The tokenized commodity market has surged to a cumulative market capitalization of $7.69 billion, marking a 10% increase over the past month. This growth is driven by rising demand for tokenized precious metals, which offer investors 24/7 access to safe-haven assets. Tether Gold (XAUT) leads the market with $2.96 billion, followed by Paxos Gold (PAXG) at $2.56 billion, according to RWA.xyz.
Crypto exchanges are increasingly attracting traders seeking exposure to traditional assets through derivatives, particularly during periods of strong price momentum in gold and silver. Data from CryptoQuant indicates that daily trading volumes for gold and silver contracts reached $3.77 billion and $3.75 billion, respectively. Binance's TradFi perpetual futures have also seen significant activity, with over $130 billion in cumulative trading volume since January.
Tokenized Commodity Market Reaches $7.7B as Crypto Exchanges Gain Traction
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