Presently, on-chain RWAs signify a $7.5 billion market. Whereas this might sound marginal relative to the tens of trillions of {dollars} value of belongings managed historically, the tempo of progress and the growing vary of belongings being tokenized — together with treasuries, commodities, personal fairness, actual property, personal credit score, and others — counsel a tipping level. A 2022 Boston Consulting Group report estimated that the marketplace for tokenized belongings may develop to $16 trillion by 2030, which might tremendously allow DeFi protocols catering to those belongings to develop total new monetary ecosystems throughout lending, liquidity swimming pools, futures and derivatives, and different markets.