Tokenized perpetual swaps hit $31 billion weekly volume on commodities volatility

Commodities led the growth, with oil trading reaching $6.9 billion in weekly volume after geopolitical tensions, while stock perpetual swaps grew 908% to roughly $4.9 billion. What to know : Trading in tokenized versions of traditional assets surged in the first quarter, with weekly volume jumping to $30.7 billion and accounting for 1.72% of the crypto derivatives market. Commodities led the growth, with oil trading reaching $6.9 billion in weekly volume after geopolitical tensions, while stock perpetual swaps grew 908% to roughly $4.9 billion. Perpetual swaps enable round-the-clock trading without expiry dates, appealing to investors seeking 24/7 access to traditional financial markets amid macroeconomic volatility.