This week’s metrics show tokenized real-world assets (RWAs) have cracked another ceiling, with total value locked (TVL) blowing past $38 billion and hitting $38.17 billion on Sunday, Aug. 9, 2026. The RWA sector is now just $1.83 billion shy of punching through the $40 billion mark.
Key Takeaways
Rwa.xyz shows tokenized RWAs hit $38.17B on Aug. 9, just $1.83B shy of $40B.Circle USYC leads tokenized Treasuries at $3B as the sector reaches $16.21B.Tether Gold leads commodities as RWA holders climb 56.18% to 1.7M.The tokenized RWA sector takes physical and traditional finance (TradFi) assets and puts them onchain as digital tokens, opening the door to deeper liquidity, broader access, and transparent settlement.
The fight for tokenized Treasury dollars is getting crowded, but Circle USYC sits on the throne with $3 billion in total value, trailed by Blackrock’s USD Institutional Digital Liquidity fund (BUIDL) at $2.68 billion. Ondo’s U.S. Dollar Yield fund is breathing down their necks at $2.14 billion, while Franklin Templeton’s iBENJI controls $1.72 billion. Further down the money pile, the Janus Henderson Treasury Fund holds $882.30 million, while the Invesco Short Duration U.S. Government Sec fund closes out the group with $813.86 million.
Tokenized Credit Climbs as Non-U.S. Government Debt Retreats Tokenized Stocks and Commodities Flash Red-Hot ActivityWith $40 billion now within striking distance, tokenized RWAs are pushing deeper into TradFi, while surging holders and transfer volumes suggest the onchain asset experiment is still accelerating fast.
