{"id":96744,"date":"2026-05-01T17:47:03","date_gmt":"2026-05-01T14:47:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96744"},"modified":"2026-05-01T17:50:19","modified_gmt":"2026-05-01T14:50:19","slug":"coingecko-quarterly-trading-volume-of-tokenized-gold-reaches-90-7-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coingecko-quarterly-trading-volume-of-tokenized-gold-reaches-90-7-billion\/","title":{"rendered":"CoinGecko: Quarterly Trading Volume of Tokenized Gold Reaches $90.7 Billion"},"content":{"rendered":"

In the first quarter, the spot trading volume of tokenized<\/a> gold reached $90.7 billion, surpassing the total for 2025 ($84.64 billion). This is according to a report by CoinGecko<\/a>.<\/p>\n

\"image\"
Source: CoinGecko.\u00a0<\/figcaption><\/figure>\n

Analysts attributed the growth to two factors: high investor demand and increased availability of such assets on exchanges, primarily centralized ones.<\/p>\n

The segment leaders remain PAXG from Paxos and XAUT from Tether<\/a>. The former’s share of monthly turnover ranged from 34.2% to 82.5%, while the latter’s ranged from 14.8% to 64.6%. Average turnovers for PAXG over the past 15 months were $5.72 billion, and for XAUT, $5.32 billion.<\/p>\n

RWA Market Triples in Size<\/h2>\n

Over 15 months, the total capitalization of the real-world asset tokenization segment grew by 256.7%\u2014from $5.42 billion at the start of 2025 to $19.32 billion by March 31, 2026.<\/p>\n

The sector accounts for 6.4% of the stablecoin<\/a> market volume. At the beginning of last year, this figure was at 2.7%.<\/p>\n

U.S. Treasury bonds continue to lead among categories. During the reporting period, their volume increased by $9 billion (+225.5%). Due to the growth of other asset classes, the share of treasuries decreased from 73.7% to 67.2%.\u00a0<\/p>\n

\"image\"
Source: CoinGecko.\u00a0<\/figcaption><\/figure>\n

Tokenized commodities accounted for 28.7% of the RWA<\/a> market by the end of the first quarter, stocks for 2.5%, and ETFs for 1.5%. The latter two categories are rapidly gaining momentum, CoinGecko noted.\u00a0<\/p>\n

The segment of digitized securities emerged in mid-2025. Since then, it has grown from $2.09 million to $486.69 million. The largest asset is Circle, with a capitalization of $171.39 million and a 35.2% share. Other notable players include Tesla, Nvidia, Alphabet, and Strategy.<\/p>\n

\"image\"
Source: CoinGecko.\u00a0<\/figcaption><\/figure>\n

The spot trading volume of such stocks in the first quarter was $15.12 billion. However, the turnovers of the five largest securities have yet to exceed 1% of their traditional stock market counterparts.\u00a0<\/p>\n

The capitalization of tokenized ETFs<\/a> rose from $620,000 in July 2025 to $297.5 million by the end of the first quarter of 2026. There is no clear leader in the segment: the largest fund, SPDR S&P 500, holds 10.9% of the market, while iShares Silver Trust holds 10.7%.<\/p>\n

\"image\"
Source: CoinGecko.\u00a0<\/figcaption><\/figure>\n

Perpetual RWA Volumes Reach Record Highs<\/h2>\n

According to CoinGecko, trading volumes of perpetual contracts on RWA exceeded $524 billion. For the entire year of 2025, the figure was $313.02 billion. Growth has been observed for four consecutive quarters.\u00a0<\/p>\n

\"image\"
Source: CoinGecko.\u00a0<\/figcaption><\/figure>\n

The average daily open interest in such assets reached $4.82 billion\u2014more than five times the level a year ago.<\/p>\n

Nearly 30% of activity is driven by HIP-3 markets on the Hyperliquid<\/a> exchange: their turnover in the first quarter was $130 billion. At the time of the update launch in October 2025<\/a>, their share was estimated at 2.8%, with a turnover of about $12.6 billion.\u00a0<\/p>\n

Earlier in April, the International Monetary Fund warned<\/a> that the growth of the RWA market could increase risks to the global financial system.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

In the first quarter, the spot trading volume of tokenized gold reached $90.7 billion, surpassing the total for 2025 ($84.64 billion), according to CoinGecko.<\/p>\n","protected":false},"author":1,"featured_media":96745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Tokenized gold trading volume hit $90.7 billion in Q1, exceeding 2025's total.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1098,536,1308],"class_list":["post-96744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coingecko","tag-gold","tag-rwa"],"aioseo_notices":[],"amp_enabled":true,"views":"1","promo_type":"1","layout_type":"1","short_excerpt":"Tokenized gold trading volume hit $90.7 billion in Q1, exceeding 2025's total.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96744"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96744\/revisions"}],"predecessor-version":[{"id":96746,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96744\/revisions\/96746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96745"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}