According to Odaily Planet Daily, on-chain analyst Ali stated in an article published on the X platform that the Aave Horizon RWA market size has exceeded $425 million. Recent growth has primarily come from Superstate Inc.'s Crypto Carry Fund (USCC), whose market size has expanded to over $180 million.

Lending activity in this market has exceeded $110 million, with $64 million borrowed in RLUSD, $29 million in GHO, and $16 million in USDC. To attract capital, RLUSD has kept its borrowing rate below 3%, while GHO and USDC rates are slightly above 4%, with USDC rates also boosted by additional incentives on Merkl.