According to BlockBeats citing CoinGecko data, tokenized gold spot trading reached $90.7 billion in the first quarter of 2026 as of May 11, exceeding 2025’s full-year total of $84.64 billion.
PAXG and XAUT dominated the market, accounting for 34.2% to 82.5% and 14.8% to 64.6% of monthly trading volumes respectively. Over the past 15 months, PAXG averaged $5.72 billion and XAUT averaged $5.32 billion in monthly spot trading, while the overall average monthly total reached $11.69 billion.
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