TVL across chains, fund issuance, and the tokenized-treasury cash-and-carry screen.

Tokenized RWAs traded $36.1B in the last 24h across 22 venues, in 393 assets over 1540 markets.

Tokenized real-world assets are 19.0% of all tracked perp open interest ($9.4B).