Tag
PAXG
3 articles
Tokenized Gold Hits $90B Q1 Volume, Yet DeFi Adoption Stalls at 1 Percent
Gold-backed tokens flood spot markets while sitting dormant in lending protocols, exposing a gap between trading activity and actual blockchain utility.
Tokenized Gold Survives DeFi Stress Test, but Only 1.5% Lands in Lending Markets
RedStone's Q1 report shows XAUT and PAXG weathered gold's worst weekly drop in 40 years, yet just $63M of $4.2B in supply is deployed as collateral on Aave and Morpho.
Tokenized Gold Cleared a DeFi Stress Test, but 98% Sits Idle
RedStone's Q1 report shows $90.7B in tokenized gold spot volume yet just $63M deployed as collateral on Aave and Morpho—1.5% of a $4.2B market.