Update
RWA Spot DEX Volume Declines Despite Record Perps Activity
Despite record trading volume in on-chain RWA perps, RWA spot DEX volume fell 38.9% in October, from $24.6B to $15B. Tokenized stocks generated $10.9B in October, accounting for approximately 72% of total RWA spot DEX volume. Trading remained concentrated in major assets, with NVDA, SPCX, BNC, and AAPL representing nearly half of tokenized stock volume.