US EditionBybit Leads Global XAUT Spot Trading with ~16% Market Share as Tokenized Gold Rallies to New Highs
Bybit holds 15.75% of centralized Tether Gold (XAUT) trading as tokenized gold hits record $5,500 amid macroeconomic uncertainty and rising demand for real-world asset tokens.
- On Jan. 29, 2026, Bybit announced it has become the No.1 centralized exchange for spot trading Tether Gold with approximately 15.75% market share, according to CoinGecko data.
- Driven by outsized gold gains, market participants are turning to tokenized real-world assets as spot gold rose over 64% in 2025, said Han Tan, Chief Market Analyst at Bybit Learn.
- Bybit highlighted its deep liquidity and institutional-grade infrastructure, noting support for multi-chain XAUT deposits, automated tools, and a product suite including spot, margin , and derivatives .
- The shift concentrates liquidity and thus expands how traders and institutional investors gain gold exposure via tokenized tokens, influencing liquidity and price discovery in the XAUT market.
- XAUT's price action shows on-chain gains mirroring spot gold's breakout above $5,000, and analysts cited in the release say gold could reach new highs if central banks and ETF investors sustain purchases.
11 Articles
11 Articles
PR Newswire
Bybit Leads Global XAUT Spot Trading with ~16% Market Share as Tokenized Gold Rallies to New Highs
/PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced that it has become the No.1 centralized exchange for...
Key news: A whale with a new wallet accumulated nearly $7M in XAUT from Bybit's hot wallet, including a 450 XAUT stretch, funded only for gas. The metrics spot improved with about $854M of monthly volume and a short premium: XAUT at $5,542.07 versus gold spot at $5,537.78. Derivative activity increased, with Bybit leading at $177.9M of open interest and a record of $194M total, while attention to XAUT jumped 164%. A whale with a newly created wa…
Whale Wallet Pulls 450 $XAUT from Bybit, Raises Gold-Backed Holdings to $6.98M
A new crypto wallet, going by “0x0E4…4927E,” has gained considerable attention after extracting Tether Gold’s ($XAUT) 450 units. This transfer signifies the rising movement of the assets with high value across blockchain ecosystems. As per the data from Onchain Lens, the development has raised the whale wallet’s total $XAUT holdings to a staggering $6.98M. Thus, the whale has taken a key position among the biggest individuals holding gold-backed…
Whale accumulated nearly $7M XAUT from Bybit
Bybit sent out several transactions of XAUT tokens, underscoring rising demand for tokenized gold. A whale accumulated a growing XAUT portfolio valued at over $7M. Bybit became part of the increasing demand for Tether’s tokenized gold, XAUT. The exchange’s hot wallet started sending out XAUT transactions in the past day, leading to a whale address accumulating tokenized gold. The recent shift in narratives led crypto investors to switch to met…
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