[Castle Labs: On-Chain Perpetual Contract DEX Trading Volume Share Rises to 12.33%] According to a report by Castle Labs, the share of on-chain perpetual contract DEXs in global perpetual contract trading volume has increased from 0.11% in January 2023 to 12.33% in September 2026. Meanwhile, on-chain RWA (Real-World Assets) perpetual contracts have experienced rapid growth, covering traditional assets such as stocks, commodities, and Pre-IPO offerings. In July 2026, monthly trading volume reached approximately $147.5 billion, accounting for 19.6% of that month's on-chain perpetual contract trading volume.