Binance's Tether Gold (XAUT) perpetual contracts have surged to about $2 billion in daily trading volume, up from just $1.5 million in December 2025, marking a 1,300-fold increase. XAUT even peaked at $6.4 billion in daily volume in March 2026, making it the fifth most-traded perpetual pair on Binance alongside major cryptocurrencies like BTC and ETH. Unlike spot gold tokens, XAUT contracts are leveraged futures used for speculation rather than holding physical gold. This rapid growth reflects rising demand for tokenized gold derivatives and Binance's expanding offerings in real-world asset (RWA) contracts, signaling a shift in trading preferences on the platform.
The tokenized gold market expanded by over $362 million in the past 30 days, driven mainly by Tether Gold (XAUT), which added $237 million to its market cap. XAUT now holds about $2.48 billion in market value, backed by physical gold stored in Swiss ...
Tether Gold (XAUT) has increased its market capitalization by $237 million over the past 30 days, contributing significantly to the $362 million growth in the tokenized commodity market. With a market value between $2.48 billion and $2.67 billion as ...
