Have you stopped to consider what this vertical looks like at 10x its current Distributed Asset value?
➛Where will the largest venues emerge?
➛How far will developers push RWAs' newfound programmability?
➛How sophisticated will the resulting products and use cases become?
➛How much collateral velocity will exist, and how liquid will these assets eventually become?
I like to think of RWAs the same way I think about Ethereum in its early days.
Everyone owned
$ETH, but for most people it was simply an asset to hold. It sat idle in wallets until builders discovered increasingly productive ways to use it.
It started with simple transfers and payments, then came the ICO boom. After that came staking, yield farming, liquid staking, restaking, leverage loops, onchain funds, NFTs, memecoinsnd eventually an entire economy of apps, primitives, and other speculative experiments.
Because you needed
$ETH to participate, PA kept pushing higher and higher to the point where most people were playing with house money and there was true prosperity and abundance on the L1.
I believe RWAs are headed down a similar path.
As the asset base grows, the pie gets bigger, new capital gets onboarded,.
Higher liquidity attracts more builders, who create better products that unlock even more demand. Trading volume increases, protocol fees expand, and the ecosystem compounds into something much larger than tokenized assets alone.
We’ll get our own version of product expansion across collateral markets, lending layers, yield marketplaces, vaults, points/incentive metas, and eventually consumer-facing applications we can barely name today.
We’re already seeing super interesting experiments pop up re:
@longdotxyz
I don’t think it will be the last
RWA supercycle