Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

Since hitting a local bottom on Mar 11, 2025, crypto asset prices have experienced a two-week rise, following a recovery above $87K for BTC and $2K for ETH. XRP remains stable, but BTC and ETH are still below their levels from the start of the year. SOL is also down for the year, despite reaching an all-time high (ATH) in January 2025 that coincided with the 

. While derivatives markets aren't bullish yet, they've reversed much of the bearish sentiment, although demand persists for puts on BTC and ETH.

Please check out the report’s highlights.

For most of this past week, perpetual open interest remained flat, reflecting a cautious risk-off sentiment across asset classes. This changed briefly with a partial spot recovery that allowed BTC to reach $88K (a two-week high), which led to slight increases in perp open interest and trade volume primarily driven by BTC. However, trade volumes are still significantly lower than at the start of the month when US president Donald Trump proposed a crypto strategic reserve for the big four tokens.

Negative funding rates point to bearish sentiment

Despite a week of lower realized volatility and positive performance among major crypto assets, funding rates for BTC and ETH contracts have remained mostly negative, indicating that short positions are paying long positions. This reflects a bearish sentiment not present in large-cap altcoins, whose funding rates have fluctuated between positive and negative without a clear directional trend.

Implied volatility levels have dropped by 3–5 points from last week, with 30-day options trading at their lowest level since the year's start. Realized volatility is nearing the 30% low established in late February. As is typical during periods of low volatility, options market activity has decreased, with open interest remaining low and balanced between puts and calls despite about $40M in weekly expirations.

Advanced

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Bybit X Block Scholes crypto derivatives analytics report (Mar 27, 2025): Cautious sentiment prevails despite price recovery

Learn about Mubarak (MUBARAK), the BNB Chain meme coin fueled by community hype and speculation over potential listings.

Mubarak (MUBARAK) is a community-driven meme coin on 

 that’s quickly gaining popularity, due to strategic community engagement and cultural branding targeted toward Middle Eastern investors. This guide explores Mubarak’s unique features, tokenomics, recent market performance and trading options.

Mubarak (MUBARAK) is a community-driven meme cryptocurrency built on BNB Chain. It was launched on the 

 Inspired by an Abu Dhabi company’s $2 billion investment in Binance, MUBARAK — which means “blessed” in Arabic — carries a unique appeal for Middle Eastern crypto markets. This targeted cultural approach distinguishes MUBARAK from other 

, giving it particular appeal in regions with growing crypto enthusiasm.

Shortly after the coin’s launch, its community quickly took control over it, guided prominently by the influential persona 

 on social media platform X. Users can also create Mubarak-themed avatars on the website, giving influential figures a dash of Middle-Eastern charm — from CZ and Portuguese soccer star Cristiano Ronaldo to beloved meme coin mascots 

. The meme coin quickly attracted attention, due to its engaging branding and strategic community management, amassing a total of 12,400 followers in just two weeks. 

What’s the source of MUBARAK’s popularity? 

MUBARAK stands out from typical meme coins, thanks to several major Binance-related events accelerating its market visibility. 

On Mar 12, 2025, Abu Dhabi investment company MGX made history by investing $2 billion in Binance. This represented the largest single investment in the whole of cryptocurrency history, signaling strong confidence in the industry. It was also a pivotal moment that firmly established the Middle East as a key player in the crypto space. Right after MGX’s mind-blowing investment, CZ tweeted several Mubarak-related posts, leading to the eventual birth of MUBARAK the very next day.

Binance Alpha, a dedicated platform for emerging and promising BNB Chain tokens, promptly listed MUBARAK on Mar 15, 2025, further validating the meme coin's potential. This integration enhanced MUBARAK's credibility, trust and market exposure, attracting a broader investor base beyond that of typical meme coin enthusiasts.

The second significant event that led to the greatest boost in its price and market cap took place when CZ personally bought 1 BNB worth of MUBARAK (around $600 at the time of purchase) on Mar 17, 2025. Both its listing and CZ’s purchase of the coin within a matter of two days pushed the coin to an all-time high (ATH) of $0.21 by Mar 18, 2025. While MUBARAK rapidly declined from its ATH to $0.13 just one day later, CZ’s cryptic endorsement for the coin briefly ignited more community excitement. 

