The real-world asset (RWA) perpetual-contract market across centralized and decentralized platforms grew from $822 billion in May to $3.16 trillion three months later, about 3.84 times the earlier level. Binance accounted for $1.5919 trillion, or 50.4% of the overall market, while Binance, Hyperliquid, OKX and Bitget together represented 86% of activity. Stock-linked contracts generated more than 60% of volume, and Binance’s roughly 179 instruments focused mainly on gold, silver and high-market-cap stocks. CoinMarketCap data cited by Ember indicated that monthly volume was reaching new highs and that RWA perpetuals were becoming a growth area for leading platforms.