Perpetual futures tied to stocks, ETFs, indices, gold and oil grew to 23.5% of perpetual trading volume on major crypto exchanges, according to a Glassnode report.
About $778 billion of these contracts traded in August. Binance handled about 55% of that volume, the report said.
On Hyperliquid, markets tied to traditional assets now trade 85% as much as the remaining part of that comparison, which the supplied material does not complete.