On Mar 19, 2025, CZ sparked speculation in the Mubarak community by changing his X profile picture to feature himself wearing traditional Arab attire. The crypto community widely interpreted CZ’s subtle gesture as a potential endorsement or “hint” toward future Binance involvement. This led to a rapid increase in Mubarak's price (over 30%) within the same day as it reached $0.165 and briefly touched a $166 million market cap.

Mubarak’s straightforward and transparent tokenomics (below) are designed to foster investor confidence and community engagement.

Mubarak's simple token structure and availability on a reputable 

 (DEX) enhance accessibility, providing investors easy entry and liquidity options without relying solely on 

As of Mar 28, 2025, MUBARAK is priced at $0.096, reflecting a 55.3% decrease from its ATH of $0.21 on Mar 18, 2025, and a 237% increase from its all-time low (ATL) of $0.028 on Mar 16, 2025. It has a current market cap of $95 million and a 24-hour trading volume of $306 million.

MUBARAK’s price surged over 480% from the time of its launch, primarily due to strategic visibility from its Binance Alpha integration, speculative interest following CZ’s interactions and growing enthusiasm for meme coins in the crypto market. At its peak, MUBARAK achieved a market cap of approximately $166 million, reflecting significant investor confidence and demand.

Mubarak (MUBARAK) has quickly established itself as an influential meme coin in the crypto market, boosted significantly by strategic integrations like Binance Alpha, and speculative attention fueled by former Binance CEO Changpeng Zhao’s interactions. Its unique cultural branding, particularly appealing to Middle Eastern crypto circles, has further amplified its market visibility and adoption. However, investors must approach meme coins with caution due to these assets’ speculative nature, which often leads to considerable volatility and potential risks.

If you're interested in participating in MUBARAK’s growth story, you can trade 

, where you can participate in high-risk/high-reward Perpetual contract trading with up to 12.5x leverage.

Beginner

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Mubarak (MUBARAK): Arabic-themed BNB Chain meme coin

Margin Staked SOL is a Bybit product that allows you to earn SOL staking rewards and utilize leverage of up to 2x to amplify your earnings.

 can be a great way to earn yield in crypto, and 

 (SOL) is one of the most popular blockchain platforms for doing so. However, setting up and running a Solana validator node is technically complex. Additionally, financial requirements for Solana validators are high. While the official minimum stake is just 0.01 SOL (around $1.33), in reality, a typical Solana validator needs 

 staked just to break even — an investment of about $6.66 million (as of Mar 28, 2025).

Most crypto users who would like to benefit from staking rewards on Solana simply don’t have that kind of capital. And many don’t want the hassle of setting up a full validator node.

Back in September 2024, Bybit introduced 

 (LST) that lets you earn Solana staking rewards with minimal investment, and no need to manage a validator node.

bbSOL has been a major success, allowing Bybit users to earn staking rewards without technical or financial barriers. Now, Bybit is taking it a step further with Margin Staked SOL — a new Solana staking product that utilizes bbSOL and offers leveraged borrowing to amplify the rewards.

 is a Bybit leveraged liquid staking product that’s designed to help you earn Solana staking rewards with minimal hassle.

 Using it, you can invest your SOL and Bybit will allocate the funds to Solana blockchain validators, allowing you to earn staking rewards. When you stake through Margin Staked SOL, you receive bbSOL, an LST that serves as a deposit certificate and accrues staking rewards. Unlike standard bbSOL staking, Margin Staked SOL allows you to use 

For example, if you have 100 SOL and opt for 2x leverage, the total amount committed to Solana staking will be 300 SOL — your 100 SOL principal plus the borrowed 200 SOL. You’ll pay interest (which is variable and calculated hourly) on the borrowed amount.

Bybit allocates your total staking amount through 

 (CLOUD), Solana's leading liquid staking solution. Sanctum's 

 distributes staked funds across multiple validators to optimize the total yield.

The key advantage of Margin Staked SOL is its capacity to amplify staking rewards through leverage. In addition, you don't need to handle the technical complexities of running a Solana validator. The minimum investment required is just 0.5 SOL (around $70), drastically lower than the millions of dollars needed to run a profitable validator node in Solana's highly competitive staking ecosystem.

