Orderly Network, a renowned platform offering infrastructure for decentralized finance (DeFi) trading, has shared innovative news: Gold ($XAU) and Silver ($XAG) trading have become fully on-chain real-world assets (RWA). The main purpose of this change is to highlight Gold ($XAU) and Silver ($XAG) as new on-chain assets by bridging traditional commodities with DeFi.
Both metals now have a strong presence in the digital world by being tokenized, allowing users to trade gold and silver globally on-chain. The tokenization process means that digital representations of these assets directly reflect the value of their real-world counterparts. Moreover, their prices are closely pegged to real-world market prices. Orderly Network has released this news through its official X account.
Gold at $4,300 Signals Its Enduring Power as Orderly Bridges TradFi and Crypto
Recently, Gold hit $4300 this year, which is a sign of being a valuable asset in this digitalized world among other assets. It retains its legacy from many decades; moreover, Gold ($XAU) sits inside a 13 trillion-dollar global market.
Central banks have been purchasing up to almost 1000 tons a year. Gold has a glorious history and remains in the market with a distinct position among other crypto assets. Basically, Orderly Network is actively building the connection between traditional finance (TradFi) scale and crypto speed.
Orderly Brings Gold and Silver On-Chain Using the Same Engine as Crypto Perps
Orderly Network uses institutional-grade oracle feed for RWA markets, same as an engine used by other crypto perps, now powers Gold and Silver. These oracles are also feeding PragmaOracle, finageltd, and Trademade. So, after this, there are multiple functions, such as institutional-grade Oracle, Crypto Perps Engine, and Unified margin, under this one account.
Now, people have the chance to construct a complete, expanded portfolio for Crypto majors, Index markets, Gold and Silver, and Yield through Omnivault, all in one place. RWA markets are now shifting towards on-chain, onward old assets besides crypto in the same trading engine, while trading $XAU and $XAG with 20x leverage.
