TL;DR:
- Tokenized inventory and ETF buying and selling through 1inch and Ondo topped $2.5B since Sept. 2025, making RWAs 1inch’s fastest-growing quantity class as markets stayed weak.
- BNB Chain generated about $2B throughout 1.3M transactions; peak customers neared 24,800 and typical swaps had been $1,400, led by Nvidia, Tesla, Google, Netflix and silver.
- Ethereum RWA TVL neared $15B, up ~200% yearly; tokenized Treasuries rose $1B+ since 2026 begin, whereas RWAs gained 13.5% as crypto shed $1T.
Tokenized real-world belongings are rising as a shiny spot in a softer crypto market, and change operators are treating that resilience as a strategic progress lane. Since September 2025, buying and selling in tokenized shares and ETFs routed by 1inch’s integration with Ondo has surpassed $2.5 billion, based mostly on Dune data. 1inch says RWAs are its fastest-growing quantity class. The takeaway is RWAs are bucking the broader droop and preserving onchain exercise investable. Whereas a minority of complete circulation, co-founder Sergei Kunz mentioned the route of journey is accelerating quick.
1inch and Ondo flows on BNB Chain
A lot of the exercise is clustering on BNB Chain, the place $2 billion of quantity has been generated throughout greater than 1.3 million transactions, with peak lively customers nearing 24,800 in a interval. Kunz attributed the tempo to a low-friction person expertise and BNB Chain’s retail distribution, saying it’s taking place sooner and extra retail-sized than on Ethereum. Typical swap dimension is $1,400, which he framed as intent-driven capital. Right here, retail tickets are compounding into institutional scale. Common tokens are Nvidia ($354 million), Tesla ($332 million), Google ($249 million), Netflix ($98 million) and silver ($225 million).
The RWA narrative is increasing past one venue. Ethereum’s RWA complete worth locked has climbed to almost $15 billion, up roughly 200% over the previous yr, making it one of many few constant progress tales within the cycle. Tokenized US Treasuries are a key driver: the report mentioned their market cap has risen by over $1 billion for the reason that begin of 2026, a few 50x improve since 2024, with merchandise like BlackRock’s BUIDL pulling mounted revenue onchain. RWAs are rising because the broader market slumps. Onchain RWA markets rose 13.5% as crypto shed $1 trillion.
Kunz framed the mannequin as distribution infrastructure quite than issuance. He mentioned 1inch stays non-custodial and doesn’t subject the RWAs, with eligibility and jurisdictional controls enforced on the issuer stage whereas 1inch focuses on routing, APIs and disclosures. That separation issues for compliance-minded companies scaling tokenized shares and ETFs throughout chains. Trying forward, he expects RWAs to take the “subsequent leap ahead” solely when liquidity depth, requirements and regulatory readability align. The strategic endgame is RWAs changing into on a regular basis DeFi monetary plumbing as a substitute of a facet guess. Till then, exchanges iterate on liquidity and UX.
