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
Onchain value
Tokenized asset value plus stablecoins in issue · US dollars
Scale
View as table
| Period | Onchain value | Note |
|---|---|---|
| 2026-07-25 | $334,700,000,000 | |
| 2026-07-28 | $334,810,000,000 | |
| 2026-07-28 | $334,420,000,000 | |
| 2026-07-29 | $334,420,000,000 | |
| 2026-07-29 | $334,000,000,000 | |
| 2026-07-30 | $334,020,000,000 | |
| 2026-07-30 | $333,790,000,000 | |
| 2026-07-31 | $333,680,000,000 | |
| 2026-08-01 | $334,180,000,000 | |
| 2026-08-02 | $333,550,000,000 | |
| 2026-08-03 | $333,490,000,000 | |
| 2026-08-04 | $332,810,000,000 | |
| 2026-08-05 | $333,230,000,000 | |
| 2026-08-06 | $334,010,000,000 | |
| 2026-08-07 | $334,180,000,000 | |
| 2026-08-10 | $334,600,000,000 | |
| 2026-08-12 | $336,330,000,000 | |
| 2026-08-13 | $336,200,000,000 | |
| 2026-08-14 | $336,200,000,000 | |
| 2026-08-15 | $335,960,000,000 | |
| 2026-08-16 | $336,130,000,000 |
What the figure is made of
| Component | Value | Share |
|---|---|---|
| Distributed tokenized asset value | $38,130,000,000 | 11.3% |
| Stablecoins in issue | $298,000,000,000 | 88.7% |
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 latest reading they were $297.61bn of $334.42bn, 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 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 |
|---|---|---|---|
| 16 August 2026 | $336,130,000,000 | +0.05% | Both components re-read at 09:03 UTC and they moved opposite ways: 38,132,460,110 against 38,154,379,426 yesterday, and 298,006,992,502 against 297,814,555,286. Neither tile carries a date, so the reading is dated by retrieval. |
| 15 August 2026 | $335,960,000,000 | −0.07% | Both components re-read at 09:00 UTC and both down: 38,154,379,426 and 297,814,555,286 in the served markup, against 38,286,755,237 and 297,912,938,370 yesterday. Neither tile carries a date, so the reading is dated by retrieval. |
| 14 August 2026 | $336,200,000,000 | +0.00% | Both components re-read at 09:40 UTC and both unchanged at page precision, so the total holds. The page is fresh: its embedded series now end 13 August. Neither tile carries a date, so the reading is dated by retrieval. |
| 13 August 2026 | $336,200,000,000 | −0.04% | Both components eased: distributed tokenized value from $38.31bn to $38.29bn, stablecoins in issue from $298.02bn to $297.91bn. Read off the one page at 09:52 UTC. Neither tile carries a date, so the reading is dated by retrieval. |
| 12 August 2026 | $336,330,000,000 | +0.52% | Both components moved: distributed tokenized value from $38.14bn to $38.31bn, stablecoins in issue from $296.46bn to $298.02bn. Read off the one page at 09:48 UTC. Neither tile carries a date, so the reading is dated by retrieval. |
| 10 August 2026 | $334,600,000,000 | +0.13% | Both components moved: distributed tokenized value from $38.00bn to $38.14bn, stablecoins in issue from $296.18bn to $296.46bn. Both read off the one page at 10:00 UTC and recorded to the nearest hour. No bearer token was needed. |
| 7 August 2026 | $334,180,000,000 | +0.05% | Both components moved: distributed tokenized value from $37.89bn to $38.00bn, stablecoins in issue from $296.12bn to $296.18bn. Both were read off the one page at 09:40 UTC and recorded to the nearest hour. No bearer token was needed. |
| 6 August 2026 | $334,010,000,000 | +0.23% | Both components moved: distributed tokenized value from $37.38bn to $37.89bn, stablecoins in issue from $295.85bn to $296.12bn. Both were read off the one page at 11:50 UTC and recorded to the nearest hour. No bearer token was needed. |
| 5 August 2026 | $333,230,000,000 | +0.13% | Both components were re-read and both moved: distributed tokenized value from $37.29bn to $37.38bn, stablecoins in issue from $295.52bn to $295.85bn. Read at 06:23 UTC and recorded to the nearest hour. No bearer token was needed. |
| 4 August 2026 | $332,810,000,000 | −0.20% | Read by the press desk at 09:45 UTC, not by the overnight sweep, which wrote nothing today. Both components re-read: distributed tokenized value $37.23bn to $37.29bn, stablecoins in issue $296.26bn to $295.52bn. Rendered without a bearer token. |
| 3 August 2026 | $333,490,000,000 | −0.02% | Both components were re-read before recording and both eased: distributed tokenized value from $37.28bn to $37.23bn, stablecoins in issue from $296.27bn to $296.26bn. Read at 09:00 rather than the usual 06:00, because the sweep had to be re-run. |
| 2 August 2026 | $333,550,000,000 | −0.19% | Both components were re-read before recording and both moved: distributed tokenized value from $37.55bn to $37.28bn and stablecoins in issue from $296.63bn to $296.27bn. The source's net flows section stated an as-of date of 2 August 2026. |
| 1 August 2026 | $334,180,000,000 | +0.15% | Distributed value rose from $36.82bn to $37.55bn on the 31 July reading while the stablecoin component eased from $296.86bn to $296.63bn, taking the total to $334.18bn. Both components were re-read here at the source before recording. |
| 31 July 2026 | $333,680,000,000 | −0.03% | Distributed value fell from $36.93bn to $36.82bn on the 30 July 19:00 UTC reading while the stablecoin component held at $296.86bn, taking the total to $333.68bn. The source Net Flows section is timestamped 07/31/2026, so the page had refreshed. |
| 30 July 2026 | $333,790,000,000 | −0.07% | Second reading of the day. Both components moved on the 08:00 UTC read, distributed value $36.78bn to $36.93bn and stablecoins $297.24bn to $296.86bn. The source stablecoin aggregate still sits below the DefiLlama figure; the method uses one provider. |
| 30 July 2026 | $334,020,000,000 | +0.01% | Read at 08:06 UTC and recorded to the nearest hour. Both components moved on the 29 July 08:00 UTC reading, distributed value $36.81bn to $36.78bn and stablecoins $297.61bn to $297.24bn, taking the total from $334.42bn to $334.02bn. |
| 29 July 2026 | $334,000,000,000 | −0.13% | Second reading of the day. Both components moved on the 08:00 UTC read, distributed value $36.81bn to $36.77bn and stablecoins $297.61bn to $297.23bn, so this is a fresh read, not a repeat. The represented asset value of $370.42bn is outside the method. |
| 29 July 2026 | $334,420,000,000 | +0.00% | Both components re-read at the same displayed values as the previous evening, so the total is unchanged at page precision. The read is fresh, not repeated: the source's own 30-day change figures moved between the two, which is movement inside the rounding. |
| 28 July 2026 | $334,420,000,000 | −0.12% | Second reading of the day. The source page carries no date stamp, so the reading is dated and timed by retrieval. It showed distributed value up 3.96% and stablecoins up 0.04% over the preceding 30 days. |
| 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. |