The RWA market looks very different once you stop measuring it as one giant number.

@coingecko’s RWA dashboard gives a better way to read the sector by separating capital, activity and breadth.
Right now, tokenized assets sit around $8.47B in market cap, with roughly $1.53B in 24H volume.
But the real signal is underneath that headline:
• Market cap shows where capital is concentrated
• Volume shows where activity is happening
• Token count shows how quickly the market is expanding
Gold and commodities still account for a large share of the value.
Equities tell a different story.
They represent a smaller portion of total market cap, but their trading activity is much higher relative to their size.
That distinction matters.
You can have a market adding hundreds of new tokenized assets without seeing the same growth in capital.
For me, that’s what makes @coingecko’s RWA dashboard useful.
It lets you see where capital sits, where liquidity is moving, and where new products are actually being created instead of treating the entire RWA sector as a single number.
Explore the data: