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Add as a preferred source on GoogleReal-World Asset Perpetual Open Interest Hits Record $12.6 Billion
Open interest rose 79% during the third quarter, setting a record for the segment.
Open interest in real-world asset perpetual markets rose 79% to a record $12.6 billion in the third quarter.
The figure measures activity in RWA perpetual markets. Pyth operates as a decentralized price oracle, supplying pricing data for various assets, including real-world assets.
The update adds to Pyth’s third-quarter results, which included $11.49 million in active annual recurring revenue, up 86.5% from the prior quarter.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.