Upon committing your funds to Margin Staked SOL, you’ll receive the bbSOL LST. All staking rewards accrue in this asset, and you can redeem your investment at any time by exchanging bbSOL for your original SOL. After deducting interest on the borrowed funds, you’ll receive your SOL, along with all the accrued rewards. bbSOL accumulates rewards every time a Solana epoch is completed, typically taking 2–3 days.

As an LST, bbSOL normally allows you to keep your original SOL locked while using the liquid token across the Solana 

 (DeFi) ecosystem, and within Bybit products like On-Chain Earn, Bybit Savings and Crypto Loans. However, when bbSOL is issued via Margin Staked SOL, it must remain locked, and cannot be used in other Bybit or DeFi products. It acts solely as your deposit confirmation, and continues accruing rewards until you withdraw from Solana staking via Margin Staked SOL.

Interest on the borrowed funds within Margin Staked SOL is calculated hourly, with any duration under one hour rounded up to a full hour. The interest rate is variable, and updates every hour. You can check the current rate in your account under 

Rewards in Margin Staked SOL aren’t distributed immediately. Instead, they accumulate in your bbSOL, and can be redeemed at any time alongside your SOL principal investment. Bybit provides two redemption options for bbSOL:

If your PnL position declines beyond a certain level during staking, Bybit will send you a margin call notification via email, prompting you to either redeem your investment or contribute more SOL. If your PnL drops even further, an automatic stop-loss transaction will be triggered to redeem your funds and cover the loan and accrued interest. These measures are designed to protect you from unexpected losses.

Besides Margin Staked SOL, Bybit also offers another product for those who would like to earn yields from hassle-free decentralized staking: 

. There are three key differences between the two products: 

1) Unlike On-Chain Earn, Margin Staked SOL allows you to use leverage, amplifying your potential returns and risks. 

2) On-Chain Earn creates opportunities for staking on several blockchains, while Margin Staked SOL is a solution that’s designed exclusively for Solana staking.

3) Staked assets in On-Chain Earn can be withdrawn and utilized in their respective blockchain ecosystems, whereas the bbSOL from Margin Staked SOL is locked solely for yield generation, and cannot be used elsewhere. 

How to get started with Margin Staked SOL

Here’s how to get started with staking your SOL.

: In your account’s navigation pane, click on 

: On the left side, you’ll see the APR chart for the product, containing information on the Net APR; the trend over the past 1,7 or 30 days; and the highest and lowest Net APRs over a selected time period.

: On the right side, you can set options for your Margin Staked SOL (the leverage ratio and the SOL amount to transfer from your main account). You’ll see the amount of automatically calculated bbSOL you’ll receive, total borrowed amount and estimated daily yield.

to view a detailed breakdown of your bbSOL holdings. Then, click on either

: On the confirmation pop-up window, enter the amount of bbSOL you wish to redeem, or click on 

to redeem your full balance. Review the details, then click on

 to proceed, depending upon your earlier choice. 

to finalize your redemption on the redemption confirmation pop-up. Your redeemed SOL will be sent to your 

Until Apr 4, 2025, 10AM UTC, you can also take advantage of Bybit’s 

 campaign that’s dedicated to the Margin Staked SOL product. This campaign lets you earn up to 10 Lucky Draw tickets, each guaranteeing at least a 1 USDT 

, with a chance to win up to 100 USDT. In order to participate in the campaign, you must register for the event and complete a series of tasks as follows:

Bybit’s Margin Staked SOL allows you to earn Solana staking rewards without the hassle of setting up and running a validator node — all via your account’s easy-to-use interface. The leverage option is also a great way to multiply your rewards. Moreover, the minimum investment is minuscule, especially compared to running a Solana validator, and there are two easy redemption options — and all of these benefits without needing to interact with the underlying Solana blockchain!

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Bybit Margin Staked SOL: Unlock higher yields with less effort

Animoca Brands has partnered with Soneium, Sony’s Ethereum Layer 2 blockchain, to develop Moca Network’s identity layer and launch anime initiatives on Soneium.

The S&P 500 fell 0.33% as tariffs and inflation concerns weighed on markets, with energy, tech, and communication sectors leading losses. Gold hit a record $3,059 as Trump’s tariffs fueled trade war fears, boosting safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, are down by 1.01%, with Bitcoin up by 0.55% and Ether down by 0.18% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is CARV, up 9.2%, as it expands globally and redefines data ownership.

