Tether Gold XAUT

XAUT has moved +0.34% in the last day, -4.77% over the week, and -4.77% over the past month. The all-time high of $5,505 was set 129 days ago, leaving XAUT at 78.1% of that peak. Reclaiming the record would require a 28% advance from here. With both the weekly and monthly trends negative, the path of least resistance remains lower for now.

Volatility & risk

Realised volatility for XAUT is currently relatively contained, with a 7-day annualised reading near 21%. That makes it calmer than most large caps (less volatile than 76% of peers), which can suit lower-risk allocations. Day-to-day ranges are wide by traditional-asset standards but restrained for crypto.

Liquidity & trading depth

Over the last 24 hours roughly $95.64M changed hands, equal to about 3.6% of the circulating market value turning over in a day. That is thin turnover relative to market cap, so larger trades can move the price meaningfully and spreads may widen in stress. Liquidity health scores 27/100 on our composite, which blends 24-hour volume against market capitalisation.

Correlation with Bitcoin & markets

Over the past week, XAUT's hourly returns show a correlation of 0.23 with Bitcoin. That is a loose link — XAUT has moved with relative independence from Bitcoin, which can add diversification to a crypto basket. Correlation regimes shift, so this figure is a snapshot rather than a constant.

On-chain value & TVL

The DeFi ecosystem built on or powered by Tether Gold currently secures roughly $3.07B in total value locked (TVL) — the dollar value of assets deposited in its protocols. Against a market capitalisation of $2.64B, that gives a market-cap-to-TVL ratio of 0.86. A ratio below 1 means XAUT's market value is smaller than the capital its ecosystem secures — a configuration value investors often read as relatively cheap, though it can also signal a token whose price has lagged its on-chain usage. TVL is a useful gauge of real economic usage, but it rises and falls with token prices, so read it alongside the trend in deposits rather than the dollar figure alone.

Our outlook blends three independent lenses. The technical model reads momentum as neutral and frames a near-term band of $3,871 to $4,817. The statistical model, driven by realised volatility, centres near $4,240 with a one-horizon spread of $3,492 to $5,290. The relative model, anchored to how comparable top-100 assets have performed (median -0.08% over the past week), points to $3,955 to $4,730. Blending the three yields the horizon-by-horizon ensemble in the table below. Model confidence is High, reflecting data completeness and liquidity. These are probabilistic scenarios generated from market data — not guarantees, and not financial advice.

Tether Gold has a circulating supply of 612,824 XAUT. There is no fixed hard cap; total supply currently stands near 707,747 tokens. Without a ceiling, long-run scarcity depends on the protocol's issuance and any burn mechanics. Fully diluted valuation and circulating market cap can diverge sharply when a large share of tokens is still locked, so both are worth comparing before drawing conclusions about value.

Tether Gold (XAUT) is the 37th-ranked cryptocurrency tracked on TBN Express, with live pricing, derived risk metrics and a multi-model outlook refreshed throughout the day. The profile below combines project information with our own quantitative read of how XAUT is trading right now.