a16z: Blockchain Creates 'Net New Markets'; On-Chain RWA Perpetual Contracts Reach $1.4T Annualized Volume

iconPANews
Share
This is the logo of the coin.
ETH
$2,673.61-0.95%
This is the logo of the coin.
BTC
$83,101.90-1.05%
This is the logo of the coin.
WLD
$0.489-2.23%
AI summary iconSummary
a16z crypto released a report highlighting how blockchain enables market supply to meet global demand through permissionless issuance and distribution. On-chain data shows that on-chain RWA perpetual contracts reached $1.4 trillion in annualized volume in July, accounting for nearly half of Hyperliquid’s order book. During February’s oil price shock, WTI remained one of the most liquid markets on trade.xyz while CME was closed.

PANews, September 29: a16z crypto has released a research report titled “Blockchains Create Net New Markets,” stating that historically, the constraints on market growth have always been on the supply side—listing committees, legal frameworks, and geographic fragmentation—rather than demand. Blockchain technology, for the first time, enables supply to keep pace with global potential demand through permissionless issuance and global distribution. The report cites data showing that on-chain RWA perpetual contract volumes reached an annualized $1.4 trillion in July, accounting for approximately half of Hyperliquid’s order book; during the oil price shock in February this year, while CME was closed, WTI remained one of the most liquid markets globally on trade.xyz, and pre-IPO markets such as Cerebras and SpaceX demonstrated more accurate pricing than investment banks.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.