Crypto exchanges are emerging as TradFi destinations during the boom in tokenized commodities

Demand for tokenized commodities is increasing as investors seek a safe haven not only during traditional market hours, but also through cryptocurrency markets that trade around the clock.

According to data aggregator RWA.xyz, the tokenized commodity sector grew by 10% over the past month to a total market capitalization of $7.69 billion, while holders increased by 5.8% to 189,390.

Tether Gold (XAUT) has the lion’s share with $2.96 billion in onchain assets, while Paxos Gold (PAXG) is in second place with $2.56 billion.

This growth shows how real world assets are becoming a bigger part of the crypto market activity. Tokenized commodities allow investors to have 24/7 blockchain-based exposure to assets such as gold and silver, while maintaining their portability and tradeability through a digital asset infrastructure.

related to: Crypto yield difference with TradFi is decreasing because of stocking, increasing RWAs

Crypto exchanges are emerging as new TradFi destinations

At the same time, crypto exchanges are attracting more attention from traders looking to gain exposure to traditional assets through derivatives.

According to blockchain data platform CryptoQuant, this trend is particularly visible during periods of strong price trends, such as the recent rallies in gold and silver.

“Activity increased during periods of strong precious metal prices,” wrote CryptoQuant head of research Julio Moreno in a research note published Tuesday.

He added that daily volume was mainly concentrated in gold and silver contracts, which reached $3.77 billion and $3.75 billion, respectively, on Tuesday.

related to: US Financial Markets ‘Ready to Move on Chain’ Amid DTCC Tokenization Light

Binance’s perpetual trading activity continues to grow

The trade of this product expanded rapidly. CryptoQuant said Binance TradFi perpetual futures has generated more than $130 billion in trading volume and nearly 90 million trades since its launch in January.

CryptoQuant attributed the surge in demand for tokenized commodities and the rally in precious metals to uncertainty surrounding tariffs, higher interest rates and stronger demand for safe havens.