CoinMeta data: The total amount of open contracts for on-chain real assets ( RWA ) perpetual contracts has reached $5.78 billion, which is a 25.6-fold increase from almost zero levels a year ago. Currently, the Trade [ xyz ] platform holds a dominant position in the market, accounting for about 67% of the market share, amounting to $3.866 billion. Variational follows closely behind, holding $968 million, accounting for 17%. These two platforms together account for approximately 84% of the open contracts in that market.