2 underrated metrics from @DefiLlama that matter for RWA adoption:
1) DeFi active tvl: Shows what % of tokenized assets are being used vs. just custodied. Currently: Only $1.15B of $13.9B RWA market cap is deployed in protocols (that's 8%!). 92% of "onchain" institutional assets are sitting idle... we haven't solved for productive capital deployment yet.
2) Active mkt cap: strips out treasury/team addresses to show what's actually circulating. Ex: TBLLx shows $529M total vs $100K active... this implies either permissionless wrappers aren't gaining traction, or reserved capacity hasn't converted to real deployment.
The spread b/t these metrics reveals the real work: it's not issuance (we have $20B tokenized), it's utility. Until RWAs can be collateralized, looped, & composed in DeFi easily/without breaking compliance, they're just expensive databases.
We don't need the 47th T-bill token... we need infra that makes the first 46 productive.

TBLL tokenized ETF (xStock) (TBLLX)
$ 106.24 (TBLLX/USD)
0.00%
24H
TBLL tokenized ETF (xStock) Datos de precios en tiempo real
El precio de hoy de TBLL tokenized ETF (xStock) es de $ 106.24 (TBLLX/USD). Con una capitalización de mercado de $ 26.27M USD. Volumen de trading en 24 horas de $ 112.08 USD, Un cambio de precio en 24 horas de +0.00%. Y un suministro circulante de 247.25K TBLLX.
TBLL tokenized ETF (xStock) TBLLX Historial de precios USD
Siga el precio de TBLL tokenized ETF (xStock) para hoy, 7 días, 30 días y 90 días
Periodo
Cambiar
Cambio (%)
Hoy
$ 0
0.00%
7días
$ 0.45
0.43%
30días
$ 0.45
0.43%
90días
$ 0.45
0.43%
Sea propietario de TBLLX ahora
Compra y vende TBLLX fácil y seguro en BitMart.
TBLL tokenized ETF (xStock) Información de mercado
$ 106.24 Autonomía de 24 horas $ 106.25
Máximo histórico
$ 106.25
El mínimo histórico
$ 104.92
Cambio en 24 h
0.00%
Volumen en 24 h
$ 112.08
Suministros en circulación
247.25K
TBLLX
Market Cap
$ 26.27M
Suministro máximo
--
Capitalización de mercado totalmente diluida
$ 26.27M
Trade TBLLX
Ganar
Pon a trabajar tus criptomonedas inactivas y obtén ingresos pasivos a través de ahorros, staking y más.TBLL tokenized ETF (xStock) X Insight
Only 8% of RWA are active; need to improve on-chain utilization and real circulating market cap.
Which RWAs are actually being used in DeFi? Which are true permissionless assets and which are ledger entries?
Introducing the new DefiLlama RWA dashboard.
450+ RWAs tracked & classified by:
* Transferability
* Redeemability
* KYC requirements
* Self custody options
* Asset class
Plus two new metrics: DeFi Active TVL & Active Marketcap.
DeFi Active TVL represents the proportion of an asset that’s actually being used in DeFi and not sitting idle, to clearly gauge whether they’re productive.
Active Marketcap is the portion of a coin's marketcap that excludes internal addresses such as treasuries and team addresses, to show what’s in users’ hands onchain rather than closed loops or internal bookkeeping.
2026-02-13 17:27
Tendencia de TBLLX tras el lanzamiento
Bajista
Only 8% of RWA are active; need to improve on-chain utilization and real circulating market cap.
Sobre TBLL tokenized ETF (xStock)
TBLL tokenized ETF (xStock) (TBLLX) is a cryptocurrency and operates on the Solana platform. TBLL tokenized ETF (xStock) has a current supply of 247,250. The last known price of TBLL tokenized ETF (xStock) is 106.17 USD and is down -0.01 over the last 24 hours. It is currently trading on 1 active market(s) with $65.98 traded over the last 24 hours. More information can be found at https://xstocks.com.
Leer más
Enlaces oficiales
Explorador de blockchain