According to CryptoRank, in Q3 2026 the RWA trading volume across all perpetual contract DEXs reached $365 billion, up 32% quarter-over-quarter. Although monthly trading volumes in August and September saw a decline, the overall quarter still remained at a high level. Among them, trading volume for publicly listed stock-related perpetual contracts was about $175 billion, accounting for nearly 48% of total Q3 RWA Perp DEX trading volume, making it the largest trading category.