Dune reports that the supply of tokenized real-world assets exceeded $34 billion in 2026 as investors adopted trading and lending practices that differ from traditional markets. Dune estimates that individual stocks account for 81% of tokenized equities held in spot markets. Dune also found that private credit accounts for about three-quarters of real-world assets deposited in decentralized lending. Dune CEO Frederik Haga said blockchain trading venues have a different architecture that creates different trading behavior.
