Tokenization is eating traditional finance. Since April over 1 Trillion Dollars of RWA volume have traded through centralized and decentralized crypto exchanges. Now you can see the flows down to the wallet on the all new Rwa-markets.xyz website.

Let me bring some Memory equities stats to your notice. We will be looking at Last month's stats and the first half of September stats. so walk with me. First let me joggle your memory on last month Memory equities stats. Last month {August}: The total RWA perp volume for August was $751.9B with @PythNetwork powering 96.27%of the total volume and Memory equities snatched 43.5% of the total volume {$327.4B}. Four memory names held their ground in the top 10 most traded assets; SNDK ranked first {even surpassing GOLD by 49.01% }, SKHYNIX third, MU sixth, and SKHY tenth. A month to be committed to memory. First Half of September: The First 15days of September saw total of $316B in RWA Perp volume with 92.68% powered by Pyth. SNDK,SKHYNIX,MU took roughly 23.7% of the total volume {$74.8B} with 99% powered by Pyth . SNDK ranked second for the most traded asset, SKHYNIX at fourth and MU ninth. SNDK,SKHYNIX,MU part of the 50 Pyth indices running 24/7 on Pyth {Always on}. The memory-stock trade never closes, and it runs on Pyth Source:@RefractionRWA

The race for tokenized stocks has no clear winner, yet. Stocks paired with memes are now 26.7% of onchain stock spot volume, and Robinhood, Solana and BNB are battling for the #1 spot in this narrative. Here's the current landscape between the chains 👇

Gold and Sliver Perpetuals launched on @Kalshi with 24/7 @PythNetwork pricing. Lets look at the Gold and Sliver volume in the first half of September and see how big of a market it is. According to @RefractionRWA - Gold took 15.8% of the total volume for first half Sept {$50B] with 91.4% Powered by Pyth. {Rank 1st} - Sliver took 4.4% of the total volume{$13.8B} with 89.3% powered by Pyth. {Rank 7th} Kalshi just unlock access to a piece of the cake with Pyth. So whether you are making barbecue or reading the paper on a chill sunday, the market is always on.

Stocks paired with meme's on @RobinhoodCrypto have been making a lot of noise. Volume so far in September stands at ~$1.44B, with a daily peak of $157.1M. The highest demand stock? GOOGL which carried over 33% of the volume on the peak day on the 11th.

September seem to be moving smoothly for Pyth and RWA in general. Here are the RWA first half stats for September: -Total volume: $316B {compare to August first half volume of $420B} -92.68% priced by @PythNetwork {$292.87B} -Binance, OKX and Hyperliquid took 78.8% of the total First half of September volume. -increased DEX volume like Gm Trade and Variational compared to august. -Gold,SNDK,Oil{WTI] leading the top traded assets for the first half. Source: @RefractionRWA

Now Tracking: @NestExchange. The MetaDEX of HyperEVM with 10 xStocks pools that hold over 4% of xStock's deployed float across HyperCore and HyperEVM. Find their pools in our DeFi and Spot Markets tabs on RWA-Markets.xyz

Now tracking: @LaunchOnSF In preparation for the upcoming MemeStockFi section, we are now tracking all onchain data from StonkFun with a focus on RWAs. Coming this week you will be able to track liquidity, wallet cohorts and more across chains on RWA-Markets.xyz.

