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.

RWA-0,1%

ONDO-1,88%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

24 Likes

Reward
24
8
Repost
Share

Comment

0/400

ColdWalletGuardian

· 01-16 01:23

89.1% This number is outrageous, it's completely a one-sided situation. Such a severe monopoly, what is the point of decentralization for RWA? A billion in transaction volume sounds impressive, but with all the risk concentrated on one platform, the risk level is sky-high. Wait, is this really market choice or forced choice? For RWA to become popular, we need to break this monopoly pattern first, right?

View OriginalReply0

FantasyGuardian

· 01-15 23:45

89.1% this number is outrageous, it feels like they might as well just say "I am RWA" 1 billion USD all invested in one company, are they really not afraid of something going wrong? Monopoly has begun, is there still a chance afterwards? This concentration is too high, it's like all eggs are in one basket The track is still in the integration phase, so we have to keep waiting Some exchange is secretly celebrating, making profits from cutting leeks so steadily Liquidity advantage is an advantage, but it feels a bit oppressive, with no real competitiveness We need to find other outlets, or this game will be unplayable This situation will change sooner or later, new players will definitely stir things up

View OriginalReply0

LayerZeroHero

· 01-14 22:38

89.1%，This is really outrageous. One restaurant with nine people watching? --- A billion dollars stacked on one platform. Is this a liquidity advantage or a risk bomb? --- RWA is like this now. The entire track hasn't even taken off, and it's already starting to centralize. --- Monopoly is the most hated thing in crypto. Trouble is bound to happen sooner or later. --- Wait, is this data recent? Does it seem like this concentration can be maintained? --- Talking about liquidity advantage, isn't it just big players using their chips to harvest profits? --- If RWA really takes off, this pattern will be broken sooner or later. The beginning is just the prelude. --- Hey, is it possible that 89.1% is due to a statistical scope issue? Feels like this data is a bit exaggerated. --- The final outcome of a monopoly is always regulatory intervention. This time, it can't escape either. --- So, investing in RWA now is just gambling that the exchange won't explode?

View OriginalReply0

GateUser-2fce706c

· 01-14 06:59

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.

View OriginalReply0

MetaverseHobo

· 01-14 06:59

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

View OriginalReply0

TradFiRefugee

· 01-14 06:46

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.

View OriginalReply0

rekt_but_vibing

· 01-14 06:36

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

View OriginalReply0

gas_fee_therapist

· 01-14 06:36

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.

View OriginalReply0