- Eligible Bybit users will now be able to earn up to 11% annual percentage rate (APR) on tokenized gold (XAUT) holdings.
- Tokenized gold, such as XAUT, is a demonstration of the importance of innovation in the financial sector.
Bybit, the world’s second-largest cryptocurrency exchange in terms of trading volume, has released a brand new XAUT Flexible Easy Earn product under the Bybit Earn brand. This offering features an increase in the Annual Percentage Rate (APR) as gold reaches a record price of $4,600. On-chain tokenized gold, such as XAUT, enables users to capitalize on gold’s upward trend while simultaneously earning yield on their holdings. This means that users are able to combine the best of both worlds: wealth preservation and income generation. Traditional gold storage methods involve investors keeping the precious metal without earning interest.
Eligible Bybit users will now be able to earn up to 11% annual percentage rate (APR) on tokenized gold (XAUT) holdings ranging from 0.05 to 0.1 XAUT. Additionally, a basic 1% APR will apply to balances that are greater than 0.1 XAUT, and this upgrade will take effect immediately.
As the price of gold surpassed $4,600 per ounce for the first time, Bybit Earn is increasing in order to satisfy the increased demand for safe-haven assets among investors throughout the world, which is being driven by geopolitical tensions and uncertainties. By the end of the year 2025, the price of gold had increased by 65%, marking the conclusion of its historic surge.
Tokenized gold, such as XAUT, is a demonstration of the importance of innovation in the financial sector. When contrasted to physical gold, it offers a number of distinct advantages:
- Yield Opportunities: The holders of gold have the ability to unleash earning potential on-chain lending and staking, an advantage that was previously impossible with physical gold. This is in addition to the possibility that the price of gold would increase.
- Fractional Ownership: Tokenized gold, such as XAUT, enables ownership to begin at as little as 0.001 XAUT, making it possible for individuals to engage in entry-level investment experiences that are not possible with real gold bars or coins.
- Round-the-clock Global Liquidity: On blockchain platforms, you may trade or transfer quickly around the clock, without having to worry about dealer spreads or other limits imposed by banking hours.
- No Storage Hassles: Through the use of blockchain custody, it is possible to eliminate worries over theft, as well as expenses associated with vaults, insurance, transit hazards, and the need for physical space.
There is no lock-up period, daily interest accumulation, and anytime withdrawals with Bybit’s XAUT Flexible Easy Earn, which makes it stand out from other options. Further encouraging smaller holdings to widen their access to gold-backed dividends is the structure of its tiered annual percentage rate (APR).
Bybit Easy Earn enables traders capitalize on future market upsides and establishes the gold standard for on-chain benefits for CEX users. It offers flexibility as well as maximum exposure to yield possibilities because it maximizes exposure to yield chances.
Source: https://thenewscrypto.com/bybit-launches-xaut-flexible-easy-earn-with-boosted-apr/
