DUBAI, UAE, Jan. 28, 2026 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced that it has become the No.1 centralized exchange for spot trading of Tether Gold (XAUT). It commands approximately 15.75% of total XAUT trading volume among centralized venues, according to CoinGecko data.
On January 28, 2026, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced it has become the No.1 centralized exchange for spot trading of Tether Gold (XAUT). According to CoinGecko data, Bybit now accounts for approximately 15.75% of total XAUT trading volume among centralized venues. This milestone highlights growing demand for tokenized gold and Bybit’s expanding exposure to XAUT.
The XAUT market remains niche compared with major crypto pairs, but Bybit’s market share near 16% signals its liquidity and competitive pricing in tokenized gold trading. Traders benefit from Bybit’s deep order books and efficient execution, reinforcing Bybit’s position in the XAUT ecosystem.
Industry observers expect continued competition among centralized venues for XAUT trading. Bybit’s latest share aligns with a broader trend toward increased liquidity and interest in tokenized assets, potentially drawing more participants to XAUT markets.
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