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StandX Launches Sacred Gold and Silver Trading, Market Momentum Reaches Tens of Billions of Dollars in Volume
Recent developments in the collateralized trading ecosystem bring exciting news, as StandX officially launched continuous trading access for gold and silver starting last January. This initiative demonstrates the platform’s commitment to expanding the range of investment instruments available to traders worldwide.
Innovative Gold and Silver Products Attract Market Interest
The launch of gold and silver contracts marks a significant expansion in the collateralized trading ecosystem using DUSD as the collateral basis. Users can now maintain exposure to precious metals while earning returns from their collateral assets. This strategy adds value for fund holders, offering two benefits in a single trading instrument.
Growth in Volume and Liquidity Surpasses Initial Expectations
Trading data shows a highly positive market response to these new products. The market depth for BTC at 10 basis points reached 800 BTC, while total transaction volume within 24 hours exceeded $10 billion. These achievements indicate high adoption levels and trader confidence in the platform.
Maker Point Initiative and Uptime Accelerate Ecosystem Growth
The maker point program and the newly launched maker uptime mechanism have played a crucial role in increasing overall depth and trading volume on StandX. These incentive systems encourage better liquidity and active participation from the liquidity provider community, creating a mutually beneficial synergy.
This growth momentum reflects market confidence in the platform and the long-term potential of the trading ecosystem supported by high-quality products like gold and silver.