RWA

Maple Finance has evolved into the leading on-chain institutional credit marketplace with $5B AUM and $25M+ ARR as of 2025, having successfully pivoted from its 2022 crisis (Orthogonal $36M default, 97% TVL collapse) to an overcollateralized secured lending model with zero lender losses since August 2023.

Prominent VCs, institutions, and KOLs on X are bullish on 2026 as crypto "institutional era," with themes like RWAs, AI integration, stablecoins, privacy, and DeFi driving a potential $10T+ supercycle. Focus on utility, revenue, and regulations.

The stablecoin sector represents a $310 billion blockchain-native monetary system with 59% YoY growth, dominated by fiat-backed custodial models (95% market share) that function as regulated narrow banks earning $5-6 billion annually from Treasury reserves.

Block Street aims to build a unified liquidity layer for tokenized equities and RWAs, aggregating fragmented liquidity via Aqua (RFQ routing for institutional execution) and enabling leverage/lending through Everst. Backed by $11.5M from Hack VC, DWF Labs, and others (Oct 2025), it targets the $370M tokenized equity market fragmentation tax (0.6-0.9% tracking error).

1inch is still strategically relevant DeFi routing infrastructure, but the June 28 2026 evidence points to a watchlist thesis rather than high-conviction token exposure because aggregator volume, Fusion intent routing, cross-chain tooling, and enterprise APIs do not automatically create durable 1INCH demand unless staking, resolver economics, DAO fee capture, or treasury policy become materially measurable.

AlphBanX is treated as a stablecoin / credit infrastructure watchlist candidate sourced from CoinGecko/CMC discovery and refreshed with Surf, with emphasis on product durability, token value capture, liquidity, supply, and execution risk.

Anemoy Tokenized Apollo Diversified Credit Fund is treated as a DeFi infrastructure watchlist candidate sourced from CoinGecko/CMC discovery and refreshed with Surf, with emphasis on product durability, token value capture, liquidity, supply, and execution risk.

Anzen V2 is treated as a RWA infrastructure watchlist candidate sourced from CoinGecko/CMC discovery and refreshed with Surf, with emphasis on product durability, token value capture, liquidity, supply, and execution risk.