CommodityMedium Volatility

Trade Synthetic XAG

Half precious metal, half industrial input, twice the volatility of gold.

Trading Hours

24/7

Collateral

cUSDC

Holding cost

No funding rate

Chain

Solana

About Silver

Silver is pulled in two directions at once. Safe-haven flows lift it alongside gold, while industrial demand ties it to manufacturing and solar. The result is a metal that moves further in both directions than gold does, which is what makes the gold/silver ratio a trade in its own right.

How to trade XAG here

1

Mint L/S Tokens

Deposit stablecoins to receive paired XAG-L and XAG-S tokens.

2

Pick a side

Sell the leg you don't want. Keep L to be long, S to be short.

3

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)

Silver follows gold on the monetary side and industrial demand on the other, so it reacts both to weekend risk events and to Asian manufacturing data released overnight. The gold/silver ratio is watched around the clock by people who cannot trade it around the clock.

What people do with XAG

Gold/silver ratio trades
Industrial demand plays
Volatility trading

The two legs

XAG-L (Long Token)

Rises when Silver does. Hold it as long as you like: there is no funding and no carry on the long leg.

XAG-S (Short Token)

Rises when Silver 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 XAG

The XAG book is live. Long and short quotes, at whatever hour suits you.