Markets· ★★★· bullish·

RWA perpetual futures volume hit $117.3B in August, 86% on onchain venues

  • —August RWA perpetual volume was $117.3 billion, 44x higher than a year earlier
  • —Onchain venues handled $101 billion versus $16 billion on centralized exchanges
  • —Open interest climbed to $4.8 billion from $161 million in July 2025
  • —Equities rose to 48% of volume as commodities fell from 84% to 28%
Why it matters: Onchain venues now dominate RWA derivatives trading, intensifying competition with centralized exchanges and reshaping market structure.
Source: TokenPost