Billion

<p><em><strong>Messari Crypto, a blockchain analytics firm, has recently shared a report. The report shows a 60% growth in total value locked (TVL) across real-world asset tokenization (RWA) since February of this year.</strong></em></p>
<p>On May 1, blockchain analytics and research firm Messari wrote on X that TVL for RWL protocols had increased to almost $8 Billion as of April 26.</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">Over the past year, RWA protocols have seen a remarkable resurgence, with their TVL soaring to nearly $8 billion, driven by a market preference for debt-based, high-yield investments.<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/270d.png" alt="✍" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/SteimetzKinji?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SteimetzKinji</a> provides insights in the latest Messari Pro report: <a href="https://t.co/GeDgqu3hkW" rel="noopener noreferrer nofollow">https://t.co/GeDgqu3hkW</a> <a href="https://t.co/zKgyXcRoMU" rel="noopener noreferrer nofollow">pic.twitter.com/zKgyXcRoMU</a></p>— Messari (@MessariCrypto) <a href="https://twitter.com/MessariCrypto/status/1785448731803807800?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 30, 2024</a>
</blockquote>
<p>As per the report, real-world asset tokenization protocols have grown tremendously over the last year, with total value locked for the sector reaching an all-time high.</p>
<h2 class="wp-block-heading" id="strong-driver-of-growth-for-tvl-strong"><strong>Driver Of Growth For TVL</strong></h2>
<p>Messari has shared that RWA <a href="https://www.thecoinrepublic.com/2023/10/15/detailed-guide-of-operational-mechanics-of-defi-auction-protocols/" target="_blank" rel="noopener noreferrer nofollow">protocols</a> experienced “a remarkable resurgence” over one year. It also showed that the increase in market preference for debt-based, high-yield investments has driven the sector’s growth for the year.</p>
<p>The reported value of $8 Billion in TVL figures excludes fiat-backed stablecoins such as Tether and USD Coin. However, it includes trade protocols, underwriting, yield-bearing stablecoins, commodities, securities, and real estate tokenization protocols.</p>
<h3 class="wp-block-heading" id="strong-discrepancies-in-tvl-in-rwa-strong"><strong>Discrepancies In TVL In RWA</strong></h3>
<p>The TVL in RWA protocols has increased by approximately 60% since February 2024, reaching $8 Billion.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/Y3lP8PZb1HDZv_RR_evc7-_rT8RScXvjTqcJRt5zJjOYkusez09mL-WeasN-jsfWjLiqvmde9kietT3TW92OaIS9e5N2xoBeY4KygLIv8q-DLnUZbVf-ubBV5c6pBd5O-aDgpcIXQxDWuT3EbHeskOo" alt="">
  <figcaption class="wp-element-caption">
   Source: Messari X account (@MessariCrypto)
  </figcaption>
 </figure>
</div>
<p>The above image shows 60% growth of TVL presented by Messari</p>
<p>However, the most popular on-chain data presenter, DefiLlama, is presenting the TVL for the RWA protocol as $6.087 Billion with a 24-hour volume of $186,592.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/jspZH5rB9PKl5VEWGOCH8mEB8-Dz91VSwMFcWnKf3PJosujM3KU86xTXUc52Lm4ttv3npk67vSXplL101xjt4S2A9bi7Y3tgKseLXZKx8zv4uayu_NRdGegKYbomQv4MFhQ3rBsi5WHzLq-akb5EJ6w" alt="">
  <figcaption class="wp-element-caption">
   Source: DefiLlama.com
  </figcaption>
 </figure>
</div>
<p>The above image shows the TVL, as per Defillama, showing a growth of 6% since the beginning of this year, from $5.741 Billion to $6.081 Billion on April 26. Nevertheless, the TVL has fallen to $4.17 Billion as of May 11, 2024.</p>
<p>After the Messari report on April 26, TVL fell significantly to $3.38 Million at the press time. The value has fallen to this level since July 2021. If we calculate the growth rate since the value picked up before today’s fall, say from 2022 to April 29, it has experienced a tremendous growth of over 3000%.</p>
<p>Several other factors have experienced significant growth in the concerned period.&nbsp;</p>
<h3 class="wp-block-heading" id="strong-growth-in-other-factors-strong"><strong>Growth In Other factors</strong></h3>
<p>Dune Analytics data presented the growth of active users on RWA since February, representing an increase in the sector’s popularity among smaller retail users. Protocols such as digital carbon market platforms Toucan and KlimaDAO and real estate tokenization protocol Propy have seen active users grow.</p>
<p>Due to high yields in a high inflationary environment and high-interest rates in the USA, viewers have observed massive growth in tokenized treasuries. Moreover, tokenized US treasuries and bonds have recorded a locked value of $1.29 Billion, as per the data from RWA.xyz. It has seen a growth of 80% since the beginning of 2024.</p>

Is Messari’s Reported $8B TVL In RWA Protocol Similar To Others?

Table of Contents

Thecoinrepublic.com

Other articles published on May 1, 2024

'Pharma Bro' Martin Shkreli Teases Binance Co-Founder Changpeng Zhao With A Supposed Prison Menu:...

Four Solana Memecoins That Could Rally Over 8,000% and Take on Shiba Inu and Dogecoin

Algotech Presale Inches Closes to $5M Presale, MATIC Price Hits Critical Level While Filecoin Bra...

Curve Finance awards dev $250K for finding reentrancy vulnerability

What is Undeads Games and How to Buy UDS?

Bitcoin and the Fear of the ‘Deadly Cross’

Join our free newsletter for daily crypto updates!