Tokenized stocks trade 24/7, but do they track the stock overnight? We compared onchain trades to Blue Ocean ATS overnight prices. For liquid names, overnight tracking was as tight as regular hours: a 7.3 bps median gap overnight versus 8.7 bps during the regular session.
The CFTC cleared equity perps for US exchanges on Nov 3.
Offshore, they already trade at scale. Equity perps traded $328B in October, 48% of all RWA perp volume. Four of the 10 most traded underlyings were single stocks, led by $SNDK at $72.4B.
RWA perpetual futures traded $680B in October, up 17% from September.
ETFs drove the gain. ETF volume rose 79% and ETF share rose from 16% to 25%. $SOXL became the most-traded underlying.
Stork Research’s October volume report:
ZO is bringing equities, indices, commodities, and FX perps to @SuiNetwork, and Stork is the oracle behind this.
AMM perps lean on the oracle in more ways than other designs. RWA markets add sessions, holidays, and closures to the mix. Stork delivers price feeds that make RWA perps work on the AMM model, on fast-finality chains like Sui.
