Gold (XAUUSD) perpetual futures
7 tracked venues quote Gold perpetual contracts.
What the XAUUSD data shows
Hyperliquid holds 95.8% of the $290.9m in reported XAUUSD open interest. Extended is next with 4.2%.
Longs pay shorts on all 3 venues. Aevo charges the most at +12.26% a year, and Extended the least at +3.50%.
Reported 24-hour XAUUSD volume was $109.5m, which is 37.6% of the open interest.
Lighter quoted XAUUSD at $4 146 and Ostium at $4 141, a gap of 12.3 bps.
- Source: public feeds of 7 tracked venues for XAUUSD, read when this page was generated.
Where to Trade Gold (XAUUSD) Perpetual Futures
Fees and leverage limits apply venue-wide; check XAUUSD terms with the venue.
Gold (XAUUSD) market overview
XAUUSD identifies gold prices quoted in US dollars. This page groups gold-related perpetual markets from tracked venue feeds. Each venue defines its contract size, price reference, collateral, and trading rules; the shared symbol does not make the contracts identical.
Identify the gold reference
The LBMA price guide describes gold benchmark auctions at set times. A benchmark auction price differs from a continuously quoted venue price. A gold perpetual can use another source, so its contract specification must identify the reference.
PerpFinder's gold group can include both direct gold references and contracts that reference a gold token. For example, the dYdX source mapping groups XAUT-USD under XAUUSD. A token reference adds the token's market price behavior to the comparison. The displayed price alone does not establish a right to physical gold.
Understand pricing outside reference hours
XYZ commodity documentation describes external gold prices from spot markets, with scheduled gaps in external coverage. Its oracle documentation explains how an internal price process operates when external inputs are unavailable. That process uses order-book information and resumes external pricing when data returns.
These rules belong to that contract model and do not describe every gold venue. Trading access outside external market hours does not mean that the external gold price continues to update. A reopening can change the reference used to value a position.
Read the gold venue totals
The real-world asset market comparison covers the feeds used for the gold price, volume, and open interest panels. The totals concern reported contracts, rather than the value of all physical gold or the entire gold futures market.
PerpFinder does not measure XAUUSD execution costs in its cost comparison. A recorded venue fee excludes gold spread, slippage, holding charges, and closing costs. Check the exact contract and its trading hours before you compare two quoted prices.
Frequently Asked Questions — Gold (XAUUSD)
What open interest data is available for XAUUSD?
3 venues report positive XAUUSD open interest in this read.
The XAUUSD total leaves out venues outside the read.
How does a Gold perpetual futures contract differ from the underlying asset?
A Gold perpetual tracks the Gold price, with no expiry date and no ownership of Gold.
Check each venue for Gold trading hours and the price source.
Category: Commodity