Stellar RWA Supply Surges Past $3 Billion Amid DeFi Lag
Stellar (XLM)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that tokenized real-world assets on Stellar surpassed $3 billion in July, significantly outpacing the network's DeFi markets. Oracle provider RedStone recorded Stellar’s RWA supply at approximately $785 million in January, rising to over $3 billion by July, while total value locked in DeFi stood at just $213 million. Lending protocol Blend held $127 million, with only slightly over $2 million allocated to pools accepting RWAs as collateral.
Onchain trackers from DefiLlama showed Stellar at $232.72 million in TVL, with Blend at $150.03 million, aligning closely with RedStone’s data. The growth was driven by four key products: Amundi and Spiko Overnight Swap Fund at $713 million, Spiko’s T-Bill fund at $536 million, Ondo’s USDY at more than $533 million, and VuMe Bond 2030 at $500 million. RedStone attributes the gap between issuance and usable collateral to pricing schedules that do not match the 3 a.m. liquidation cycles of lending markets.
To address this, RedStone argues that 24/7 price feeds are necessary to make these assets usable as collateral. Stellar now supports 55 SEP-40 price feeds covering Treasuries, corporate credit, tokenized gold, and money market funds. RedStone also highlighted the Depository Trust and Clearing Corporation’s plan to bring DTC-custodied assets to Stellar in 2027, noting the DTCC holds $114 trillion in assets under custody.
How the market reacted
Whalio's own Binance spot order flow for XLM, measured when this story was written up on 28 August 2026. Not the outlet's figures.
XLM is trading at $0.1873, showing a 24-hour buy ratio of 52.4%, which indicates a slight majority of buyers over sellers. However, the 4-hour buy ratio has dropped to 44.8%, suggesting that short-term buying pressure is fading compared to the longer-term trend. The 1-hour buy ratio stands at 51.7%, showing a return to balanced activity after the recent dip. Volume delta data reveals a positive +$9,923 in the last hour, contrasting with a negative -$355,784 over the past four hours. This shift indicates that immediate selling pressure has eased, allowing for net buying to resume in the short term. Over the full 24 hours, the volume delta remains positive at +$632,077, with cumulative buying pressure recorded at +$291,462 by the close.
The latest daily buy ratio of 52.4% sits at the 71st percentile of the last 281 days, against a median of 50.7% - stronger buying than most days.
Twenty-four hours later
What XLM did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XLM, averaged over the days leading up to the story.
Over the preceding week, XLM maintained a buy ratio average of 51.3%, with the latest day showing a +1.1 point increase over this baseline. Spot volume for the day was 0.41x the weekly average, indicating significantly lower trading activity than usual. Despite the lower volume, the price rose 3.1% over eight days, supported by a total volume delta of +$5,828,690. Net buying occurred on five of the seven days, suggesting a consistent but moderate accumulation trend. This day represents an ordinary period for the coin, characterized by steady buying pressure despite reduced volume compared to the weekly norm.