RWA trading on Hyperliquid exceeded 50% of weekly turnover for the first time

7/24/2026, 01:15 PMЕвгения Слив

In the period from July 13 to July 19, the trading volume of tokenized real-world assets on the Hyperliquid decentralized exchange exceeded the total turnover of all other categories for the first time. According to the Blockworks analytical platform, RWA instruments accounted for $ 25.1 billion, which is 52 percent of the total weekly trading volume of the site, which reached $ 48.2 billion. Previously, no single asset category occupied more than half of the turnover of this exchange. Lorenzo Valente, Director of Digital Asset Research at ARK Invest, described this dynamic as the beginning of a new era for the decentralized finance sector, noting that the RWA market on this platform surpassed the total trading volume of cryptocurrency perpetual contracts on all other decentralized exchanges.

The financial performance of the platform is also showing steady growth. During the specified one-week period, Hyperliquid's revenue amounted to $7.6 million, which allowed the project to take the third place among all cryptographic applications in this indicator. Only the issuers of stablecoins were ahead: Tether, with a score of $112 million, and Circle, with a score of $45 million. Circle co-founder and CEO Jeremy Allaire called the observed growth in real-world asset trading a major structural shift in the crypto industry. According to him, the market is gradually moving away from speculative operations with endogenous digital goods towards the integration of traditional financial instruments into the blockchain infrastructure.

Positive dynamics is observed not only within the framework of one platform, but also in the entire segment of asset tokenization. Over the past month, the total number of RWA instrument holders has increased by almost 35 percent, reaching 1.3 million users. The total value of distributed tokenized assets, excluding stablecoins, increased by 3.5 percent to $36.7 billion. Against the background of these processes, the decentralized Hyperliquid exchange continues to strengthen its market position: earlier, in June, the volume of open interest on the platform exceeded $ 10 billion, which allowed the protocol to take the third place among the largest perpetual futures trading platforms.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.

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