Gracy Chen’s Vision Bridges TradFi and DeFi with RWA Perpetuals

Bitget has launched the world’s first RWA (Real-World Asset) Index Perpetual Contracts, offering traders exposure to tokenized traditional assets via its platform. Effective August 20, 2025, the product is designed to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), allowing users to trade on tokenized representations of stocks and other real-world assets without the complexities of traditional brokerage systems [1]. The initial offerings include TSLAUSDT (RWA), NVDAUSDT (RWA), and CRCLUSDT (RWA), among others [1].

The RWA Index Perpetual Contracts are constructed from tokenized stock indices, each composed of one or more RWA tokens sourced from various third-party issuers. For instance, the AAPL RWA Index Perpetual Contract is a composite of Apple tokens from different providers. This design mirrors the mechanism of existing crypto perpetual contracts, which derive index prices from multiple exchanges. Bitget’s approach allows for dynamic adjustments, enabling the platform to add or remove index sources based on market conditions, including activity levels, trading volume, and liquidity [1]. The index weights are periodically reviewed and disclosed, ensuring flexibility and transparency in pricing [1].

To ensure fair pricing and robust risk management, the RWA Index Perpetual Contracts operate on a 5×24 trading schedule, closing during weekends and stock market holidays. During these closures, the market price remains frozen to prevent liquidation events, although users may still adjust their margin in anticipation of potential price gaps upon reopening. Order cancellations are permitted during these periods, while new orders are not accepted [1]. Funding fees are also suspended during market closures, resuming hourly once trading resumes [1].

The trading mechanics of RWA perpetual contracts align closely with those of traditional crypto perpetuals, including similar liquidation processes and leverage structures. To manage risk, Bitget has initially limited leverage to 10x and mandated the use of isolated margin. Additionally, open interest position limits are applied across the platform to mitigate systemic risk during the product’s early stages [1].

Gracy Chen, CEO of Bitget, emphasized the platform’s commitment to innovation and the expansion of its financial ecosystem. She noted that the RWA Index Perpetual Contracts represent a significant step in Bitget’s evolution, enabling traders to access both traditional and modern asset classes within a single interface. The product’s launch underscores Bitget’s leadership in integrating TradFi and DeFi, with the potential to reshape the future of asset trading [1].

At launch, index pricing for the RWA perpetuals is sourced primarily from stock tokens issued on the xStocks platform, with plans to integrate additional trusted issuers in the near future. Bitget also anticipates expanding the range of RWA perpetual contracts on its Futures platform later in the quarter [1]. As tokenization continues to gain traction, the platform aims to enhance its offerings to meet the growing demand for accessible and diversified investment opportunities.

Source: [1] Bitget Launches World's First RWA Index Perpetual Contract (https://www.bitget.com/blog/articles/bitget-launches-rwa-index-perpetual-contract-2025) [2] RWA Futures (https://www.bitget.com/academy/rwa-futures) [3] Bitget Debuts First-Ever RWA Index Perpetuals Featuring Major Real-World Assets (https://www.morningstar.com/news/globe-newswire/1001123774/bitget-debuts-first-ever-rwa-index-perpetuals-featuring-major-real-world-assets)