Some voices are blaming RWA Perp (whether Cex or Dex) for drawing the purchasing power of altcoins into gold, US stocks, and oil, leading to the stagnation of altcoins. I think this is a misjudgment. People originally liked to play with volatile assets. Without these RWA Perp, everyone wouldn't keep speculating on altcoins and would instead directly withdraw funds to brokers to buy and sell gold, US stocks, and oil. When the market heats up, the probability of funds returning to altcoin speculation decreases. From this perspective, RWA Perp at least keeps the funds within the crypto space, and circulating them is also better for bringing them back.