Binance and Hyperliquid Dominate RWA Perpetuals Market with 70% Share

Pyth Network has shed light on the dominance of Binance and Hyperliquid in the RWA perpetuals market. The two platforms have collectively secured a striking 70% of the total trading volume, indicating a significant shift towards real-world assets in the trading landscape.

The data also shows that OKX has made significant strides, doubling its volume to reach $100.7B and marking the largest share gain among major exchanges.

Pyth Network serves as a crucial data provider for traders navigating the complexities of the evolving crypto markets, offering real-time data access that influences trading strategies across the cryptocurrency landscape.