Individual RWA markets on Morpho hold literally just a handful of positions
Dashboard figures: $2165763223 in deposits, $901305733 in loans, up 13.5% and 14.1% over the week. Nice
Now for the breakdown:
- One position accounts for 81% of the syrupUSDC collateral
- Ten positions account for 97% of the PST collateral
- Two Steakhouse vaults provided 98.9% of the liquidity in the largest tokenized stocks market
So “billions in RWA” still means a few big players for now; there’s no crowd. If one of them leaves, that market will feel it immediately
Anyway, the sector is alive. Will small depositors join in—or will RWA remain a club for a few? I’m betting on the latter, at least this year
#Morpho #defi
Dashboard figures: $2165763223 in deposits, $901305733 in loans, up 13.5% and 14.1% over the week. Nice
Now for the breakdown:
- One position accounts for 81% of the syrupUSDC collateral
- Ten positions account for 97% of the PST collateral
- Two Steakhouse vaults provided 98.9% of the liquidity in the largest tokenized stocks market
So “billions in RWA” still means a few big players for now; there’s no crowd. If one of them leaves, that market will feel it immediately
Anyway, the sector is alive. Will small depositors join in—or will RWA remain a club for a few? I’m betting on the latter, at least this year
#Morpho #defi
