2026-01-14 06:32:51

The RWA track has recently caused quite a stir. According to on-chain data analysis, a leading exchange holds a market share of up to 89.1% in the Ondo Finance global market, essentially dominating the space. What does this mean? This exchange nearly monopolizes the most critical liquidity support for this track.

Numbers further illustrate the point: the total trading volume has already exceeded $1 billion, and nearly 90% of this trading volume flows to the same platform. Such concentration is indeed rare in the crypto market. One exchange handling the core transaction volume of the entire RWA track not only demonstrates its liquidity advantage but also reflects that the RWA market is still rapidly consolidating at this stage. As more asset tokenization demands are released, how this pattern will evolve remains worth watching.

RWA7,19%

ONDO-1,86%

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GateUser-2fce706c

· 11h ago

89.1% market share? I've already mentioned that RWA is the trend of the times. Those still hesitating should wake up. This opportunity must not be missed.

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MetaverseHobo

· 11h ago

89.1%, Mom, this is going to be a monopolistic feast This data looks outrageous, is RWA this competitive now? Nine billion out of ten billion are on one platform, where are the other exchanges sleeping? Monopoly always comes so suddenly in the crypto world It feels like RWA hasn't truly taken off yet, and it's already becoming centralized, which is interesting When the real demand explodes, will the landscape still be stable? I remain skeptical

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TradFiRefugee

· 12h ago

89.1%? Isn't that just pure centralization? What's there to talk about decentralization... A monopoly will eventually cause problems. Is RWA really that competitive? This ratio is outrageous, it feels like the risk is all piled up together. A billion in transaction volume sounds like a lot, but it’s all in one basket... Wait, isn’t this just the traditional financial model with a different disguise? The entire track is bottlenecked by one institution; it looks deep in liquidity but is actually very fragile. Is this real? How can it be so concentrated? Could it be that only this one has the volume? How did the RWA path turn out like this? It’s a bit concerning.

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rekt_but_vibing

· 12h ago

89.1%? Wow, that's really intense, basically one company has all the say This level of concentration is a bit scary, aren't you worried about regulators knocking on the door? A billion dollars in traffic being taken by a single platform, RWA is still too early, right? Such a monopoly is actually more dangerous; if something goes wrong, the entire track could be sacrificed But on the other hand, this data also shows that the popularity of RWA is rising, otherwise it wouldn't be so competitive

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gas_fee_therapist

· 12h ago

89.1% This number is outrageous. It feels like RWA has become a playground for one company. With such severe monopoly, they still haven't run away. An incident is only a matter of time. Liquidity advantage is just built by throwing money around. Is that true? A billion dollars in trading volume sounds impressive, but if an entire exchange operates like this, how long can it last? When that exchange encounters problems someday, the entire sector might collapse. Instead of wondering how the landscape will evolve, it's better to ask if there are alternative options. This is the fate of centralization. Can't blame others.

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