Token Terminal

RWA DeFi deposits climbed from $2.33 billion in Q2 2025 to $7.44 billion in Q2 2026, marking roughly 200% year-over-year growth even as overall DeFi total value locked declined by about 15% over the same period. The split shows tokenized real-world assets gaining share inside DeFi while the wider market remains under pressure. Treasury products, tokenized funds, commodities, tokenized stocks and credit-linked assets are increasingly being used as collateral, settlement assets and yield-bearing positions rather than sitting only as passive…

Avalanche monthly active addresses have more than tripled since December, rising from about 467,000 to 1.6 million active addresses as network activity continues to recover across the ecosystem. The move gives AVAX another usage signal after months of stronger C-Chain activity, higher transaction counts and broader market access. Monthly active addresses do not perfectly measure individual users because one person can control multiple wallets, and some activity can come from bots or automated strategies. Even so, a move from 467,000…