CARV (CARV), founded in 2022, is a modular data layer empowering users to control their data, enhancing privacy for gaming and AI systems through its CARV Protocol and ecosystem platforms. 

, advancing AI, gaming, and data ownership with its SVM Chain, which ensures privacy, scalability, and interoperability between Ethereum and Solana. With listings on Tokocrypto and Mercado Bitcoin, CARV is targeting Southeast Asia and Latin America, where users can better control and monetize their data. The $CARV token powers governance, gas fees, and incentives, fostering a user-owned data economy. Strategic partnerships with Kite AI and ARPA enhance AI intelligence, verifiable randomness, and blockchain security.

Check out the latest prices, charts, and data of 

, Sony’s Ethereum Layer 2 blockchain, to develop Moca Network’s identity layer and launch anime initiatives on Soneium. Moca Network’s AIR SDK will integrate into Soneium, enabling decentralized identity (DID) and reputation features, starting with San FranTokyo’s Anime ID. This collaboration aims to onboard anime fans to blockchain-powered experiences and enhance engagement across anime, gaming, and Web3. Sony’s Soneium, developed by Sony Block Solutions Labs and Startale Group, seeks to merge creativity and technology, while Animoca Brands’ partnership strengthens the digital identity infrastructure for an interconnected Web3 ecosystem.

Yesterday, BTC spot ETFs saw $85M in inflows, all from non-GBTC funds.

, allowing users to earn Fragments through Galxe and Zealy quests, potentially qualifying for an airdrop. Participants must complete quests, connect wallets, and use a referral code. Points update weekly, and the program may be limited in duration.

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Animoca Brands and Sony’s Soneium partner to enhance digital identity and anime experiences in Web3

Bybit Learn

Crypto

Investing

Discover the 11 best gold-backed cryptos of 2025, offering real asset security amid market volatility. Explore top tokens like XAUt, PAXG & more.

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The early months of 2025 have ushered in a flurry of changes in financial markets, primarily caused by the new US presidential administration of Donald Trump. Drastic cuts to US public spending, the threat of tariff wars and a new paradigm in the relationship between the US and its trading partners have unnerved markets and caused 

 prices and investor sentiment to take a hit. As stocks have dived, the crypto market has also slowed, reflecting the overall negative outlook prevalent among investors across different markets.

The world's primary precious metal commodity, 

, is surging in an atmosphere of largely declining investor sentiment. This is hardly surprising to anyone familiar with the history of financial markets. The yellow metal has always done well when stocks are getting hammered and the outlook for growth-dependent assets is souring. As of the time of this writing on Mar 24, 2025, gold’s price has appreciated by around 5% over the past 10 days. This change might seem insignificant to crypto investors, who are used to much more volatile swings in the price of their assets. Still, it represents a notable weekly jump for gold, an asset known for its price stability and low volatility. 

As gold rallies, many in the crypto investment world are turning their attention to a previously unassuming category of the market — gold-backed cryptocurrencies. While the broader crypto market is rather lethargic, cryptocurrencies in this category are posting weekly growth rates that virtually mirror the growth in the price of gold. If you’re a crypto investor looking for a safe harbor in these times of uncertainty, gold-backed tokens might just be the answer. In this article, we’ll cover the top 11 gold-backed cryptos as of Mar 24, 2025, which together make up nearly the entirety of this small category's total 

A gold-backed cryptocurrency is a tokenized digital asset whose value is typically supported by reserves held in gold. In some cases, the token issuer holds the gold reserves used to back the cryptocurrency. In other cases, a third-party trusted custodian maintains the reserves of the underlying physical gold on behalf of the issuer.

The earliest notable gold-backed cryptocurrencies were launched around 2019–2020. Among these are Tether Gold (XAUt), introduced in 2020, and Pax Gold (PAXG), which debuted in 2019. Another notable player in this area, Perth Mint Gold Token (PMGT), operated between 2019 and 2023.

Gold-backed cryptos let you turn gold ownership into a more flexible and liquid form for 

Besides buying gold crypto assets as a hedge against the volatile crypto market, you can also trade gold and other asset classes — such as crypto, forex and market indices — via 

. This product lets you access multi-asset trading opportunities alongside benefits like high leverages of up to 500x, tight spreads, competitive fees and 24/7 support.

