Onchain value
The figure at the top of every page is the tokenized asset value one provider can see, plus the stablecoins in issue. This is what goes into it, what does not, and how it has moved.
How it has moved
View as table
| Period | Onchain value | Note |
|---|---|---|
| 2026-07-25 | $334,700,000,000 | |
| 2026-07-28 | $334,810,000,000 |
What the figure is made of
| Component | Value | Share |
|---|---|---|
| Distributed tokenized asset value | $36,890,000,000 | 11.0% |
| Stablecoins in issue | $297,920,000,000 | 89.0% |
How the figure is built
The sum of the two headline aggregates RWA.xyz publishes on its front page: distributed asset value, which is the tokenized value it can see held across the asset classes it tracks, and total stablecoin value. Both come from one provider on one basis, which is the reason for using them rather than adding up this site's per-class figures: those are drawn from different providers on different dates and cannot be re-read without a key.
It counts what one provider tracks, not what exists. RWA.xyz reaches the tokens and networks it has integrated; anything it has not is absent from the figure rather than estimated into it.
It is not a price and it is not live. The source page carries no date stamp, so each reading is dated to the day this site read it, and the figure changes only when that page changes.
Stablecoins dominate it. At the 28 July 2026 reading they were $297.92bn of $334.81bn, so a move in the total is usually a move in stablecoin supply and should be read as one.
Distributed value is the narrower of the two tokenized measures the provider publishes. Its represented asset value, $379.60bn on 28 July, counts the value of the underlying assets behind tokenized claims and is not added here, because doing so would count the same economic exposure twice.
The same market by asset class
| Asset class | Published aggregate | As of | Source |
|---|---|---|---|
| Government securities | $16.2bn | 25 July 2026 | RWA.xyz |
| Private credit | $6.98bn | 25 July 2026 | RWA.xyz |
| Tokenized funds | $1.41bn | 16 June 2026 | RWA.xyz |
| Real estate | $203m | 25 July 2026 | RWA.xyz |
| Commodities | $4.59bn | 25 July 2026 | RWA.xyz |
| Equities | $1.94bn | 22 July 2026 | RWA.xyz |
| Corporate debt | — | — | |
| Tokenized deposits | — | — | |
| Stablecoins | $298bn | 25 July 2026 | RWA.xyz |
| Other tokenized assets | — | — |
The record
| Reading | Total | Change | Note |
|---|---|---|---|
| 28 July 2026 | $334,810,000,000 | +0.03% | Read from the provider's front page on 28 July 2026. The page carries no date stamp; it showed distributed value up 4.14% and stablecoins up 0.07% over the preceding 30 days. |
| 25 July 2026 | $334,700,000,000 | Both components as recorded on this site's data pages for 25 July 2026. |