2025年观看的前11个金牌的加密货币

2025年初，已经迎来了一系列金融市场的变化，这主要是由唐纳德·特朗普（Donald Trump）的新总统管理造成的。

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年初的几个月中，金融市场的变化很大，这在很大程度上是由唐纳德·特朗普的新总统管理带来的。美国公共支出，关税战争的威胁以及在美国及其贸易伙伴之间的关系中的新范式的大幅削减范围内没有令人不安的市场，并引起股票价格和投资者的情绪受到打击。

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

随着股票潜水，加密市场也放慢了速度，反映了不同市场的投资者中普遍存在的整体负面看法。

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.

世界上主要的贵金属商品黄金正在在很大程度上下降的投资者情绪下降的气氛中激增。对于熟悉金融市场历史的任何人来说，这并不令人惊讶。当库存被锤打时，黄色金属总是做得很好，并且依赖增长的资产的前景酸化。

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日的撰写本文时，在过去的10天中，Gold的价格增长了约5％。对于加密投资者来说，这种变化似乎微不足道，他们的资产价格习惯了更加动荡的波动。尽管如此，它还是一个值得注意的每周跳跃，这是一种以其价格稳定性和低波动性而闻名的资产。

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.

作为黄金集会，加密投资界的许多人都将注意力转向了以前不起眼的市场类别 - 金牌的加密货币。尽管更广泛的加密市场相当昏昏欲睡，但该类别中的加密货币正在发布每周增长率，几乎反映了黄金价格的增长。如果您是一个不确定性时期寻找安全港的加密货币投资者，那么金牌的代币可能就是答案。在本文中，我们将涵盖截至2025年3月24日的十大金牌加密货币，该加密货币几乎构成了该小型类别总市值的全部。

Key Takeaways:

关键要点：

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

金牌的加密货币是由发行人或授权的第三方保管人持有的实物黄金储备保护的链资产。

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.

系绳黄金（XAUT）和PAX Gold（PAXG）是该领域的主要加密货币，共同拥有利基市场总市值的四分之三。

What is a gold-backed cryptocurrency?

什么是金牌的加密货币？

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.

金牌的加密货币是一个令牌化的数字资产，其价值通常由黄金持有的储量支持。在某些情况下，代币发行人持有用于支持加密货币的黄金储备。在其他情况下，第三方信任的托管人代表发行人维护基本的实物储备。

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货币是在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）。该地区的另一位著名球员Perth Mint Gold Token（PMGT）在2019年至2023年之间运作。

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.

黄金支持的加密货币可让您将黄金所有权变成一种更灵活的液体形式，以供在分散的金融（DEFI）应用中使用链接使用。

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.

除了购买黄金加密资产作为对冲市场的对冲，您还可以通过Bybit Gold＆FX交易来交易黄金和其他资产类别（例如加密货币，外汇和市场指数）。该产品可让您访问多资产交易机会，以及诸如高达500倍的高杠杆，紧张的差距，竞争费和24/7的支持。

How do gold-backed cryptocurrencies work?

黄金支持的加密货币如何工作？

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，黄金支持的加密货币基于物理黄金储量。储备维护的确切机制可能会有所不同。一些项目自己存储黄金，而另一些项目则依靠外部托管人来处理存储。

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.

这些加密货币吸引了想要加密货币但更喜欢现实世界资产的安全性的投资者。 Gold是数字资产的绝佳支持，因为它是一种良好的且受人尊敬的商品。在市场低迷时期，随着股票和加密货币的投资，黄金的价值往往会上升，并有可能提升金牌的加密货币。

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.

像市场上的任何其他资产一样，金牌的代币也具有独特的利弊。一个骗局是，在蓬勃发展的市场中，与标准加密货币或其他高增长资产相比，它们倾向于提供较低的回报。另一个缺点是缺乏统一的监管机制，以确保金储量实际上存在，维持在声称的水平上，并由值得信赖的政党持有。对于较小的项目，足够的流动性也可能是一个问题。

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

从积极的一面来看，这些资产的最大优势是在熊市期间的安全性：随着金融市场向南变成南方，金牌的加密货币比其他加密货币更有可能持有其价值。另一个关键专业人士是拥有由现实世界的资产支撑的代币 - 这是一种绝佳的方式