2025年觀看的前11個金牌的加密貨幣

2025年初，已經迎來了一系列金融市場的變化，這主要是由唐納德·特朗普（Donald Trump）的新總統管理造成的。

The early months of 2025 have seen a flurry of changes in financial markets, largely brought about by the new US presidential administration of Donald Trump. Drastic cuts to US public spending, the threat of tariff wars and a new paradigm in the relationship between the US and its trading partners have unnerved markets and caused stock prices and investor sentiment to take a hit.

2025年初的幾個月中，金融市場的變化很大，這在很大程度上是由唐納德·特朗普的新總統管理帶來的。美國公共支出，關稅戰爭的威脅以及在美國及其貿易夥伴之間的關係中的新範式的大幅削減範圍內沒有令人不安的市場，並引起股票價格和投資者的情緒受到打擊。

As stocks have dived, the crypto market has also slowed, reflecting the overall negative outlook prevalent among investors across different markets.

隨著股票潛水，加密市場也放慢了速度，反映了不同市場的投資者中普遍存在的整體負面看法。

The world’s primary precious metal commodity, gold, is surging in an atmosphere of largely declining investor sentiment. This is hardly surprising to anyone familiar with the history of financial markets. The yellow metal has always done well when stocks are getting hammered and the outlook for growth-dependent assets is souring.

世界上主要的貴金屬商品黃金正在在很大程度上下降的投資者情緒下降的氣氛中激增。對於熟悉金融市場歷史的任何人來說，這並不令人驚訝。當庫存被錘打時，黃色金屬總是做得很好，並且依賴增長的資產的前景酸化。

As of the time of this writing on Mar 24, 2025, gold’s price has appreciated by around 5% over the past 10 days. This change might seem insignificant to crypto investors, who are used to much more volatile swings in the prices of their assets. Still, it represents a notable weekly jump for gold, an asset known for its price stability and low volatility.

截至2025年3月24日的撰寫本文時，在過去的10天中，Gold的價格增長了約5％。對於加密投資者來說，這種變化似乎微不足道，他們的資產價格習慣了更加動蕩的波動。儘管如此，它還是一個值得注意的每週跳躍，這是一種以其價格穩定性和低波動性而聞名的資產。

As gold rallies, many in the crypto investment world are turning their attention to a previously unassuming category of the market — gold-backed cryptocurrencies. While the broader crypto market is rather lethargic, cryptocurrencies in this category are posting weekly growth rates that virtually mirror the growth in the price of gold. If you’re a crypto investor looking for a safe harbor in these times of uncertainty, gold-backed tokens might just be the answer. In this article, we’ll cover the top 11 gold-backed cryptos as of Mar 24, 2025, which together make up nearly the entirety of this small category’s total market capitalization.

作為黃金集會，加密投資界的許多人都將注意力轉向了以前不起眼的市場類別 - 金牌的加密貨幣。儘管更廣泛的加密市場相當昏昏欲睡，但該類別中的加密貨幣正在發布每週增長率，幾乎反映了黃金價格的增長。如果您是一個不確定性時期尋找安全港的加密貨幣投資者，那麼金牌的代幣可能就是答案。在本文中，我們將涵蓋截至2025年3月24日的十大金牌加密貨幣，該加密貨幣幾乎構成了該小型類別總市值的全部。

Key Takeaways:

關鍵要點：

Gold-backed cryptocurrencies are on-chain assets secured by physical gold reserves held by their issuers or authorized third-party custodians.

金牌的加密貨幣是由發行人或授權的第三方保管人持有的實物黃金儲備保護的鏈資產。

Tether Gold (XAUt) and Pax Gold (PAXG) are the leading cryptos in this area, together holding around three-quarters of the niche’s total market capitalization.

繫繩黃金（XAUT）和PAX Gold（PAXG）是該領域的主要加密貨幣，共同擁有利基市場總市值的四分之三。

What is a gold-backed cryptocurrency?

什麼是金牌的加密貨幣？

A gold-backed cryptocurrency is a tokenized digital asset whose value is typically supported by reserves held in gold. In some cases, the token issuer holds the gold reserves used to back the cryptocurrency. In other cases, a third-party trusted custodian maintains the reserves of the underlying physical gold on behalf of the issuer.

