Data: Overall deposits in DeFi fell by 15%, while RWA deposits increased against the trend to reach 7.4 billion dollars

According to BeInCrypto, CoinShares and Token Terminal have released a latest report showing that in the past year (from Q2 2025 to Q2 2026), the deposits of tokenized real-world assets (RWA) in the DeFi sector grew from $2.3 billion to $7.4 billion, more than doubling year-on-year, while total DeFi deposits during the same period declined by about 15%.

The growth is mainly concentrated in yield-bearing products, including tokenized government bonds and multi-strategy funds (such as JTRSY, BUIDL, sUSDS), with Aave, Morpho, and Kamino providing the deepest liquidity. Meanwhile, on-chain RWA spot trading volume increased by about 220% year-on-year, while the native cryptocurrency spot trading volume on decentralized exchanges fell by about 70%.