Bybit introduces yield-bearing gold product on tokenized gold. Two XAUT savings products are offered: flexible staking with returns of up to 11% APR, and fixed-term savings with up to 12% APR.

Bybit has launched XAUT Earn, a yield-bearing product built on Tether Gold (XAUT) that lets users earn interest on tokenized gold while retaining price exposure to the underlying metal. According to Bybit’s announcement, the exchange now offers two XAUT savings options: a flexible staking product with returns of up to 11% APR and a fixed-term savings product with up to 12% APR. XAUT itself is a tokenized gold asset where each token represents one fine troy ounce of physical gold held in custody, giving users on-chain exposure to gold prices. The launch targets a gap in both traditional gold markets and existing tokenized gold products, which historically have functioned as passive stores of value without an income component. Bybit positions XAUT Earn as a way to combine gold’s perceived defensive characteristics with yield generation, effectively layering an interest-bearing structure on top of tokenized gold holdings. This fits into a broader industry trend of real-world asset (RWA) tokenization and yield products, as exchanges and DeFi platforms experiment with turning familiar assets such as gold into collateral and income-generating instruments. Bybit frames the product as part of its strategy to expand its suite of asset-backed yield offerings and to bridge traditional and digital finance. XAUT Earn also underscores competitive dynamics among centralized exchanges seeking differentiated yield products beyond standard crypto lending and staking. While specific details of Bybit’s underlying yield strategies are not fully disclosed in the press material, the offering aligns with a growing market for structured yield products that hedge or manage the underlying asset’s price risk while passing part of the return to holders. For market participants, the move is notable both as another data point in the maturation of tokenized commodities and as a test case for whether users will embrace yield-bearing versions of traditionally non-yielding assets such as gold. "entities":["Bybit","XAUT Earn","Tether Gold","XAUT","Tether","tokenized gold","real-world assets (RWA)"]}"} Note: The above is the final answer in the required JSON response format. The brief field contains the 2–3 paragraph background, and the entities` field lists the key entities mentioned in the story. If you need the brief in a different format (e.g., plain text only), please specify.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Bybit Introduces Yield-Bearing Gold Product Offering APR on ... (prnewswire.com)
• Bybit Launches Yield Product Tied to Tokenized Gold (coinmarketcap.com)
• Bybit just rolled out a yield‑bearing version of Tether Gold - Binance (binance.com)
• Bybit launches yield-bearing tokenized gold product tied to XAUT (tradingview.com)
• Trade gold & silver on Bybit (bybit.com)

Explore the topic

• Yield-Bearing
• Bybit
• Gold