- Tokenized real-world asset perpetual trading reached $470 billion in monthly volume.
- Tokenized equities continue to outperform tokenized commodities.
- Binance, Hyperliquid, and OKX account for more than 80% of the market.
Trading activity for tokenized real-world asset (RWA) perpetual futures has surged throughout 2026, with monthly trading volume rising from $85 billion in January to approximately $470 billion in June. The rapid growth highlights increasing demand for around-the-clock access to traditional financial assets through crypto markets.
Tokenized equities have been the biggest driver of growth, significantly outperforming tokenized commodities. Popular products include tokenized exposure to pre-IPO companies like SpaceX, along with semiconductor stocks such as Micron, Intel, SK Hynix, and Sandisk. SpaceX alone generated more than $66 billion in trading volume during June.
The market remains highly concentrated, with Binance, Hyperliquid, and OKX accounting for more than 80% of all tokenized RWA perpetual trading volume. Among decentralized platforms, Hyperliquid continues to dominate as interest in tokenized traditional assets continues to grow.
