$20B RWA Market Up 589% As Aave, Morpho Add Collateral
Tokenized RWAs jumped 589% to nearly $20 billion in 2026. See how BlackRock and Ondo Treasuries now work as collateral on Aave and Morpho.
Tokenized RWAs jumped 589% to nearly $20 billion in 2026. See how BlackRock and Ondo Treasuries now work as collateral on Aave and Morpho.
BlackRock’s BUIDL fund holds $3.1B AUM but only $18.9M cycles through Morpho, Pendle, and Aave. The DeFi loop stack that compounds tokenized Treasury yield.
Ondo Finance’s OUSG product crossed $500M as the tokenized RWA market passed $2B. Short-duration Treasury yield beats Aave USDC by up to 250 basis points.
BlackRock’s BUIDL crossed $1.7B AUM as it expanded to Solana, the seventh chain. The tokenized money market fund holds 34% of the tokenized US Treasury market.