Gold Perpetual Futures Climb to Second Place on Hyperliquid With $299.55M Open Interest
- —Open interest in gold perpetuals on Hyperliquid reached $299.55M
- —Gold surpassed equities and oil in daily trading volume, trailing only the S&P 500
- —Tokenized gold and commodities are worth about $5B, with XAUT and Paxos Gold making up over 90%
- —90-day gold volatility stands at 27%, close to Bitcoin's level
Why it matters: The surge in tokenized gold trading signals growing convergence between traditional assets and crypto liquidity, boosting demand for RWA instruments.
Source: Cryptopolitan