Why DeFi Is Getting a Tiny Share of the Tokenization Boom
The market for tokenized real-world assets (RWAs) is approaching the $30 billion mark on blockchain networks, yet only a small share is actively participating in decentralized finance. Recent figures from DeFiLlama indicate that while nearly $28.6 billion worth of tokenized assets exists on-chain, just $2.47 billion is currently deployed in DeFi systems. The numbers highlight a growing divide between digital ownership of traditional assets and their actual usability within open crypto ecosystems. Much of the sector’s value remains parked outside lending pools, collateral systems, and other mechanisms that make digital assets flexible in decentralized markets. Money market products and bonds…





