Thursday, January 29, 2026

Bybit Dominates XAUT Spot Trading Amid Tokenized Gold Surge

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KEY TAKEAWAYS

  • Bybit leads the centralized exchange market for Tether Gold (XAUT) spot trading, commanding 15.75% of the total trading volume.
  • The surge in XAUT activity coincides with gold prices reaching new highs due to macroeconomic uncertainties and inflation risks.
  • Bybit offers comprehensive trading options, including spot, margin, and derivatives trading, enhancing its role in tokenized gold trading.
  • Traders increasingly use tokenized real-world assets like XAUT to balance digital asset portfolio volatility.

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced its position as the leading centralized exchange for spot trading of Tether Gold (XAUT). According to CoinGecko data, Bybit commands approximately 15.75% of the total XAUT trading volume among centralized venues. This development was announced here.

The surge in XAUT activity aligns with the token reaching new all-time highs around $5,500, closely following spot gold’s breakout above $5,000. The rise in gold prices is attributed to increasing macroeconomic uncertainty, persistent inflation risks, geopolitical tensions, and continued central bank accumulation of gold. These factors have reinforced gold’s role as a global hedge and store of value.

Han Tan, Chief Market Analyst at Bybit Learn, noted that spot gold rose over 64% in 2025, marking its biggest annual gain since 1979. He suggested that as long as the macroeconomic environment remains favorable and central banks and ETF investors continue their purchases, gold is likely to achieve fresh all-time highs in 2026.

Bybit’s Role in Tokenized Gold Trading

As interest in gold-backed tokens grows, Bybit has emerged as the primary liquidity and price discovery venue for XAUT. Trading activity on the platform remains robust even during weekends and periods when traditional commodities markets are closed. Bybit’s liquidity depth has made it a central hub for traders seeking to gain or adjust gold exposure in real time, regardless of traditional market hours.

The concentration of XAUT trading on Bybit reflects a broader trend among market participants. More traders are turning to tokenized real-world assets (RWAs) like gold-backed tokens to balance volatility in digital asset portfolios while retaining the speed, accessibility, and global reach of crypto markets.

Comprehensive Trading Options on Bybit

Bybit offers a comprehensive product suite that enables traders to capitalize on XAUT’s momentum through various strategies. The platform provides spot trading, margin trading with up to 10x leverage, and derivatives trading with up to 50x leverage. Traders can deposit XAUT across multiple blockchains, including Solana, Ethereum, Mantle, Monad, and TON.

Additionally, Bybit supports automated strategies such as DCA/recurring buys and Grid Bot, alongside on-chain tools for alpha trading and yield farming. These options offer users flexible ways to participate in the gold rally.

As the tokenized gold market continues to expand, Bybit remains committed to delivering strong liquidity, 24/7 trading access, and institutional-grade market infrastructure. This reinforces its position as the leading centralized exchange for XAUT trading during the current gold-driven bull run.

Bybit has become the leading exchange for Tether Gold (XAUT) spot trading, commanding a significant market share amid the surge in tokenized gold prices. This development highlights Bybit’s strategic positioning in the expanding market for tokenized real-world assets.

A recent industry report indicates that the tokenized gold market has grown significantly, with XAUT maintaining a dominant market share. This aligns with Bybit’s emergence as a key player in tokenized gold trading, driven by the increasing demand for digital assets backed by physical commodities.

A CoinMetrics analysis highlights the robust growth of gold-backed tokens amid rising gold prices and geopolitical tensions. This supports Bybit’s strategic focus on tokenized gold as a hedge against macroeconomic uncertainties, reinforcing its role in the evolving digital asset landscape.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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