๐๐๐๐ฌ ๐ฃ๐ฎ๐ฌ๐ญ ๐จ๐ฎ๐ญ๐ฏ๐จ๐ฅ๐ฎ๐ฆ๐๐ ๐๐ฏ๐๐ซ๐ฒ๐ญ๐ก๐ข๐ง๐ ๐๐ฅ๐ฌ๐ ๐จ๐ง ๐๐ฒ๐ฉ๐๐ซ๐ฅ๐ข๐ช๐ฎ๐ข๐.
Not BTC.
Not ETH.
RWAs.
Between July 13โ19, RWA markets did $25.1B in weekly volume.
Hyperliquidโs total was $48.2B.
So RWAs accounted for 52% of the entire weekโs trading volume.
That was the first time RWA trading alone was larger than all the other asset categories combined.
And this is where it gets interesting.
Tokenized stocks and commodities are moving from โassets sitting on-chainโ to actual trading markets.
That means the same things moving TradFi โ rates, yields, liquidity and FOMC decisions โ can increasingly matter to on-chain traders too.
The line between TradFi and DeFi is getting harder to draw.
$HYPE sits right in the middle of that Hyperliquid ecosystem, while Iโm also watching how these TradFi markets are moving on BingX.
The bigger question for me is simple:
Is this just a big RWA week, or are we watching a bigger shift in where traditional assets get traded?
#BTC #BTC Price Analysis# #TradFi #RWA $BTC $ETH
Not BTC.
Not ETH.
RWAs.
Between July 13โ19, RWA markets did $25.1B in weekly volume.
Hyperliquidโs total was $48.2B.
So RWAs accounted for 52% of the entire weekโs trading volume.
That was the first time RWA trading alone was larger than all the other asset categories combined.
And this is where it gets interesting.
Tokenized stocks and commodities are moving from โassets sitting on-chainโ to actual trading markets.
That means the same things moving TradFi โ rates, yields, liquidity and FOMC decisions โ can increasingly matter to on-chain traders too.
The line between TradFi and DeFi is getting harder to draw.
$HYPE sits right in the middle of that Hyperliquid ecosystem, while Iโm also watching how these TradFi markets are moving on BingX.
The bigger question for me is simple:
Is this just a big RWA week, or are we watching a bigger shift in where traditional assets get traded?
#BTC #BTC Price Analysis# #TradFi #RWA $BTC $ETH
