RWA Perps vs CEX Volume: Why Tokenized Derivatives Are Winning When Spot Trading Slows
May 2026 RWA perp volume hit $211B as CEX stablecoin spot slid to $883B, redirecting liquidity to derivatives and on-chain venues. What is driving the shift?
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May 2026 RWA perp volume hit $211B as CEX stablecoin spot slid to $883B, redirecting liquidity to derivatives and on-chain venues. What is driving the shift?