Centrifuge reports asset-backed credit gains for second week
Summary
Asset-backed credit has attracted new investments onchain for the second consecutive week, reflecting a growing trend in the market. According to @Dune's After Issuance report, tokenized credit has more than doubled over the past year, with about two-thirds linked to traditional lending, including home-equity lines and middle-market loans. This surge aligns with the emergence of private credit as a crucial factor in the expansion of tokenized real-world assets and highlights the increasing use of tokenized credit as collateral in DeFi lending protocols.
Analysis
Dune: Dune Analytics is the industry standard platform for onchain data, allowing users to query, analyze, and visualize blockchain metrics across any dataset or use case. It recently published its Q3 2026 After Issuance report examining post-issuance activity and utilization of tokenized real-world assets. After Issuance: After Issuance is Dune's quarterly report series analyzing the onchain real-world asset market, with emphasis on how tokenized assets behave and are deployed after issuance. The latest edition focuses on credit products and their role in DeFi lending protocols. Adoption: Tokenized credit is seeing increased deployment as collateral within DeFi lending protocols compared to other asset classes. Market Trends: Private credit is emerging as a key driver of growth in tokenized real-world assets.
Categories
cryptodefiethereum
Related sources
- https://dune.com/rwa-report
- https://cryptobriefing.com/dune-report-tokenized-credit-rwa-collateral/
- https://x.com/i/status/2110795344317485229
- https://x.com/Dune/status/2109630201101525005
- https://x.com/i/status/2111140378854474231
- https://x.com/centrifuge/status/2105601158593364248
- https://x.com/Dune/status/2110795344317485229