coin-img-ETHETH-5.52%coin-img-SPCXBSPCXB-10.13%coin-img-BTCBTC-5.14%coin-img-SOLSOL-6.54%coin-img-XRPXRP-5.82%coin-img-USDCUSDC+0.06%coin-img-HYPEHYPE-10.80%coin-img-TRXTRX-0.78%coin-img-ETHETH-5.52%coin-img-SPCXBSPCXB-10.13%coin-img-BTCBTC-5.14%coin-img-SOLSOL-6.54%coin-img-XRPXRP-5.82%coin-img-USDCUSDC+0.06%coin-img-HYPEHYPE-10.80%coin-img-TRXTRX-0.78%coin-img-ETHETH-5.52%coin-img-SPCXBSPCXB-10.13%coin-img-BTCBTC-5.14%coin-img-SOLSOL-6.54%coin-img-XRPXRP-5.82%coin-img-USDCUSDC+0.06%coin-img-HYPEHYPE-10.80%coin-img-TRXTRX-0.78%coin-img-ETHETH-5.52%coin-img-SPCXBSPCXB-10.13%coin-img-BTCBTC-5.14%coin-img-SOLSOL-6.54%coin-img-XRPXRP-5.82%coin-img-USDCUSDC+0.06%coin-img-HYPEHYPE-10.80%coin-img-TRXTRX-0.78%
user-avatar
CoinDesk

Bybit launches a dedicated options market for Tether Gold (XAUT)

Bybit has teamed up with Orbit Markets to launch Tether Gold (XAUT) options, marking the first rollout of XAUT options on a major crypto exchange. The European-style contracts are settled in USDT, with each options contract tied to one XAUT token representing one troy ounce of physical gold. Trading is supported via Bybit’s RFQ system for OTC execution, with initial liquidity provided by market makers with traditional precious-metals trading backgrounds. XAUT is a gold-pegged token, and while the listing does not change spot gold supply and demand, it is intended to improve price discovery for on-chain gold assets and expand institutional hedging tools.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Commodity