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Reading: LBank Labs Drives Precious Metals Futures Past $6 Billion in Trading Volume
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Blockchain

LBank Labs Drives Precious Metals Futures Past $6 Billion in Trading Volume

Last updated: March 4, 2026 12:45 pm
Published: 2 months ago
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Singapore, March 4, 2026 — LBank Labs has released a comprehensive new report detailing the remarkable rise of its Precious Metals Futures division. Since launch, the platform’s cumulative trading volume has soared beyond $6 billion, drawing over 20,000 unique users. The report emphasizes surging global demand for both access to safe-haven assets and advanced cross-market hedging, as the lines blur between traditional finance and digital assets in international markets.

Robust Demand for Tokenized Metals

The report highlights that GOLD commands a 35.78% share of total trading volume, followed by SILVER at 28.48% and XAUT at 15.92%. These figures underscore the robust appetite for tokenized precious metals. LBank introduced GOLDUSDT and SILVERUSDT perpetual futures contracts on January 5, 2026, and has since expanded its product lineup to nine instruments, including GOLD, SILVER, XAUT, PAXG, XPT, XPD, XCU, XNI, and XAL. The platform enables users to efficiently execute diversified, leveraged strategies across both commodity and crypto markets, thanks to deep liquidity, up to 500x leverage, advanced market depth visualization, and competitive fees.

ContentsRobust Demand for Tokenized MetalsGold and Silver Set Trading Records

Gold and Silver Set Trading Records

Drawing on data from CoinGlass dated February 25, the report notes that GOLDUSDT’s open interest reached $31.46 million, placing it first among centralized exchanges and marking a 199.69% surge in just 24 hours. SILVERUSDT’s open interest also rose by 2.37% to $13.46 million. Overall, open interest in precious metals futures posted the largest global growth. This trend points to robust market liquidity and rising trader confidence.

Alongside the report, LBank announced the 17th BoostHub campaign, focusing on Tether Gold (XAUT) with a total prize pool worth 10 XAUT (about 54,000 USDT). Running from February 28 at 11:00 pm to March 7 at 8:00 pm SGT, the campaign offers global users a fair and accessible chance to earn XAUT amid surging demand in the precious metals market. It features two pools: the Smart Pool distributes 2 XAUT with an individual cap of 0.005 XAUT and requires participants to hold at least 1,000 USDT and execute at least one spot or futures trade during the campaign. The Futures Pool offers a larger 8 XAUT prize with an individual cap of 0.01 XAUT, rewarding active leveraged traders maintaining a minimum 1,000 USDT balance.

LBank Labs President Czhang Lin commented:

“Precious metals futures are rapidly emerging as a vital bridge between traditional commodities markets and the digital asset ecosystem. The continued growth in trading volume and open interest reflects global demand for safe-haven assets and diversified trading strategies. With initiatives like the XAUT BoostHub Campaign, LBank aims to broaden user engagement with tokenized precious metals, while simultaneously enhancing liquidity, product scope, and risk management capabilities.”

LBank Labs notes that tokenized precious metals are increasingly forging a crucial link between traditional finance and the digital asset space. By bringing globally recognized commodities like gold and silver onto a crypto-native trading infrastructure, LBank seeks to dismantle longstanding barriers between conventional commodities and digital asset markets. This approach enables more efficient price discovery, facilitates cross-market hedging, and promotes greater capital mobility.

Looking ahead, LBank Labs affirms its commitment to expanding LBank’s range of precious metals offerings, further strengthening liquidity and market infrastructure, and deepening ecosystem partnerships. Through these efforts, LBank aims to unite traditional assets with on-chain innovation, giving users worldwide broader and more effective investment opportunities.

About LBank Labs

LBank Labs is a global Web3 venture capital firm with over $100 million in assets under management. The company focuses on early-stage sectors including compliant blockchain infrastructure, regulated DeFi applications, AI integration, and institutional-grade decentralized solutions. Its portfolio features leading projects and funds advancing regulatory compliant and scalable next-generation digital technologies.

You can follow our news on Telegram, Facebook, Twitter & CoinmarketcapDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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