How do gold-backed cryptocurrencies work?

As noted above, gold-backed cryptocurrencies are based on physical gold reserves. The exact mechanics of the reserve maintenance can vary. Some projects store the gold themselves, while others rely on external custodians to handle the storage.

These cryptocurrencies appeal to investors who want crypto exposure, but prefer a real-world asset's security. Gold serves as an excellent backing for a digital asset, as it’s a well-established and widely respected commodity. During 

, as stocks and cryptocurrencies plunge, gold tends to rise in value, potentially lifting gold-backed cryptos up with it.

Like any other asset on the market, gold-backed tokens have unique pros and cons. One con is that in a booming market, they tend to offer lower returns as compared to standard cryptocurrencies or other high-growth assets. Another drawback is the lack of unified regulatory mechanisms to ensure that the gold reserves actually exist, are maintained at the claimed levels and are held by a trustworthy party. Sufficient liquidity can also be an issue for smaller projects.

On the positive side, the biggest advantage of these assets is security during bear markets: as financial markets turn south, gold-backed cryptos are more likely to hold their value than other cryptocurrencies. Another key pro is owning tokens propped up by a 

 — an excellent way to silence crypto skeptics who constantly claim that these assets have no intrinsic value behind them.

The 11 gold-backed crypto assets we list below represent nearly the entire market niche. As of mid-March 2025, the 

 with reportable market caps under the category of "Tokenized Gold."

Their prices, caps, growth rates and other relevant statistics are valid as of this writing. Naturally, this data may change substantially, given the volatile nature of the crypto market. However, the backing by gold normally gives these assets a somewhat higher degree of stability as compared to other types of cryptocurrencies (

 (XAUt) is the most dominant gold-backed cryptocurrency on the market. It was introduced by Tether Limited Inc., the company behind USDT, the world’s most traded crypto asset.

Each XAUt token is backed by one troy ounce of gold, with the physical gold bars securely stored in Swiss vaults. Holders can redeem their XAUt for physical gold at any time. However, to do so, you’ll need to have enough XAUt tokens for the price of a full London Good Delivery physical gold bullion bar (approximately 400 troy ounces/XAUt). If you own less XAUt than that, swapping it for other assets, typically USDT, is the more practical option. You can 

Over the past 10 days, XAUt's value has grown by 5% — exactly in line with the price of gold, which XAUt closely tracks. Launched on Ethereum as an 

 asset, XAUt has long been the leader of the Tokenized Gold category. With a market cap of approximately $744 million, XAUt is currently trading at $3,023.24.

 (PAXG) is this niche's confident runner-up, right behind XAUt. Each of its tokens is also backed by one troy ounce of gold, with the actual gold held in the London-based vaults of Brinks Security, a multinational cash-handling security company. Launched in 2019 by the New York–based Paxos Trust Company, the token has a market cap of $652 million. PAXG and XAUt dominate the gold-backed crypto market, together holding around three-quarters of the category's total market capitalization. As it also tracks the price of one ounce of gold, PAXG has appreciated by around 5% over the past 10 days.

Quorium Gold (QGOLD) is the third-highest-capped gold-backed crypto at the moment, with a market cap of $253 million. Similar to XAUt and PAXG, QGOLD is backed by and tracks the price of one troy ounce of gold.

The project was launched in late 2023 on 

, a company committed to sustainable mining. QGOLD is backed primarily by verified untapped gold reserves, as certified by the NI 43-101 reports overseen by the Canadian Securities Administrators. While Quorium also engages in mining to grow its reserves, its main focus remains on leveraging existing, verified untapped gold.

Kinesis gold (KAU) is a gold-backed cryptocurrency launched by the Cayman Islands–based blockchain finance company 

. The KAU token is backed by one gram, rather than an ounce, of gold, and therefore has a unit price quite different from the cryptos we’ve covered above. It currently trades at around $97, similar to the actual price of gold, and has a market cap of $139 million.

Kinesis partners with the leading gold Allocated Bullion Exchange (ABX) — an international institutional exchange company with an extensive vaulting network, including Malca-Amit and Loomis International, along with other vault partners such as Brinks — to manage the gold reserves that back KAU.

