Binance's XAUT Perpetual Contracts Soar to $2 Billion Daily Trading Volume
The trading volume of Binance's XAUT perpetual contracts has skyrocketed to $2 billion daily, attracting gold investors' attention.
This is a remarkable increase from just months ago, when XAUT was clocking only around $1.5 million in daily volume in December 2025.
XAUT hit its peak trading volume of $6.4 billion on March 23, 2026, making it the fifth most-traded perpetual pair on Binance, alongside top assets like BTC and ETH.
Tether Gold's XAUT is a tokenized gold product that meets London Bullion Market Association (LBMA) standards and is held in vaults in Switzerland. It's used for trading with leverage, rather than buying tokens to hold them.