DeFi is still recovering from its 2025 peak but not every part of the market is moving in the same direction.
While much of the sector remains in a drawdown, Morpho is showing a different picture.
Its TVL is near an all-time high of around $10.4B.
And look at what’s happening inside it:
→ RWA deposits grew from $1.07B to $1.58B since July (+49%).
→ Active RWA loans increased from $411M to $641M.
→ Around 58% of those deposits are in private credit.
The wider DeFi market is struggling but tokenized credit is still attracting capital.
This growth also creates a need for better price data.
Private credit isn’t traded like BTC or ETH. Protocols need reliable information about the underlying assets not just the latest market price.
That’s where @DIAdata_org fits in.
DIA provides custom, first-party oracle feeds that protocols can verify from the original data source all the way to the blockchain.
To be fair, DIA’s TVS is still relatively small at around $78M on DefiLlama but its data coverage reaches across a much wider range of assets and markets.
The opportunity is bigger than today’s TVS. As tokenized credit grows, reliable data becomes more important and that’s a market DIA is positioned to serve. $DIA
While much of the sector remains in a drawdown, Morpho is showing a different picture.
Its TVL is near an all-time high of around $10.4B.
And look at what’s happening inside it:
→ RWA deposits grew from $1.07B to $1.58B since July (+49%).
→ Active RWA loans increased from $411M to $641M.
→ Around 58% of those deposits are in private credit.
The wider DeFi market is struggling but tokenized credit is still attracting capital.
This growth also creates a need for better price data.
Private credit isn’t traded like BTC or ETH. Protocols need reliable information about the underlying assets not just the latest market price.
That’s where @DIAdata_org fits in.
DIA provides custom, first-party oracle feeds that protocols can verify from the original data source all the way to the blockchain.
To be fair, DIA’s TVS is still relatively small at around $78M on DefiLlama but its data coverage reaches across a much wider range of assets and markets.
The opportunity is bigger than today’s TVS. As tokenized credit grows, reliable data becomes more important and that’s a market DIA is positioned to serve. $DIA
