🏛️ RWA perps are basically a cope trade when $BTC dumps
Data shows RWA share of on-chain perp volume spikes when crypto bleeds and drops when momentum returns.
Translation: Traders rotate into RWA when the casino closes. It's the "safe haven" play for degens who can't sit still.
Not bullish for RWA adoption long-term if it only pumps during bear conditions. Means it's not attracting real capital—just rotating degen liquidity.
Data shows RWA share of on-chain perp volume spikes when crypto bleeds and drops when momentum returns.
Translation: Traders rotate into RWA when the casino closes. It's the "safe haven" play for degens who can't sit still.
Not bullish for RWA adoption long-term if it only pumps during bear conditions. Means it's not attracting real capital—just rotating degen liquidity.
