Aptos TVL Surges 56% in Month, Becomes Third-Largest RWA Blockchain

Aptos has made significant strides in the Real World Asset (RWA) tokenisation space, achieving a 56% surge in Total Value Locked (TVL) over the past month. With $538 million now locked in tokenised real-world assets, Aptos has overtaken major players to become the third-largest RWA blockchain network, trailing only Ethereum and ZKsync Era. This rapid rise highlights Aptos’s robust technical foundation and its growing role in bridging traditional finance with blockchain innovation.

Behind this TVL boom is the explosive growth of tokenised private credit, which accounts for approximately $420 million—almost two-thirds of the total RWA value on the network. This makes Aptos a clear leader in crypto-based private credit protocols. Additionally, Aptos has tokenised $86.93 million in U.S. Treasury notes and another $30.72 million in alternative institutional funds. The diversification of asset types not only boosts TVL but also opens new avenues for investors seeking on-chain exposure to traditional instruments. This diversification is accelerating institutional interest in Aptos and enabling broader adoption of decentralised finance tools by traditional financial entities.

Aptos now stands firmly in third place in the RWA rankings, trailing only Ethereum and ZKsync Era. What makes Aptos even more remarkable is the pace of its growth—outpacing many competitors with legacy DeFi ecosystems. Experts believe this momentum is just the beginning. New tokenisation projects involving U.S. Treasuries and private debt are expected to further accelerate growth in the months ahead. As more real-world assets find their way onto Aptos, its reputation as a compliant, efficient, and scalable blockchain for institutional use cases continues to solidify.

The tokenisation of real-world assets has become a defining narrative in 2025’s crypto resurgence. With massive potential to unlock trillions in off-chain value, RWA integration is positioning Aptos not just as a Layer-1 network, but as a foundational infrastructure for the future of digital finance. The Aptos model—anchored by tangible assets and smart contract automation—may inspire the next wave of blockchain adoption among traditional asset managers, hedge funds, and even governments.