The decentralized finance (DeFi) landscape has gone through a stormy start this year, with broader market drawdowns in terms of Total Value Locked (TVL). However, irrespective of the wider slowdown in the market, the real-world asset (RWA) initiatives and on-chain gold have proved to be the winners over the recent thirty days. As per the data from Sentora, the on-chain gold projects, including Paxos Gold and Tether Gold, have shown massive growth and resilience. In the meantime, the BUIDL fund of BlackRock, as well as Ondo Finance, has expressed steady gains, signifying the surging demand for the asset-backed blockchain initiatives.
While the market-wide drawdown in TVL has stabilized, only RWA-focused projects have delivered net positive growth over the past 30 days. Onchain gold has grown notably, led by Tether Gold and Paxos Gold.
— Sentora (@SentoraHQ) February 17, 2026
BlackRock’s BUIDL and Ondo Finance have also shown strong growth. pic.twitter.com/c0fa6xyMlo
blockchainreporter.net