The tokenized US Treasury market has grown to about $16.19 billion, but only 0.7% of these assets are actively used in decentralized finance (DeFi) lending and borrowing. Within this small portion, Aave V3 dominates with a 64.1% market share. Despite large on-paper values, regulatory concerns, liquidity fragmentation, and competitive yields from holding tokenized Treasuries limit their deployment in DeFi. Aave’s Horizon platform, launched in 2025, supports compliant real-world asset lending and has attracted up to $510 million in deposits, highlighting potential growth if regulatory and yield challenges are addressed.
Pendle Finance has increased the incentives cap for its PT Looping program to $15 million, allowing more capital to engage in its advanced yield strategies. This program involves leveraging Principal Tokens (PTs) on lending platforms like Aave and Mo...
Uniswap is deploying its complete v4 trading infrastructure on Arc, Circle's Layer-1 blockchain designed specifically for stablecoins. This includes automated market making, liquidity pools, swap routing, and developer tools, providing Arc with a rea...
Aave V3 now holds more than half of all tokenized gold deposits used as collateral in decentralized finance (DeFi), primarily through gold-backed tokens like PAXG and XAUT. This dominance highlights a shift toward using stable, commodity-backed asset...
