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In September, the monthly DEX trading volume of tokenized gold PAXG and XAUT reached a historical high.
Odaily News Entropy Advisors data analysis head Tom Wan posted on the X platform stating that gold prices have surpassed $4000 for the first time, rising 54% year-to-date (compared to Bitcoin's rise of 31% during the same period). Tokenized gold can serve as an option for Crypto Assets natives, allowing exposure to gold without the need for physical storage. The monthly DEX trading volume for PAXG and XAUT reached historical highs in September (at $118.1 million and $62.75 million, respectively), with Uniswap and Curve being the major trading venues.