For the first time in Hyperliquid’s history, real-world assets overtook crypto in weekly trading volume, a milestone that ARK Invest’s director of digital assets research Lorenzo Valente desc
For the first time in Hyperliquid’s history, real-world assets overtook crypto in weekly trading volume, a milestone that ARK Invest’s director of digital assets research Lorenzo Valente described on X as the dawn of ‘a new era for DeFi.’
Tokenized versions of traditional financial instruments, including company shares, crude oil, and the S&P 500, converted into blockchain-based perpetual contracts, generated $25.1 billion in volume during the week of July 13 to 19, according to Blockworks data. That figure represents 52% of Hyperliquid’s $48.2 billion in total weekly volume. Valente’s own running tally placed the RWA figure at $26 billion and 54%.
