Today in tokenized RWA markets
RWA Markets (rwa-markets.xyz) is the live venue trading analytics dashboard from Refraction Research for tokenized RWA perpetuals: volume, open interest, velocity, and asset-level demand across listed venues. It is not rwa.xyz (ecosystem and TVL coverage), and it is not Hyperliquid product branding that uses the same words.
RWA Markets (https://rwa-markets.xyz/) shows tokenized real-world assets traded $48.3B in the last 24 hours across 25 venues, covering 700 assets and 2909 markets. Tokenized RWAs are 18.9% of all tracked perpetual open interest ($13.8B). Figures are dashboard-tracked venues only; see methodology for coverage limits.
- Today: Live pulse from RWA Markets: 24h volume, open interest, listings, and market pulse across every tracked venue. By Refraction Research.
- Volume Dominance: See each exchange's share of tokenized RWA perp volume: DEX vs CEX split, venue race, and dominance over time.
- OI Dominance: Tokenized RWA open-interest share per venue plus global macro. Compare venue OI dominance on RWA Markets.
- Top Traded Assets: Cross-venue leaderboard of tokenized stocks, commodities, and indices by volume and open interest, with oracle consensus and venue splits.
- Institutional Velocity: Trades-per-minute, average trade size, spread, and slippage for tokenized assets: liquidity fingerprints that flag institutional-scale prints across tracked venues on RWA Markets.
- Asset Analyzer: One-screen deep dive per tokenized RWA: venue volumes, liquidity matrix, depth, open-interest split, and funding across tracked DEX and CEX markets on RWA Markets.
- Trader Intelligence: Onchain trader analytics for tokenized RWAs: wallet tiers, directional flows, recurring cohorts, cross-venue capital rotation, and DeFi capital, built for desk monitoring on RWA Markets.
- DeFi Markets: Tokenized-asset DeFi on RWA Markets: TVL across chains, fund issuance, and tokenized equities, plus lending yields and a cash-and-carry screen for desk analysts.
- Spot Markets: Spot markets for tokenized stocks and ETFs: issuer and custody breakdown, holder size tiers and hold time, weekly net onchain issuance, and DEX liquidity per ticker.
