Weekly volume for tokenized perpetuals surpasses $31B

Weekly trading volume in the market for perpetual futures of tokenized traditional assets, such as crude oil, precious metals, and stocks, has surpassed $31 billion, CoinDesk reported, citing a BitMEX report. The increase was primarily driven by commodities, with trading volume for crude oil-related perpetuals rising significantly following U.S. and Israeli airstrikes on Iran. During the first quarter, commodities trading volume surged by 65,000% compared to the previous quarter, while stock-related perpetuals saw a 908% increase in the same period. The report noted that the growth is accelerating as these tokenized instruments, which track underlying asset prices, can be traded 24/7, stimulating demand from investors who want to constantly trade on macroeconomic volatility.