Electric Capital: 93% of real-world yield sources have not yet entered DeFi

ZkProver · 2026-03-28T04:46:46+00:00

Electric Capital's latest report analyzes 501 real-world revenue sources and finds that only 34 have on-chain volumes exceeding $50 million, mainly concentrated in U.S. Treasuries and similar assets; 93% are affected by legal structure barriers, with distribution channels being the biggest bottleneck, and top assets are highly concentrated.

ZkProver

2026-03-28 04:46:46

Abstract generation in progress

ChainCatcher news, Electric Capital’s latest research report reviewed 501 sources of real-world revenue and found that only 34 of them have on-chain scales exceeding $50 million, mainly concentrated in U.S. Treasury bonds, private credit, and corporate debt. The remaining 93% are blocked by seven major barriers, including legal structures, entity integration, and other issues.

The report points out that distribution channels are the biggest bottleneck; among 35 non-stablecoin RWAs with on-chain revenue, only two have more than 2,000 holders, and the top assets are highly concentrated. Taking BlackRock’s BUIDL as an example, the top ten holders control 98% of the supply.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes