Tether Gold

The market-cap-to-TVL ratio, currently 0.866608, is worth monitoring because for a gold-backed token it reflects how closely the token's aggregate market price tracks the recorded value of the gold it represents, and meaningful divergence in either direction could indicate redemption pressure or a premium forming. The dilution overhang of 15.49 percent represents the share of tokens that have been issued but are not yet in circulating supply, so changes to that figure would show whether new tokens are being redeemed into or withdrawn from circulation. The asset is 16.03 percent below its recorded all-time high with 211 days elapsed since that peak, and tracking how that gap evolves alongside the spot gold market can indicate whether any performance difference between XAUT and physical gold is widening or narrowing. Finally, annualized downside deviation of 23.52 percent over the trailing 90 days captures how much of the token's price movement has been to the downside, a figure that would be informative to compare against equivalent measures for gold itself.

Escrito por um modelo de linguagem de IA a partir dos dados listados abaixo, em 27 Aug 2026 04:30 UTC.