Real-world asset (RWA) protocols just passed decentralized exchanges (DEXs) to become the fifth-largest category in DeFi by total value locked (TVL), with around $17–30 billion now parked in tokenized Treasuries, private credit, and commodities. That means more money now sits in tokenized “real world” products than in many of the apps people use to swap tokens. For everyday investors, this signals a shift in DeFi from pure speculation to yield and stability during a shaky macro backdrop and higher-for-lo ...