Crypto perpetual contract open interest shrinks by $14 billion, RWA perpetual contract open interest rises to $9 billion
According to Bloomberg, leverage trading capital in the cryptocurrency market is shifting from pure digital tokens to traditional financial assets such as stocks and commodities. The latest data from crypto trading technology provider Talos indicates that across five major trading platforms, the total open interest of perpetual futures contracts has fallen from approximately $81 billion to around $67 billion over the past year. Meanwhile, the total open interest of contracts linked to real-world assets (RWA) has surged from nearly zero to $9 billion, now accounting for 14% of the total positions on these platforms.
