CoinGlass data shows elevated activity in gold-linked derivatives as trading interest in the gold market remains strong. Total open interest across gold (XAU) contracts stood at $880 million, with Gate accounting for about $238 million, ranking second among global exchanges. At the same time, total open interest across Tether Gold (XAUT) contracts reached $528 million, and Gate held about $118 million, placing third globally. The figures highlight Gate’s position in both XAU and XAUT contract markets based on the data cited by ChainCatcher.
ChainCatcher reported that trading activity in gold-related derivatives has picked up as interest in the gold market continues to rise.
According to CoinGlass, total open interest in gold (XAU) contracts reached $880 million. Gate accounted for about $238 million of that total, ranking second among global exchanges.
At the same time, total open interest in Tether Gold (XAUT) contracts stood at $528 million. Gate held about $118 million, placing third among global exchanges.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
