According to Coin World news, on August 20, Bitget officially launched the industry's first RWA index perpetual contract. The first batch of listed assets includes AAPL/USDT (RWA), NVDA/USDT (RWA), and CRCL/USDT (RWA). The RWA contract underlying assets consist of tokenized RWA indices made up of stocks already circulating in the market, with each index containing various RWA tokens to track the prices of different third-party issuers. Its pricing mechanism references the model of crypto perpetual contracts, dynamically adjusting the index sources based on market activity, trading volume, liquidity, and other factors, and regularly disclosing weights to ensure pricing flexibility and fairness. In terms of trading rules, the RWA index perpetual contract adopts a 5×24 hour trading system, with prices frozen during weekends and stock market holidays to avoid liquidation, supporting order cancellation but suspending new order submissions, with funding fee settlements resuming with trading. The product continues the trading mechanism and clearing process of existing crypto perpetual contracts, with an initial leverage limit set at 10 times, supporting only isolated margin mode, and imposing platform-wide position limits to control risk. The initial pricing of this product will be based on stock tokens from the xStocks platform, with plans to include more trusted issuers in the near future and to expand the RWA perpetual contract category in this quarter.
