Tokenized Private Credit Leads Crypto Sectors With 4.70% Weekly Gain

Tokenized Private Credit rose 4.70% in the Friday, Nov. 13 crypto-sector snapshot, reaching a $27.86 billion market capitalization, while Yield Farming posted the steepest loss among tracked sectors, falling 4.69% to $8.95 billion.

The snapshot, taken at 10:02 p.m. ET on Nov. 13 (03:02 UTC on Nov. 14), covered ten sectors with market capitalizations of at least $2 billion. Five gained and five declined. Sector labels can overlap, so their market-cap figures should not be summed.

Which sectors gained?

Tokenized Private Credit led for the second consecutive snapshot. It had also topped the gainers in the Nov. 7 reading, extending its run as the strongest-performing tracked category. Trading volume in the sector reached $249.8 million at the time of measurement.

Tokenized Assets rose 2.34% to a $49.51 billion market capitalization on $2.04 billion in volume. Artificial Intelligence (AI) gained 1.60% to $18.65 billion, with $2.30 billion traded.

Real World Assets (RWA) added 1.18%, standing at $71.47 billion in market capitalization with $3.14 billion in volume. Tokenized Treasuries rounded out the gainers, up 0.65% to $7.96 billion — though its trading volume was the thinnest of the group at just $5.8 million, suggesting the category's growth reflects slow accumulation rather than active rotation.

What dragged the losers down?

Yield Farming's 4.69% drop came on the sector's heaviest relative turnover of the day: $913.9 million in volume against an $8.95 billion market cap. That volume-to-cap ratio implies materially more churn than in Tokenized Private Credit, where $249.8 million traded against $27.86 billion.

Layer 0 (L0) fell 4.34% to $3.54 billion, on $181.5 million in volume. Index Coop DeFi Index dropped 3.64% to $5.75 billion, with $1.38 billion traded.

Governance declined 3.60% to $36.91 billion in market capitalization, with $3.20 billion in volume. Proof of Stake (PoS) — the largest sector tracked by market cap — slipped 3.59% to $436.99 billion, though it carried the day's highest turnover at $23.33 billion.

What does the split tell us?

The clean division — five gainers, five decliners, with every tokenization-adjacent category on the plus side — points to a rotation into sectors tied to traditional financial instruments. Tokenized Private Credit, Tokenized Assets, RWA and Tokenized Treasuries all advanced, while infrastructure and speculation-heavy categories such as Yield Farming, L0 and Governance all retreated.

The contrast is sharpest at the extremes. The week's best performer, Tokenized Private Credit, and its worst, Yield Farming, moved almost symmetrically: +4.70% against -4.69%. Tokenized Treasuries' $5.8 million volume remains the structural outlier in the group, two orders of magnitude below every other sector tracked.

The next scheduled sector snapshot will show whether Tokenized Private Credit can hold its lead for a third consecutive reading, or whether the rotation into real-world-asset categories has already run its course.