In September, the DEX trading volume of tokenized gold PAXG and XAUT reached an all-time high

ChainCatcher news, Tom Wan, head of data analysis at Entropy Advisors, posted on the X platform stating that gold prices have surpassed $4,000 for the first time, rising 54% year-to-date (compared to a 31% increase in Bitcoin during the same period). Tokenized gold can serve as an option for cryptocurrency natives to gain exposure to gold without the need for physical storage. The monthly DEX trading volumes of PAXG and XAUT reached all-time highs in September (at $118.1 million and $62.75 million, respectively), with Uniswap and Curve being the main trading venues.