RWAs Generate $25.1B Trading Volume, Exceed All Other Assets on Hyperliquid for First Time

According to Blockworks data, tokenized real-world assets (RWAs) on perpetual DEX Hyperliquid generated $25.1 billion in trading volume from July 13 to July 19, accounting for 52% of the platform's total weekly volume of $48.2 billion and exceeding all other asset categories combined for the first time.

Over the past month, RWA holders on Hyperliquid grew by 32% to 1.25 million users, while total tokenized RWA value rose by 3.5% to $36.7 billion, according to data aggregator RWA.xyz.