Binance Futures Data Suggests Crypto Exchanges Are Becoming RWA Markets, Says CryptoQuant CEO

CryptoQuant CEO Ki Young Ju highlighted a noticeable shift in Binance’s USDT-margined perpetual futures market, where trading activity is increasingly leaning toward traditional asset classes. He noted that metals, crude oil, and equities now rank above most altcoins outside the top 10 in terms of average single-asset volume.

This pattern, he explained, points to a broader change in how capital is being allocated across the market. Instead of focusing mainly on crypto-native assets, trading interest appears to be spreading more toward real-world categories.

Ki Young Ju added that this evolving distribution suggests platforms such as Binance may be gradually expanding their role, becoming venues where real-world assets are traded alongside digital tokens through futures and derivatives.

Source: Ki Young Ju