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Unitas Labs launches XGLD, a gold-backed token on BNB Chain that generates DeFi yield.

Protocol Fundamentals
05 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Unitas Labs has launched XGLD on BNB Chain, a token backed 1:1 by Tether Gold (XAUt) that generates yield through DeFi strategies. Unlike traditional gold holdings, XGLD allows investors to earn returns by borrowing stablecoins against gold collateral and deploying them in yield-generating protocols. This innovation aims to solve gold's longstanding issue of not producing income while maintaining price exposure. However, investors should be aware of risks including counterparty trust, smart contract vulnerabilities, and liquidation risks due to a high loan-to-value ratio. Unitas plans to expand XGLD to other chains but has not disclosed yield rates or market adoption data yet.

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