
Bybit, the world’s second-largest cryptocurrency exchange, has emerged as the top platform for Tether Gold (XAUT) spot trading, capturing approximately 15.75% of total trading volume among centralized exchanges. This milestone comes as tokenized gold mirrors physical gold’s surge past $5,000.
Bybit Captures 16% XAUT Market Share
Gold’s remarkable 64% rally in 2025 — its strongest performance since 1979 — has driven unprecedented interest in tokenized gold assets. As macroeconomic uncertainty, inflation concerns, and geopolitical tensions persist, traders are increasingly turning to cryptocurrency platforms for round-the-clock gold exposure.
Key Trading Metrics at a Glance
“Gold’s resurgence is being mirrored on-chain through XAUT, and traders are choosing Bybit as their primary venue,” explained Emily Bao, Head of Spot at Bybit. The exchange’s deep liquidity enables seamless trading even when traditional commodity markets are closed.
For Indian investors, tokenized gold like Tether Gold bridges traditional safe-haven investing with the transparency and accessibility of blockchain technology. Bybit supports XAUT deposits across multiple networks including Ethereum, Solana, Mantle, Monad, and TON.
The platform’s comprehensive suite includes spot trading, margin trading (10x leverage), derivatives (50x leverage), and automated tools like DCA and Grid Bot. This infrastructure positions Bybit as the go-to venue for capitalizing on the gold-backed token rally.
As tokenized real-world assets gain traction, Bybit’s 24/7 trading access and institutional-grade infrastructure continue to attract traders seeking efficient gold exposure without traditional market constraints.

