RWA trading could reshape DeFi platform economics, Trade.xyz may demand higher fee share if it accounts for 90% of Hyperliquid's trading volume

Odaily News - Lorenzo Valente, Head of Digital Asset Research at investment firm ARK Invest, stated that trading venues specializing in Real World Assets (RWA) could scale with minimal reliance on Bitcoin and Ethereum liquidity, driving RWA liquidity to fragment 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 accounting for 61% of RWA trading volume; decentralized exchanges recorded $79 billion in perpetual contract trading volume during the same period, with Hyperliquid accounting for $50 billion.

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