Only 10% of tokenized RWAs are actively used as DeFi collateral - new report breaks down why the other 90% is idle

A new report from BitMart, Dune, RedStone, and Optimism reveals that the tokenized RWA market grew nearly 5x to $24.6B by April 2026, but only 10% is actively used as DeFi collateral while 90% remains idle in wallets. The underutilization stems from infrastructure gaps rather than regulatory issues, with private credit achieving higher DeFi adoption (80%) than treasuries (2%) due to superior yield economics.