Cryptoeconomics

News, data and analysis on tokenized assets, market design and digital economic systems.

Data series

Tokenised private credit outstanding

RWA.xyz's distributed value for non-sovereign debt: private credit funds, onchain lending pools, corporate credit, and structured and specialty credit.

Latest verified $6.99bn 25 July 2026
Observations held 1 daily at source; recorded here irregularly
Tokenised private credit outstanding

We hold fewer than two verified observations for this series, so there is no trend to draw. The underlying figures are published by RWA.xyz. Cadence: daily at source; recorded here irregularly. This page will plot them once the history is long enough to mean something.

Source

Last verified observation 25 July 2026.

RWA.xyz ↗

Refresh

This series has no endpoint reachable from the page, so the figure shows the value as of the last build. It is not labelled live and the timestamp is the build timestamp. Cadence: daily at source; recorded here irregularly.

Treated as stale after 14 days without a new observation. Past that point the figure keeps the last verified number and carries a badge; it does not hide it and does not substitute an estimate.

Scope

It counts the tokens actually outstanding and excludes the much larger represented value, which was $35.94bn on the same day and counts the whole referenced loan pool including the part that never reaches a token. A reader comparing this figure with a provider that publishes represented value will see a difference of roughly five times, most of it Figure's home equity line of credit programme.

All series and methods →

Observations

Every observation held for this series, in the order the source published them, exactly as published by RWA.xyz.

PeriodValue (USD)Note
2026-07-25$6,990,000,000RWA.xyz distributed value across 2,512 assets and 186,390 holders. Represented value on the same day was $35.94bn.

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