🔥 Perpetual DEXs now offer more than 1,000 RWA markets, with public equities making up roughly 75%, according to CryptoRank. That is a major shift in what traders can actually speculate on through decentralized derivatives. Crypto native assets are no longer the only game in town, stocks and other traditional assets are becoming a growing part of onchain perpetual markets. The growth has been rapid. CryptoRank’s latest research shows RWA perpetuals reached about 43% of onchain perpetual volume in July, while weekly RWA perp volume climbed to roughly $44 billion in early August. Public equities are clearly driving much of that expansion. Traders are effectively getting 24/7 access to markets built around assets that normally operate within traditional exchange hours. But there’s an important distinction: an RWA perpetual isn’t the same thing as owning the underlying stock. It generally provides price exposure through a derivative, meaning traders need to consider leverage, funding, liquidity and the structure of the contract. Still, the direction is hard to ignore. DeFi isn’t just bringing crypto assets onchain anymore. It’s starting to recreate parts of traditional financial markets onchain. #BTC Price Analysis# $BTC $ETH