By The Numbers #6

889Digital
Jan 10
2 min read

December 29 – January 9January 9, 2026

Executive Summary

On-chain tokenized real estate market value declined to $340.32M over the Dec 29–Jan 9 period, marking the first recorded decrease since tracking began. While we did switch over to Fridays instead of Mondays for data gathering, it seems unlikely that's the reason the data turned out this way. Despite the broader market pullback, RealT continued to post incremental gains and remained the dominant protocol, accounting for 45.81% of total tracked assets. Market concentration remained elevated, with the top three protocols representing 87.27% of total market value. Activity across leading platforms was muted overall, though underlying trends among top protocols continued to diverge.

Dataset Limitations

This report reflects on-chain tokenized real estate data from Defi Llama only. Platforms operating primarily off-chain, in private markets, or without publicly verifiable on-chain data are excluded.

Top KPIs

Total Real Estate Market Value	$340.32M
Weekly Change	-0.05%
Top Protocol Market Valuation (RealT)	155.91
CR3 (Top 3 Concentration Ratio)	87.27%
Top 5 Market Share (Combined)	>95%

Leaderboard - Top 5 Protocols

RealT — $155.91M (+0.03%)
Lofty — $99.11M (-0.01%)
Tangible RWA — $42.01M (-0.50%)
Vesta Equity — $20.63M (+0.00%)
Estate Protocol — $12.37M (+0.00%)

Top 5 Protocols Weekly Change

Huge drop from Tangible!

Market Value

CR3 Market Concentration Chart

Weekly Insights

Total tracked market value declined for the first time since tracking began, signaling a potential inflection point.
RealT continued its upward trend despite the broader market decline, extending its lead among top protocols.
Lofty’s market value decreased for the fourth consecutive reporting period, indicating sustained downward pressure.
Tangible RWA recorded the largest percentage decline among the top five over the period (-0.50%). Expect this to continue as they unwind their services.
Market concentration remained high, with nearly 97% of total value concentrated in the top five protocols.