RWA active TVL rose 14.5% to a record $4.35 billion in October, despite a 7% decline in total DeFi TVL. Maple led with $1.42 billion, nearly 33% of the sector total, while the top three protocols accounted for 54%.
Why it matters
The split shows RWA utilization expanding while broader DeFi TVL moved lower. That makes the record a sign of relative resilience within the sector, rather than a rise in DeFi overall.
Market impact
Maple held the largest share, followed by Hastra and Centrifuge. The figures put concentration among leading protocols in focus as RWA activity grows.
Source: [source](https://webappcsdfedsssd.controller.bot/media/files/8336652911/AgACAgIAAxkBAAJZCmrjaBeoiSwZ-lg904TUsPm13GiCAAKuHmsbGikgS4QqoETTCF-sAQADAgADeQADPQQ?sig=47jCh5lSkd_wj9C-EDJsrEpDMzQce3LYB9TFxSk2YwQ)
Frequently asked questions
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How much did RWA active TVL grow in October?
RWA active TVL rose 14.5% to a record $4.35 billion in October.
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How did broader DeFi TVL change over the same period?
Total DeFi TVL declined 7% in October, contrasting with the increase in RWA active TVL.
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Which protocol led RWA active TVL?
Maple led with $1.42 billion, nearly 33% of the sector's active TVL.
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What share of RWA active TVL did the top three protocols hold?
Maple, Hastra, and Centrifuge together represented 54% of total RWA DeFi active TVL.
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What does the divergence between RWA and total DeFi TVL show?
RWA active TVL expanded while overall DeFi TVL contracted, indicating relative strength in RWA utilization during October.