According to Wu Blockchain, data from DefiLlama Research shows that between January and June 2026, approximately 169,000 wallets, accounting for 31.7% of Hyperliquid's new users, made their first transaction in the RWA market. DefiLlama co-founder 0xngmi further stated that among users whose first transaction was in RWA, about 80.9% continued trading RWA afterward and did not enter the crypto asset trading market. This indicates that Hyperliquid's RWA product has indeed attracted a new user base, but most of these users have not transitioned into crypto trading. There remains a clear segmentation between RWA and crypto trading demand. https://(wublock123.com)/news/hyperliquid-rwa-attracts-new-onchain-users-80-9pct-first-time-rwa-traders-stay-off-crypto-66605