Now tracking: @Tessera_PE. Tessera provides users an opportunity to gain exposure to private equity at a Pre-IPO stage through loan participation rights. Their launches so far covered OpenAI, SpaceX, and Kalshi. Track their holders & cohorts live on RWA-Markets.xyz

Another amazing RWA Perp Report by @PythNetwork. It's an honour to have a market leader use our data and present it in these reports! September is off to a strong start too, with over $150B in volume in the first week. Make sure to read their full report below 👇

Now tracking: @PreStocks PreStocks give tokenized pre-IPO exposure to names such as OpenAI, Anthropic, Neuralink & more. Recently their holder count has exploded with the narrative of pairing stocks with memes. Track their holders & cohorts live on RWA-Markets.xyz.

happy Saturday with RWA good reads! 1) Tokenized Equities on Solana: From Issuance to Execution - by @minnus → nitter.net/minnus/status/20958482… 2) Request for Builders: Tokenized Stocks - @buildonbase → nitter.net/buildonbase/status/209… 3) RWAs: The next liquidity channel - by @wintermute_t → nitter.net/wintermute_t/status/20… 4) Tokenized Assets Report With Token Terminal - @RWAFoundation_ → nitter.net/RWAFoundation_/status/… 5) Enhanced: Gold Volatility as Yield - by @serotonin_hq → nitter.net/serotonin_hq/status/20… 6) STORMM & Leverage Machine - by @ClutchMarkets → nitter.net/ClutchMarkets/status/2… 7) solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp: Year One - by @Collector_Crypt → nitter.net/Collector_Crypt/status… 8) RWA Monthly Report - August '26 - by @RefractionRWA → nitter.net/RefractionRWA/status/2…

We have seen how august was an amazing month for Pyth with: - $10.4M ARR (+39% MoM) - $2.9M gross ARR -And more....... Now lets look at the august RWA volume and the absolute dominance demonstrated by @PythNetwork. - $751.8B Total RWA volume for August - 96.27% Priced by Pyth - $723.77B of total volume Priced by Pyth - Binance, OKX and Hyperliquid took 84.6% of the total august volume. August was huge indeed. The price of everything. Source @RefractionRWA

Binance's RWA open interest beats the next three centralized exchanges combined Likewise, Hyperliquid's RWAs open interest beats the next nine decentralized exchanges combined yet most of that collateral are stagnant capital, basically only proving a position exists. Flip that, and it stops being stagnant and starts being something you can borrow against, post as margin, or run a strategy through, all without touching the underlying asset. That flip is already underway, @Lighter_xyz enabled XAUT as perp collateral in August, and the API shows 22 more assets sitting ready to activate, with @NadoHQ prepping a handful of its own. Lending is catching up too: @kamino's RWA pools grew ~$70M in TVL paying 7.6% to 11.5% before looping, while @Morpho's PRIME/PYUSD pool added $40M at ~4.3%. The venues doing this now are the venues that will own the utility phase once the spillover hits. Great data from @RefractionRWA's August report, worth reading 🔻

Both @HyperliquidX and @nadoHQ carry spot @xStocksFi. At the time of recording, Hyperliquid has 5 live assets with $3.92m float whilst Nado has $2.35m between 7 assets which are also posted as collateral. The last full day volume was $264k on Hyperliquid and $235k on Nado.

Excited to announce that @Quicknode is now supporting our research. This enables us to begin covering the vastly expanding RWA scene on Robinhood chain as well as building out coverage for Hyperliquid's RWA DeFi sector. Expect to see insights on these ecosystems soon 🎉

Data from @RefractionRWA

The narrative of tokenized stocks and gold being used as margin for perps is accelerating. Two months ago, @nadoHQ enabled this for users and it has significantly grown since then. Today's count: $3.25M still posted making up 6.1% of Nado TVL with 504 wallets.

Data from @RefractionRWA shows that $536.1B in RWA perp volume priced by Pyth in August which is 96.59% of the market Chainlink has $9.35B (1.68%) while In house oracles have $6.33B (1.14%) The goal is to make it to the $1T mark bullish if you ask me

RWA perp stats of the day 👀 For the month of August, Pyth has secured $536.1B in RWA perp volume (96.59%). Followed by Chainlink with $9.35B (1.68%) and In-House Oracle with $6.33B (1.14%). To make it the first ever $1T mark, Pyth needs $46.4B/day which would mean increasing the pace by 81.7%​. Can it be done? Data sourced from @RefractionRWA.