Traditional finance assets gain trading share on Perp DEXs

Traditional finance assets including gold and the S&P 500 are emerging as the largest segment on decentralized perpetual futures exchanges, according to CryptoRank. As of Aug. 13, local time, only four of the top 10 most-traded assets on Perp DEXs were cryptocurrencies: BTC, ETH, HYPE, and SOL. SpaceX stock (SPCX) was the most-traded traditional finance asset.