RWA perpetuals reach $2 billion in open interest

  • RWA perpetuals grew from zero to $2 billion in open interest.
  • Gold and equities represented 51% of Hyperliquid volume in July.
  • Perpetual markets handled 97% of gold and equity trading.

Perpetual contracts tied to real-world assets (RWAs) have grown from zero to $2 billion in open interest, the total value of outstanding positions. Gold and equities now lead the synthetic RWA market, with their perpetuals representing 51% of Hyperliquid volume in July. Perpetual markets also handled 97% of trading in gold and equities, highlighting their dominant role in these synthetic markets.

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