$XAUT-USD

Tether Gold

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Uniswap and PancakeSwap account for 96% of $678M DEX volume in tokenized commodities

Uniswap and PancakeSwap handle 96.1% of $678.2M tokenized commodity trading volume on decentralized exchanges (DEXs) in the past 30 days. Gold-backed tokens, like Paxos Gold (PAXG) and Tether Gold (XAUt), dominate this segment, accounting for 80% of daily volume. Both platforms offer deep liquidity and user bases, with Uniswap on Ethereum and PancakeSwap on BNB Chain.

Tether is Killing Its Gold Stablecoin Experiment in 37 Days. Should Investors Worry?

According to the article, Tether will wind down Alloy, its gold-backed lending platform, on Sept. 17. It says five customers still owe 399,088.74 aUSDT against 194.41 XAUT collateral, with 37 days remaining. The piece notes Alloy launched June 17, 2024, and that XAUT is not closing, with 194 locked ounces about 0.03% of supply.

XAUT-USD sentiment & insider activity

Over the past 7 days, alphai's AI scored 1 news story mentioning XAUT-USD (Tether Gold). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.

Recent XAUT-USD coverage spans crypto and commodities.

What's driving XAUT-USD

alphai scores every news story that mentions XAUT-USD with an AI model for sentiment and relevance, and aggregates insider trades from Tether Gold's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $XAUT-USD

Score

Uniswap and PancakeSwap account for 96% of $678M DEX volume in tokenized commodities

Uniswap and PancakeSwap handle 96.1% of $678.2M tokenized commodity trading volume on decentralized exchanges (DEXs) in the past 30 days. Gold-backed tokens, like Paxos Gold (PAXG) and Tether Gold (XAUt), dominate this segment, accounting for 80% of daily volume. Both platforms offer deep liquidity and user bases, with Uniswap on Ethereum and PancakeSwap on BNB Chain.

Profit-taking, oil spike knock bitcoin (BTC) price off its best levels in a month: Crypto Markets Today

Bitcoin pulled back from a one-month high after WTI crude rose above $85, reviving inflation concerns and shifting flows toward haven assets. BTC dominance rose to 59% as altcoins and stablecoins saw outflows. Derivatives showed tighter long/short positioning and bearish CVDs in several tokens, while HYPE and XLM underperformed and NIGHT gained 19%.

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