On March 4, 2026, LBank Labs released its latest report, revealing that its precious metals futures business has achieved exponential growth, with total trading volume surpassing $6 billion and attracting over 20,000 independent users. The report highlights the increasing demand for safe-haven assets among global investors, while the boundaries between traditional finance and digital assets are rapidly merging, driving robust development in this sector.
Among various products, GOLD (gold) leads with a trading share of 35.78%, followed by SILVER (silver) at 28.48%, and XAUT (gold-backed token) at 15.92%, demonstrating the market's strong recognition of digitized precious metal assets. Since the launch of GOLDUSDT and SILVERUSDT perpetual contracts on January 5, 2026, the platform has expanded to nine types of precious metal derivatives, covering rare metals such as XPT (platinum), XPD (palladium), XCU (copper), XNI (nickel), and XAL (aluminum), providing users with diversified, high-leverage (up to 500x) cross-market trading tools.
According to CoinGlass data, as of February 25, the open interest for GOLDUSDT reached $31.46 million, setting a historical record for centralized exchanges, with a 24-hour increase of 199.69%; SILVERUSDT's open interest also rose to $13.46 million, with a growth of 2.37%. Overall, precious metals futures showed the most significant growth in the global derivatives market on that day, reflecting ample market liquidity and increased trader confidence.
LBank Labs CEO Czhang Lin stated, “Precious metals futures are becoming a key hub connecting the physical commodity market and the digital asset ecosystem. By bringing traditional precious metals like gold and silver onto the blockchain, we are breaking down the technological and institutional barriers between traditional finance and the crypto world, enhancing price discovery efficiency, optimizing cross-market hedging capabilities, and increasing the freedom of capital flow.”
To deepen user engagement, the platform has launched promotional initiatives such as XAUT BoostHub, aimed at enhancing product awareness and liquidity. In the future, LBank Labs will continue to expand its precious metals product line, strengthen infrastructure development, and promote collaboration with more ecosystem partners, committed to building a new trading paradigm that integrates the value of traditional assets with blockchain technology innovation.