RWA Perpetuals Skyrocket to $3.16 Trillion in Just Three Months

RWA perpetuals have seen an explosive growth in volume over the past three months. From $822 billion in May, the market surged to a staggering $3.16 trillion by August. This rapid expansion is largely attributed to Binance, Hyperliquid, OKX, and Bitget, which collectively control 86% of the combined CEX and DEX flow.

Stocks have driven over 60% of this volume growth, with market participants eagerly awaiting any developments that may further boost RWA perpetuals. In fact, CZ's comments on on-chain stock IPOs have sparked speculation about potential future growth for the market.