金牌的加密貨幣是一個令牌化的數字資產，其價值通常由黃金持有的儲量支持。在某些情況下，代幣發行人持有用於支持加密貨幣的黃金儲備。在其他情況下，第三方信任的託管人代表發行人維護基本的實物儲備。

The earliest notable gold-backed cryptocurrencies were launched around 2019–2020. Among these are Tether Gold (XAUt), which was introduced in 2020, and Pax Gold (PAXG), which debuted in 2019. Another notable player in this area, Perth Mint Gold Token (PMGT), operated between 2019 and 2023.

最早的著名金牌加密貨幣是在2019 - 2020年左右推出的。其中包括在2020年推出的Tether Gold（XAUT），以及2019年首次亮相的Pax Gold（Paxg）。該地區的另一位著名球員Perth Mint Gold Token（PMGT）在2019年至2023年之間運作。

Gold-backed cryptos let you turn gold ownership into a more flexible and liquid form for on-chain use, e.g., in decentralized finance (DeFi) applications.

黃金支持的加密貨幣可讓您將黃金所有權變成一種更靈活的液體形式，以供在分散的金融（DEFI）應用中使用鏈接使用。

Besides buying gold crypto assets as a hedge against the volatile crypto market, you can also trade gold and other asset classes — such as crypto, forex and market indices — via Bybit Gold&FX Trading. This product lets you access multi-asset trading opportunities alongside benefits like high leverages of up to 500x, tight spreads, competitive fees and 24/7 support.

除了購買黃金加密資產作為對沖市場的對沖，您還可以通過Bybit Gold＆FX交易來交易黃金和其他資產類別（例如加密貨幣，外彙和市場指數）。該產品可讓您訪問多資產交易機會，以及諸如高達500倍的高槓桿，緊張的差距，競爭費和24/7的支持。

How do gold-backed cryptocurrencies work?

黃金支持的加密貨幣如何工作？

As noted above, gold-backed cryptocurrencies are based on physical gold reserves. The exact mechanics of the reserve maintenance can vary. Some projects store the gold themselves, while others rely on external custodians to handle the storage.

如上所述，黃金支持的加密貨幣基於物理金儲備。儲備維護的確切機制可能會有所不同。一些項目自己存儲黃金，而另一些項目則依靠外部託管人來處理存儲。

These cryptocurrencies appeal to investors who want crypto exposure, but prefer a real-world asset’s security. Gold serves as an excellent backing for a digital asset, as it’s a well-established and widely respected commodity. During market downturns, as stocks and cryptocurrencies plunge, gold tends to rise in value, potentially lifting gold-backed cryptos up with it.

這些加密貨幣吸引了想要加密貨幣但更喜歡現實世界資產的安全性的投資者。 Gold是數字資產的絕佳支持，因為它是一種良好的且受人尊敬的商品。在市場低迷時期，隨著股票和加密貨幣的投資，黃金的價值往往會上升，並有可能提升金牌的加密貨幣。

Like any other asset on the market, gold-backed tokens have unique pros and cons. One con is that in a booming market, they tend to offer lower returns as compared to standard cryptocurrencies or other high-growth assets. Another drawback is the lack of unified regulatory mechanisms to ensure that the gold reserves actually exist, are maintained at the claimed levels and are held by a trustworthy party. Sufficient liquidity can also be an issue for smaller projects.

像市場上的任何其他資產一樣，金牌的代幣也具有獨特的利弊。一個騙局是，在蓬勃發展的市場中，與標準加密貨幣或其他高增長資產相比，它們傾向於提供較低的回報。另一個缺點是缺乏統一的監管機制，以確保金儲量實際上存在，維持在聲稱的水平上，並由值得信賴的政黨持有。對於較小的項目，足夠的流動性也可能是一個問題。

On the positive side, the biggest advantage of these assets is security during bear markets: as financial markets turn south, gold-backed cryptos are more likely to hold their value than other cryptocurrencies. Another key pro is owning tokens propped up by a real-world asset — an excellent way

從積極的一面來看，這些資產的最大優勢是在熊市期間的安全性：隨著金融市場向南變成南方，金牌的加密貨幣比其他加密貨幣更有可能持有其價值。另一個關鍵專業人士是擁有由現實世界的資產支撐的代幣 - 這是一種絕佳的方式