One gold perpetual · 24/7
Gold Trading Platform
Trade the gold price around the clock: a perpetual on Tether Gold with leverage up to 100x and USDT margin, weekends included.
XAUTUSD in four numbers
New to gold perpetuals? Start with what is XAUUSD.
Gold perpetual in 3 steps
From a USDT deposit to an open contract, at any hour of any day.
Deposit USDT
Sign in with a wallet, email or social account and deposit USDT. There is no traditional KYC; deposits pass automated AML screening.
Size the contract
Margin is notional divided by the leverage you choose.
Choose the order type
A resting limit order pays 0.015%, a market order 0.045%, so a 5,000 USDT taker order costs 2.25 USDT. Cashback of up to 35% reduces that further.
Gold trading routes compared
What you end up holding, when you can trade it and what it costs.
| Route | You hold | Hours | Cost |
|---|---|---|---|
| EVEDEX XAUTUSD | A perpetual position, no metal | 24/7 | 0.015% maker, 0.045% taker |
| IG spot gold (100OZ) | A CFD on the gold price | Weekday sessions | Minimum spread 0.3 points |
| iShares Gold Trust | A share in a gold trust | Exchange hours | 0.25% a year, taken by the trust |
Tether Gold, explained
A perpetual contract priced against Tether Gold, settled in USDT, with no metal changing hands at any point.
Priced on Tether Gold
One XAUT represents one troy ounce of physical gold held in a vault in Switzerland by TG Commodities Limited. Trading it gives you neither the bar nor the token, only the position.
No expiry, no roll
The contract never settles, so there is no delivery month to roll and no session calendar. Funding is calculated every 8 hours and charged hourly at one eighth of the rate.
Leverage in stated tiers
100x applies to positions up to $30,000 of notional, then 90x up to $101,000 and 50x up to $386,000. Margin is cross only and denominated in USDT.
What is missing
There is no spot XAU, no XAUUSD listing, no gold options and no physical delivery. Gold sits here as one pair among 52 perpetuals, not as a metals desk.
XAUTUSD vs XAUUSD
Two gold tickers that are easy to mix up.
XAUUSD
The spot gold quote that forex brokers offer, usually as a CFD, during weekday sessions.
XAUTUSD on EVEDEX
A perpetual contract priced against Tether Gold, where one XAUT stands for one troy ounce of vaulted gold. It trades 24/7 and settles in USDT.
Which one to use
XAUUSD for broker accounts on weekdays; XAUTUSD for gold exposure in USDT with leverage, including weekends.
FAQ
XAUTUSD is a perpetual futures contract on EVEDEX priced against Tether Gold, where one XAUT represents one troy ounce of physical gold held in a Swiss vault by TG Commodities Limited. The contract is margined in USDT and never expires, so nothing is delivered or settled in metal.
No. XAUUSD is the spot gold quote offered by forex brokers, usually as a CFD. EVEDEX does not list XAUUSD at all; it lists one perpetual contract priced on Tether Gold, margined in USDT and open 24/7, where a broker's gold market closes for the weekend.
No. Trading the contract gives you a position, not a bar and not XAUT tokens. Profit and loss settle in USDT on your EVEDEX balance. Anyone who wants the metal itself, or the token itself, needs a bullion dealer or a venue that sells XAUT directly.
The contract trades 24 hours a day, seven days a week, with no session breaks and no delivery months. Exchange-listed gold futures and broker gold markets both pause for sessions, holidays and the weekend, which is the main practical reason traders look at a perpetual.
Up to 100x on positions worth up to $30,000 of notional, then 90x up to $101,000 and 50x up to $386,000. The cap falls as the position grows. At 100x a 1% adverse move in the gold price is enough to consume the initial margin.
Fees are capped at 0.015% maker and 0.045% taker before cashback and apply only to executed orders, so a 5,000 USDT taker order costs 2.25 USDT. Cashback of up to 35% on your own trades lowers the effective rates to 0.00975% and 0.02925%.
Funding keeps the perpetual close to its underlying price and passes directly between longs and shorts, with EVEDEX taking no side. It is calculated every 8 hours for the pair and charged hourly at one eighth of the rate, weekends included, so a held position pays or earns it.
It is small next to the majors, so limit orders and position sizes matched to the order book matter more here. A $500,000 ADL Protection Reserve has run since July 18, 2026.
