Gold enters the 24/7 era: Tokenized gold hits new highs, Bybit opens a new channel for global safe-haven assets.

PANews reported on January 28th that, according to official sources, rising global macroeconomic uncertainty has led to a repricing of gold's safe-haven value. Bybit data shows that on January 28th, Tether Gold (XAUT) hit a record high, reaching a peak of $5,320 during the day. Tokenized gold has seen a cumulative increase of over 20% this year, becoming one of the most certain safe-haven assets in the crypto market. According to CoinGecko data, XAUT's market capitalization has surpassed $2.7 billion, rising to 49th place in the crypto industry's market capitalization rankings.

Bybit has built a complete 24/7 gold trading system: supporting easy XAUT instant exchange with 0 transaction fees, and allowing direct purchase with 500+ mainstream tokens; spot trading supports up to 10x leverage. Bybit Alpha has launched XAUt0 trading and liquidity pool staking, allowing users to participate in the XAUt0–USDT liquidity pool through their UTA accounts, with a current annualized yield of up to 85%.

In addition, Bybit is also launching a Puzzle Hunt event for its gold tokens, with a total prize pool of 100,000 USDT. The event has 7 days remaining.

In the context of limited trading hours in traditional financial markets, gold tokens that support 24/7 trading are becoming the fastest-responding and most capital-efficient risk hedging tool for macroeconomic events, propelling gold assets into a new phase of on-chain and 24/7 trading.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together