Open interest in real-world asset (RWA) perpetual futures has reached an all-time high approaching $20 billion, according to CryptoRank data. The figure represents a 192% surge since June, reflecting rapidly growing trader appetite for leveraged exposure to tokenized traditional assets. Centralized exchanges dominate the market with 71% of total open interest, leading specifically in equities and precious metals contracts. Decentralized exchanges hold the remaining 29%, where they maintain dominance in equity index derivatives.