What XAUT0 tracks
XAUT0 tracks the price of gold through Tether Gold. Depending on the issuer, a gold token either follows shares in a gold fund that holds bullion or is issued directly against gold the issuer holds in a vault.
Gold pays no income, so the value of XAUT0 comes from the gold price alone, less any fund or issuer costs.
About Gold
XAUt0
XAUT0 contract address
Ticker
Issuer
Status
XAUT0 market data
- Market cap
- $10.07M
- Liquidity
- $1.33M
- 24h volume
- $482.34K
- Fully diluted value
- $10.07M
- Holders
- 7K
How XAUT0 works
XAUT0 is issued by Tether. Tether issues its gold token against physical gold bars it says are held in vaults in Switzerland, with each token representing one troy ounce of gold.
What you hold is the token, not the underlying asset. XAUT0 tracks the price of Tether Gold, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Tether for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping XAUT0, and it does not issue, back, or custody the token.
The price of XAUT0 on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.
The asset behind XAUT0 doesn't pay distributions, so the value of XAUT0 reflects price movement alone.
When can you trade XAUT0?
XAUT0 can be swapped on Solana at any hour, and the asset behind it is priced around the clock too, so there's no market open or close to wait for.
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| Rank | Tokenized by | Trading hours | Buy | |||
|---|---|---|---|---|---|---|
| 1 | SPDR Gold Shares | $355.291 | 0.02% | Backed Finance | US market hours | |
| 2 | SPDR Gold Shares | $355.291 | 0.02% | Ondo | US market hours | |
| 3 | iShares Gold Trust | $72.837 | 0.00% | Ondo | US market hours | |
| 4 | Franklin Responsibly Sourced Gold ETF | $51.62 | 0.14% | Backed Finance | US market hours | |
| 5 | Franklin Responsibly Sourced Gold ETF | $51.62 | 0.14% | Ondo | US market hours |