The RWA Foundation says it’s now monitoring 10,322 real-world assets that stay onchain. That determine anchors its newest month-to-month report on the tokenization market.
The Foundation publishes its Market Construction Studies in collaboration with analytics agency Token Terminal.
What the report covers
Actual-world assets, or RWAs, are conventional monetary devices represented as tokens on a blockchain.
The Foundation’s month-to-month reviews cut up that universe into a number of buckets. These embrace stablecoins, tokenized funds, personal credit score, commodities, equities, and ETFs.
As of September 2026, the Foundation’s tracked universe stood at greater than 10,946 tokenized assets, a determine in the identical vary because the 10,322 cited within the report announcement.
Stablecoins nonetheless do the heavy lifting
Stablecoins stay the biggest class by a large margin. As of September 30, 2026, the stablecoin market cap stood at roughly $301.4 billion throughout 193 assets.
Amongst particular person tokens, USDe stood out for vital development.
Avalanche leads the chain race
Avalanche led over a latest 30-day window, including $173 million in RWA market cap.
Arbitrum and Stellar adopted behind.
Perpetual futures enter the image
The Foundation has additionally widened its lens by means of partnerships with analytics platforms corresponding to DefiLlama, including protection of onchain perpetual futures linked to RWAs.
Perpetual futures, or perps, are derivatives with no expiry date. Merchants use them to guess on value strikes with leverage, and they are often pegged to shares, commodities, or different offchain costs.
RWA-linked perps posted 30-day buying and selling quantity of about $117 billion as of early September 2026.
