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44% of Solana RWA market cap used as DeFi collateral

May 08, 2026, 8:16 PM
43.7% of the market capitalization of active Real-World Assets (RWAs) on Solana is being utilized as collateral in DeFi lending markets, compared to just 6.1% on Ethereum. According to DeFi analytics platform Sentora, formerly IntoTheBlock, this suggests that while Ethereum's RWAs remain relatively idle, Solana's are actively used as collateral in credit markets. Sentora noted that this indicates the two networks are not building their ecosystems in the same direction.

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