CryptoQuant founder and CEO Ki Young Ju said Binance’s USDT-margined perpetual futures market is showing signs that traditional assets are overtaking parts of crypto trading, with average single-asset volume ranking metals, oil, stocks and then altcoins excluding the top 10. He said this suggests crypto exchanges are evolving into RWA exchanges, as demand for contracts tied to gold, oil, equities and other real-world assets expands crypto platforms beyond purely digital assets.