The market for tokenized commodities has grown 10% over the past month to a cumulative $7.69 billion, driven by investor demand for safe-haven assets via crypto-native markets. Crypto exchanges are simultaneously emerging as new venues for traditional finance, with derivatives volume for assets like gold exceeding $3.7 billion in a single day on platforms like Binance.
Demand for tokenized commodities is rising as investors seek safe-haven exposure through crypto-native markets that trade around the clock. The sector grew 10% over the past month to $7.69 billion in market capitalization, while holders increased by 5.8% to 189,390 according to data aggregator RWA.xyz.
Tether Gold (XAUT) constitutes the lion’s share with $2.96 billion of onchain commodities, while Paxos Gold (PAXG) is second with $2.56 billion. This growth underscores how real-world assets are becoming a larger part of crypto market activity, providing 24/7 blockchain-based exposure to assets like gold and silver.
At the same time, crypto exchanges are drawing more interest from traders seeking exposure to traditional assets through derivatives. This trend is particularly visible during strong price momentum periods like the recent precious-metal rallies, stated blockchain data platform CryptoQuant.
“Activity has spiked during periods of strong precious-metal price momentum,” wrote CryptoQuant’s head of research, Julio Moreno, in a research report. Daily volume on Tuesday was overwhelmingly concentrated in gold and silver contracts, reaching $3.77 billion and $3.75 billion respectively.
Binance’s TradFi perpetual futures have generated over $130 billion in cumulative trading volume and about 90 million trades since launching in January. CryptoQuant attributed rising demand to tariff-related uncertainty, higher interest rates, and stronger safe-haven demand.
