According to Wu Blockchain, citing data from CryptoRank via DeFiLlama, as of September 18, the on-chain Real World Assets (RWA) under management amounted to approximately $34 billion. Of this, only about 11.3% is deployed in DeFi, corresponding to a total value locked (TVL) of around $3.84 billion, while the remaining 89% has yet to enter DeFi. The deployed funds are highly concentrated, with private credit accounting for $2.22 billion in TVL, making up 58%. Bonds, commodities, and stocks account for approximately $817 million, $314 million, and $287 million, respectively. These four asset categories collectively represent nearly 95% of the RWA DeFi TVL. https://www.(wublock123.com)/news/onchain-rwa-89-percent-not-in-defi-30-2b-assets-68626