DL Research: The State of RWAFi Q1 2026 Report

> RWA active market cap grew 5x in just over a year, from $4.1B to $25.2B. But only $3.6B is deployed in DeFi.

> Tokenized funds dominate (~$13.5B), followed by commodities (~$5.9B, mainly gold).

> Private credit (~$4.6B) and tokenized equities increasing from $200M to ~$1.2B.

x.com/dl_research/status/2047364085503901866

Source: https://assets.dlnews.com/dlresea...
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