🚨 Wall Street Closes. Crypto Traders Keep Trading!
RWA perpetual futures hit a RECORD $829 BILLION trading volume in October, up 29% from September, according to Pyth Network.
But here's the most interesting part:
Nearly 50% of trading volume across the top 25 US stock perpetuals happened while the NYSE was CLOSED.
Open interest also reached a record $14.6 BILLION.
Why does this matter?
Traditional stock markets have fixed trading hours, but crypto-based stock perps allow traders to react to earnings, company announcements and breaking news 24/7.
My take: RWA is slowly becoming more than just a tokenization narrative. It's building a market where access to traditional assets is no longer restricted by traditional market hours.
One important caveat: These figures cover venues using Pyth price feeds, not the entire RWA market. And perpetual futures carry significant leverage and liquidation risks.
Are 24/7 stock markets the next big evolution of crypto?
$PYTH
RWA perpetual futures hit a RECORD $829 BILLION trading volume in October, up 29% from September, according to Pyth Network.
But here's the most interesting part:
Nearly 50% of trading volume across the top 25 US stock perpetuals happened while the NYSE was CLOSED.
Open interest also reached a record $14.6 BILLION.
Why does this matter?
Traditional stock markets have fixed trading hours, but crypto-based stock perps allow traders to react to earnings, company announcements and breaking news 24/7.
My take: RWA is slowly becoming more than just a tokenization narrative. It's building a market where access to traditional assets is no longer restricted by traditional market hours.
One important caveat: These figures cover venues using Pyth price feeds, not the entire RWA market. And perpetual futures carry significant leverage and liquidation risks.
Are 24/7 stock markets the next big evolution of crypto?
$PYTH
