According to CoinMeta, as reported by Cryptopolitan, data from Defillama shows that as of August 18th, the active deposit scale in the DeFi protocol reached $3.98 billion, which is approximately six times higher than the $651 million from a year ago and only $12 million three years ago. The total tokenized issuance of RWA currently amounts to $34.55 billion, with an actual utilization rate of about 11.5% on the chain. Among these, private credit accounts for $2.13 billion, bonds account for $799 million, and reinsurance accounts for $406 million. The utilization rate of tokenized government bonds is relatively low; BlackRock's BUIDL has an issuance volume of $2.74 billion, with only $18 million deployed on the chain, resulting in a utilization rate of 0.66%, while Franklin Templeton's Benji has a utilization rate of zero.