The Aave Horizon RWA market has surpassed $425 million in total value, largely due to the Crypto Carry Fund (USCC) from SuperstateInc, which contributes over $180 million. Lending activity in the market has exceeded $110 million, with $64 million in RLUSD, $29 million in GHO, and $16 million in USDC. Borrowing rates are under 3% for RLUSD, while GHO and USDC rates are slightly above 4%, with additional incentives for USDC provided by Merkl.