Wu Says he learned that, according to CryptoRank data, publicly traded stocks are the largest category in the RWA perpetual contract market, with open interest of about $2 billion, accounting for 46% of the total; 24-hour trading volume is about $2.2 billion. Stock index open interest is about $1 billion, representing 23%. Products related to these two stock categories together account for nearly 70% of the market’s open interest, indicating that traders currently mainly obtain leveraged exposure to stock-like assets through RWA perpetual contracts.

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