Tokenized Perpetual Markets Show Improved Liquidity: Bitget Report

Bitget and Block Scholes have released research on the liquidity of tokenized real-world asset perpetual markets, which they published on June 15, 2026. The report highlights that these markets are becoming more mature and resilient.

The researchers examined four contracts - NVDA, USDT, SPY, USDT, QQQ, USDT, and XAU, USDT - and found that liquidity levels in these markets are approaching those of established crypto trading pairs. The report also notes that order book depth and bid-ask spreads for these contracts are comparable to traditional markets.

The study looked at market resilience during periods of high volatility, such as the US-Iran conflict in February 2026, and found that liquidity recovered quickly. The authors conclude that while liquidity is still correlated with traditional markets, tokenized perpetual markets on Bitget maintain functionality outside standard hours.