Tokenized Gold Passes DeFi Test; Under 2% as Collateral — SkimNews
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- Tokenized gold liquidations peaked in late March across Morpho and Aave, per RedStone data, as the asset absorbed a sharp drop in underlying gold futures.
- RedStone found tokenized gold proven resilient as DeFi collateral, but adoption remains limited — less than 2% of the market is deployed in lending protocols.
- Gold futures have declined more than 26% since January, pressured by expectations of higher US interest rates that reduced demand for non-yielding assets.
- The tokenized commodities market crossed $6 billion amid gold's historic rally, per related reporting.
- The broader tokenized RWA sector topped $43 billion in value, per Token Terminal's June report, spanning private credit, Treasurys, and equities.
- The "crypto TradFi" market reached $6.6 billion as of June, per a CoinGecko report, as centralized exchanges ramp up tokenized asset offerings.
Why it matters: Even with tokenized gold's DeFi mechanics validated under a 26%+ futures selloff, the fact that under 2% of the tokenized commodities market is used as lending collateral highlights a stark infrastructure gap: protocols have proven the asset's liquidation plumbing works, but the pool of capital actually deploying it remains a rounding error.
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