Crypto Exchanges to Handle $347B in RWA Perpetuals by May 2026

Crypto exchanges are expected to process approximately $347 billion in annualized revenue-weighted average (RWA) perpetuals by May 2026, according to a recent report.

This estimate is based on current market trends and the growth of the crypto derivatives market. The RWA perps metric provides a more accurate representation of the market's performance compared to traditional metrics like notional volume or open interest.

The growing demand for perpetuals in the cryptocurrency market can be attributed to their popularity among traders, who find them attractive due to their lower fees and higher liquidity compared to futures contracts. The increasing adoption of perpetuals is also driven by the rise of institutional investors entering the crypto space.