Gold Goes Omnichain: Bybit Fuels 100% Yield Race on TON

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its tokenized gold offerings by integrating XAUT (tokenized gold) onto the TON network via XAUT0. The move, which launched on August 29, 2025, allows users to deposit and withdraw tokenized gold on the TON blockchain, enabling faster, lower-cost transactions and enhanced interoperability within one of the fastest-growing blockchain ecosystems. This integration builds on Bybit’s ongoing efforts to increase the utility and flexibility of digital assets for traders, investors, and institutions.

To commemorate the launch, Bybit introduced a Special Earn Campaign, running until September 26, 2025, offering annualized returns of up to 100% APR on XAUT deposits. The campaign is structured to provide varying rewards based on the amount of XAUT deposited and the user’s account status. New users depositing a minimum of 0.02 XAUT will receive 100% APR. Existing users who deposit 0.04 XAUT or more are eligible for 20% APR, while VIP users meeting the same threshold can access 25% APR and higher staking limits. The rewards are distributed on a first-come, first-served basis and are available while supplies last, emphasizing the limited-time nature of the offer.

The initiative aligns with Bybit’s broader strategy to enhance accessibility and innovation in the digital asset ecosystem. By pairing tokenized gold with TON’s blockchain infrastructure, the exchange aims to provide users with unique opportunities to participate in high-yield events while exploring new financial tools. The campaign also underscores the growing convergence between traditional finance and decentralized finance, as platforms like Bybit continue to integrate real-world assets into the blockchain space.

Meanwhile, the XAUT0 token, a cross-chain version of Tether’s XAUT, continues to expand its presence across multiple blockchains. Following its initial deployment on TON, XAUT0 has now launched on the Polygon network through the USDT0 operator, Everdawn Labs. The integration brings XAUT0 to its third blockchain and reflects the project’s broader vision to provide interoperable, cross-chain liquidity for gold-backed stablecoins. XAUT0 operates by allowing users to deposit Tether’s XAUT into a specific contract on Ethereum, effectively minting a cross-chain version of the token.

The USDT0 network, which supports XAUT0, has seen significant growth since its launch in January 2025, with a market capitalization reaching nearly $1.6 billion within two months. In comparison, XAUT0 has grown more slowly, reaching a market cap of $2.5 million as of mid-August 2025. The expansion onto Polygon is seen as a strategic move, as the network is recognized for its robust infrastructure and widespread adoption in the DeFi and stablecoin sectors.

Polygon’s infrastructure, including upgrades like AggLayer and the Bhilai Hardfork, makes it an ideal environment for omnichain liquidity projects such as USDT0 and XAUT0. The integration is expected to facilitate seamless stablecoin transfers and introduce gold-backed liquidity into one of the most widely used blockchain networks. This move is part of a broader trend of cross-chain interoperability, with stablecoin platforms seeking to enhance liquidity and usability across multiple ecosystems.

Bybit’s integration of XAUT on TON and the continued expansion of XAUT0 on multiple blockchains highlight the increasing role of tokenized real-world assets in the evolving crypto landscape. As Tether’s XAUT and XAUT0 gain more visibility, their utility in cross-chain transactions and yield-generating opportunities is expected to grow, supported by partnerships with major platforms and infrastructure providers.

Source:

[1] Bybit Adds Tokenized Gold (XAUT) to TON Network With Earn Yields Up to 100% (https://www.dlnews.com/external/bybit-adds-tokenized-gold-xaut-to-ton-network-with-earn-yields-up-to-100/)

[2] USDT0 and XAUt0 stablecoins launch on Polygon network (https://www.coinglass.com/ru/news/543356)