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CoinDesk·3 min read·medium

Tether Gold now has a dedicated options market on Bybit

O
Omkar Godbole
Tether Gold now has a dedicated options market on Bybit
AI Summary

Bybit has launched a dedicated options market for Tether Gold (XAUT), allowing traders to hedge gold price movements using crypto-native derivatives. The platform partnered with Orbit Markets to ensure liquidity for these European-style contracts.

Why it matters

This represents a significant step in the integration of traditional financial assets with blockchain technology.

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The XAUT options are now live and allow traders to hedge risk, speculate on gold price movements, trade volatility, and build custom strategies through Bybit’s Request for Quote (RFQ) system for over-the-counter (OTC) deals.

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Political Bias
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Confidence: 85%

The report is a factual announcement of a financial product launch without editorializing.

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