RWA Trading May Reshape DeFi Platform Economics; Trade.xyz Could Demand Higher Fee Share if It Accounts for 90% of Hyperliquid's Trading Volume

Odaily News According to Lorenzo Valente, Head of Digital Asset Research at investment firm ARK Invest, trading venues dedicated to Real World Assets (RWA) can scale with minimal reliance on Bitcoin and Ethereum liquidity, driving RWA liquidity to diverge by asset class.

On July 23, Valente stated that DeFi is entering a new phase. Data shows that RWA accounts for 54% of Hyperliquid's weekly trading volume, with individual stocks representing 61% of that RWA volume; decentralized exchanges recorded $79 billion in perpetual futures trading volume during the same period, with Hyperliquid accounting for $50 billion of that total.

Valente believes that if Trade.xyz accounts for 90% of Hyperliquid's trading volume, it could demand a higher share of user fees. Most popular applications will continue to rely on shared infrastructure, and only when the cost of operating independently exceeds the value of the liquidity, users, and security they rent will they consider building their own chain. (Bitcoin.com News)