RabbitX, a zero-fee decentralized perpetual futures exchange, has partnered with regulated blockchain infrastructure provider Paxos to launch perpetual futures for Pax Gold (PAXG), a gold-backed digital asset. The move represents a step toward real-time, borderless commodities trading—available 24/7 and free from legacy market constraints.
The new offering allows users to trade perpetual futures on PAXG, a token fully backed by physical gold held in custody and regularly audited. Built atop the Ethereum ecosystem and integrated across five leading blockchains—including Arbitrum, Base, Blast, and Sonic—RabbitX is aiming to redefine how investors access and hedge real-world assets in the digital age.
“PAXG integrates the enduring stability of physical gold with the advanced functionality of digital assets,” said Paxos Head of Product, Ronak Daya.
“Our collaboration with RabbitX enables real-time settlement, zero transaction fees, and full on-chain transparency for gold futures trading,” Ronak added.
Gold, long considered a safe-haven asset amid geopolitical turmoil, is seeing renewed interest as global tensions escalate, particularly around U.S.-China trade dynamics. Investors are increasingly seeking alternatives to traditional markets that are often slow, opaque, and closed during weekends or holidays. RabbitX’s launch of 24/7 gold futures comes at a time when demand for digitally native exposure to hard assets is surging.
RabbitX’s Founder, Ming Wu, described the launch as a “transformative step” for commodities trading. “This is about enabling futures trading of the premier gold-backed token—PAXG—around the clock. No intermediaries, no fees, and no delays.”
Disrupting Traditional Commodities Markets
Historically, trading commodities like gold has relied on centralized exchanges with restricted hours, high fees, and significant counterparty risk. The London Metal Exchange’s 2022 nickel market crisis, which triggered the cancelation of billions in trades and raised concerns about systemic risk, underscored the vulnerabilities of traditional setups. RabbitX’s model, which offers real-time settlement, direct on-chain custody, and automated margining, seeks to eliminate these risks.
Key advantages of the RabbitX-Paxos offering include:
- 24/7 Market Access: Unlike legacy systems tied to business hours, RabbitX supports around-the-clock trading, including weekends and global holidays.
- No Intermediaries: Users can manage exposure directly via decentralized smart contracts, eliminating broker dependency.
- Real-Time Risk Management: Cross-margining and instant settlement mitigate cascading liquidations and systemic contagion.
- On-Chain Custody: All transactions are cryptographically verified, reducing counterparty and insolvency risk.
- Zero Trading Fees: The fee-less structure enhances accessibility for both retail and institutional participants.
Bridging DeFi and Traditional Finance
This collaboration marks a broader trend toward integrating real-world assets into decentralized finance (DeFi). Commodities remain one of the largest and most illiquid asset classes globally, and RabbitX aims to change that by offering seamless cross-margining between crypto-native and traditional asset classes.
Gold has stood the test of time as a store of value, but its trading mechanisms haven’t evolved at the pace of the digital economy. Bringing perpetual gold futures to DeFi with institutional-grade backing is a major leap forward.
With over 100,000 connected users and growing multi-chain support, RabbitX is rapidly establishing itself as a leading platform for next-gen derivatives.
With the successful launch of PAXG futures, RabbitX is positioning itself as a key venue for real-world asset trading in DeFi, potentially paving the way for future tokenized commodity offerings.
What other real-world assets do you think should be tokenized for 24/7 trading?
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Image Credits: RabbitX
