Trade Synthetic XAU
Gold exposure on-chain, with no vault and nothing to deliver.
24/7
cUSDC
No funding rate
Solana
About Gold
Gold trades on its own drivers, so its correlation to equities and to crypto sits near zero rather than reliably negative. It rises on plenty of the days everything else falls, and it also fell with equities in March 2020 and again through 2022. Near zero rather than dependably inverse is what makes it a diversifying leg. Synthetic exposure gets you the price without a vault, a delivery schedule or a custodian, and the token is usable as collateral like anything else on Solana.
How to trade XAU here
Mint L/S Tokens
Deposit stablecoins to receive paired XAU-L and XAU-S tokens.
Pick a side
Sell the leg you don't want. Keep L to be long, S to be short.
Take it elsewhere
Post it as collateral on a lending market, or trade it on any Solana DEX.
When you can trade it
24/7 on Continuum (vs. COMEX limited hours)
Gold never really sleeps: London sets a benchmark price twice a day, Asian demand shows up while New York is dark, and every geopolitical shock over a weekend arrives as a Monday gap. COMEX hours are a formality rather than the market.
What people do with XAU
The two legs
XAU-L (Long Token)
Rises when Gold does. Hold it as long as you like: there is no funding and no carry on the long leg.
XAU-S (Short Token)
Rises when Gold falls, which is what makes it a hedge. The short leg carries a volatility decay, so it is not free to hold.
Related markets
More commodity
Trade XAU
The XAU book is live. Long and short quotes, at whatever hour suits you.