Time | Details |
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2024-07-16 21:09 |
RWA Protocols Reach $3.89 Billion TVL in DeFi by July 2024
According to @WeWillWinTr, the Total Value Locked (TVL) in Real World Assets (RWA) within DeFi protocols has reached an impressive $3.89 billion as of July 2024. This milestone highlights the growing integration of tangible assets into the DeFi ecosystem, signaling a significant shift towards incorporating traditional financial elements. (Source) |
2024-07-30 18:26 |
MANTRA: A Security-First RWA Layer 1 Blockchain
According to @felixreads, MANTRA is a security-first RWA Layer 1 Blockchain that offers a permissionless blockchain for permissioned applications. It includes built-in modules, SDKs, and APIs to create, trade, and manage regulatory-compliant Real World Assets. Data from @intotheblock indicates that 93% of... (Source) |
08:16 |
Real World Assets Gaining Traction in DeFi Market
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) |