Tokenized gold trading volumes have surged in early 2026, with Q1 figures reaching $90.7 billion, surpassing the entire 2025 total of $84.64 billion, according to CoinGecko data. This increase highlights growing market demand and accessibility for tokenized gold, particularly on centralized exchanges.
PAXG and XAUT remain dominant in the tokenized gold market, with PAXG accounting for 34.2% to 82.5% of monthly trading volumes, and XAUT ranging from 14.8% to 64.6%. Average monthly trading volumes for PAXG and XAUT were $5.72 billion and $5.32 billion, respectively, compared to an overall average of $11.69 billion. Other tokens like KAG, XAUT0, and XAUM had significantly lower trading volumes.
Tokenized Gold Trading Volume Hits $90.7 Billion in Q1 2026, Surpassing 2025 Total
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