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Crypto Daily 2025-05-10 13:56:05

RabbitX and Paxos Launch 24/7 Gold Futures Trading in Industry Shift

In recent news that redefines how investors engage with commodities, decentralized futures exchange RabbitX has partnered with regulated blockchain infrastructure firm Paxos to introduce 24/7 perpetual gold futures powered by the Paxos Gold (PAXG) token. The collaboration aims to unlock continuous access to one of the world's oldest safe-haven assets through a blockchain-native framework. Investors can now trade gold futures any time, any day, including weekends and holidays, with real-time settlement and zero trading fees. Bringing Gold to the Blockchain Era Gold has historically served as a hedge during financial uncertainty, but participating in gold markets typically requires navigating intermediaries, restricted trading hours, and manual settlement processes. RabbitX and Paxos are addressing these pain points by offering on-chain gold futures backed 1:1 by physical gold. PAXG is issued by Paxos Trust Company, a regulated entity that holds the underlying gold in secure vaults and undergoes regular audits. By offering gold perpetuals on RabbitX, traders can now gain exposure to gold price movements transparently, efficiently, and in a decentralized manner, without taking custody of the metal itself. "This launch marks a leap forward in how commodities like gold are traded," said Ming Wu, Founder of RabbitX. "We're giving traders around the world unrestricted access to a historically stable asset — now in a faster, more transparent format." Why Timing Matters The launch comes against a backdrop of heightened macroeconomic uncertainty. With inflation, banking instability, and geopolitical tensions impacting global markets, gold remains a go-to asset for preserving value. Offering gold futures on a decentralized platform meets growing demand from crypto-native investors looking to hedge with real-world assets, without exiting the digital ecosystem. RabbitX's platform operates across multiple blockchain networks, including Ethereum, Arbitrum, and Blast. With over 100,000 connected wallets and deep liquidity for popular pairs like BTC and ETH, the addition of PAXG marks a strategic expansion into the real-world asset (RWA) sector. "This is about bringing traditional assets into the digital age," said Ronak Daya, Head of Product at Paxos. "Our partnership with RabbitX is a natural extension of our mission to modernize financial infrastructure and make financial products more accessible." The PAXG perpetual futures allow users to take long or short positions on the price of gold without expiration. Trades are executed on-chain, and margining, liquidation, and funding payments are all handled algorithmically, removing human error and centralized risk. With no middlemen involved, users benefit from complete transparency, self-custody of funds, and real-time access to market data. RabbitX has also introduced cross-margining, allowing traders to manage risk across assets more efficiently. A Glimpse Into the Future RabbitX's move sets the stage for a broader transformation in trading real-world assets. As regulators and investors grow more comfortable with asset-backed tokens and on-chain finance, this model could extend beyond gold to include oil, equities, and more. For now, the partnership offers a powerful signal: the lines between traditional and decentralized finance are not just blurring, they're being redrawn entirely. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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