XAUT Drives Tokenized Gold Revival in Crypto Markets
Tokenized gold has regained its spot in the crypto market's spotlight, driven by renewed interest in XAUT. The token's activity expanded across decentralized exchanges, lending platforms, and leveraged futures markets.
XAUT and PAXG remain among the most actively traded gold-backed assets on decentralized exchanges, with Uniswap liquidity and collateral integrations widening trading access. Hyperliquid gold open interest returned near $750 million, with large traders mostly positioned long as they reacted to inflation and geopolitical uncertainty.
The return of tokenized gold is attributed to growing demand for assets linked to inflation protection, as well as traders seeking new opportunities beyond Bitcoin and altcoins during uncertain global markets. XAUT's expanding collateral role, DEX liquidity, and whale ownership are creating more trading paths in the market.