 (VRO) is backed by one gram of physical gold from the recycling industry. This environmentally-friendly project is among the older gold-backed cryptocurrencies. Launched in May 2020 on Ethereum by the UK-based LinGOLD Ltd., VeraOne's gold is not only London Bullion Market Association (LBMA)–compliant, but also made with the maximum purity of 999.9 (or 99.99% pure), and can be converted into physical form in legal tender recognized by the Government of Gibraltar. VeraOne maintains its gold reserves at Geneva Freeport, a top-security warehouse in Switzerland.

VRO currently holds a market cap of almost $29 million, which sounds modest by the standards of the entire crypto market, but still makes the token the fifth-highest-capped asset in the Tokenized Gold category.

 (NNN) is a gold-backed crypto launched in 2022 by the Austria-based Novem Gold Blockchain GmbH. The token is based on BNB Chain, and is backed by the company's gold reserves held in Austria, which are stored in a secure in-house vault.

Novem's NNN token can be easily redeemed for gold bars at various LBMA-accredited dealers. NNN currently has a market cap of $23 million.

 (GOLDAO) and Gold Token (GLDT) are related tokenized gold cryptocurrencies launched by the Gold DAO decentralized project on the 

 (ICP) blockchain. GOLDAO serves as the project's primary governance token for the DAO, while GLDT is the main utility asset that represents tokenized gold and allows for flexible and liquid cross-chain trading. Every 100 GLDT is equivalent to 1 gram of gold.

The physical gold backing the project's tokens is held in Switzerland, and the vaults are regularly audited by third parties, including KPMG, one of the world's leading auditors.

GOLDAO currently has a market cap of $12 million, while GLDT's cap is just $610,000, the lowest figure among all tokenized gold cryptocurrencies with reportable caps.

 (CGO) is another token whose value and backing are based on one gram of gold of 999.9 purity. Launched in 2022 on the XDC Network/XinFin blockchain by the Dubai-based ComTech Gold, the 

 focuses on meeting the needs for digital tokenized gold products in the Middle East region.

The physical gold is stored and insured with Transguard Group, a trusted security solutions organization in the UAE. It can be redeemed at any time, with a minimum redemption amount of just 10 grams. ComTech Gold is regulated by the Dubai Airport Free Zone Authority (DAFZA) and endorsed by local UAE government body DMCC.

CGO has a market cap of $10.65 million and trades at around $97, similar to most other cryptos tracking the price of one gram of gold.

 (tXAU) was launched in late 2022 by Aurus, another Dubai-based fintech company. The tXAU token is based on Ethereum and 

 (POL). Each tXAU token is backed by LBMA-certified gold. Aurus states on their website that the reserves backing tXAU are securely held in vaults and regularly audited, though no specifics on the vault locations are provided.

tGOLD currently has a market cap of $7.92 million. Note that, although the token is said to be backed by one gram of gold, its current price is $84.84, notably lower than gold's price of $97. This discrepancy could be due to the token's current supply-and-demand dynamics.

 (VNXAU) is a multichain token backed by LBMA-grade gold held in vaults in Lichtenstein, and registered with the Financial Market Authority (FMA) Liechtenstein. While this tiny European country isn't the most common choice for tokenized gold projects, it features a solidly stable economy and high regulatory standards in its financial sector. Among the major chains on which VNXAU is present are Ethereum, 

VNXAU currently has a market cap of just $2.55 million.

 (XNK) is an ERC-20 crypto token that tracks the price of one fine troy ounce of gold with a purity of 99.9%, was launched in March 2024 on Ethereum by Kinka (BVI) Ltd. In September 2024, the project also established its presence on 

The gold bullion that’s used is provided by Kinka's parent company, Daiichi Commodities Company Ltd., a leading gold-trading company in Japan. This gold meets the standards set by LBMA, and is stored in Loomis International's high-security warehouses around the world.

Besides being available on several crypto exchanges, including 

 (UNI), XNK can be purchased directly from the issuer's website. This over-the-counter (OTC) option requires a minimum order of 0.1 ETH.

XNK's current market cap stands at close to $1.5 million.

Highly valued throughout the history of human civilization, gold remains among the most popular assets in modern financial markets as well. The world's premier precious metal is an excellent hedge against volatility and bear markets, and owning tokenized gold is also a great way to hold an asset with real-world backing and additional trading capabilities.

11 best gold-backed cryptos offering real asset security in 2025

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