GOLD-BTC Perpetual Futures | Trade Gold in Bitcoin on Roxom
A new standard for hard-money markets, where gold meets Bitcoin.
Introduction
For centuries, gold has defined monetary stability. It was the anchor behind the dollar, the measure of trust between nations, and the refuge when fiat lost credibility. But in the digital era, Bitcoin has inherited that role, borderless, programmable, and truly scarce.
Now, for the first time, traders can bring both worlds together: gold and Bitcoin, in a single market.
GOLD-BTC, Roxom’s BTC-settled perpetual futures contract, lets you trade the global price of gold directly in Bitcoin.
No USD, no stablecoins, no banks, just pure hard-money exposure.
It’s part of Roxom’s mission to build the first global capital market system denominated in Bitcoin, where commodities, equities, and currencies are all quoted and settled in BTC.
1. What Is GOLD-BTC?
GOLD-BTC is a perpetual futures contract tracking the price of one troy ounce of gold, represented by PAX Gold (PAXG), a fully backed ERC-20 token where each unit equals one ounce of physical gold held in London vaults.
Unlike traditional gold futures on COMEX, which are dollar-based and settle monthly, GOLD-BTC trades 24/7, has no expiry, and settles entirely in Bitcoin.
That means you can hold long or short positions on gold, expressed directly in BTC, no conversions, no fiat margin, just Bitcoin as both collateral and settlement currency.
Core specifications:
| Parameter | Details |
|---|---|
| Contract Code | GOLD-BTC |
| Underlying Indices | • Gold leg: 4-hour VWAP composite of PAXG across Binance (PAXG/USDT, PAXG/USDC) and Coinbase (PAXG/USD).• BTC leg: 4-hour VWAP of BTC/USDT and BTC/USD across Binance, Bybit, Coinbase. |
| Contract Size | 1 PAXG token ≈ 1 troy ounce of gold |
| Quote / P&L Currency | BTC |
| Tick Size | 0.01 |
| Trading Hours | 24 / 7 continuous order book |
| Funding Snapshots | 00:00 UTC • 08:00 UTC • 16:00 UTC |
| Funding Rate Formula | Premium Index + Interest Rate (0.03 % / day, capped ± 3 % per 8 h) |
| Max Leverage | 10× |
| Maintenance Margin | 50 % of initial margin |
| Order Types / TIF | Limit, Market, GTC, GTD, IOC |
Because both gold (via PAXG) and Bitcoin trade continuously, GOLD-BTC runs a true 24/7 market, no gaps, no after-hours freeze.
It’s gold priced in Bitcoin, live around the clock.
2. Why It Matters
Gold has been the foundation of value for millennia. Yet trading it still happens through fiat-denominated systems, burdened by intermediaries, settlement times, and restrictions.
Bitcoin, by contrast, is digital, global, and permissionless, but it shares gold’s fundamental properties: scarcity, durability, and independence from governments.
GOLD-BTC unites these two hard-money assets in one instrument, giving traders the ability to:
- Hold gold exposure denominated in Bitcoin, not dollars.
- Measure store-of-value performance between the old standard (gold) and the new (BTC).
- Diversify portfolios within the crypto ecosystem, using BTC as the sole margin.
It’s a bridge between the analog and digital stores of value, a modern gold standard, priced in the hardest currency ever invented.
Correlation Dynamics
- During crises (e.g. March 2020, mid-2022), gold and BTC often diverged — gold rising as a safety asset, BTC selling off with risk.
- In inflationary waves (e.g. 2021–2022), both tended to rise together.
- The correlation typically fluctuates between –0.2 and 0.3, making GOLD-BTC an ideal cross-market instrument for traders betting on which hard money outperforms.
BTC-Denominated Perspective
When you denominate gold in Bitcoin, the long-term chart tells a story: gold, once the dominant monetary base, has lost value vs. BTC almost every year since 2013.
GOLD-BTC makes that tradeable, letting you long Bitcoin against gold’s declining purchasing power, or hedge the reverse.
3. Trading Opportunities
Relative-Value & Macro Trades
- Long GOLD-BTC → you expect gold to outperform BTC (e.g. risk-off environment).
- Short GOLD-BTC → you expect BTC to outperform gold (risk-on rally, halving cycles, monetary expansion).
Traders can express macro themes like “digital gold vs. physical gold” without touching USD.
Portfolio Diversification
Crypto funds can use GOLD-BTC to hedge volatility, when BTC draws down, gold often holds steady or rises.
Holding both BTC spot and a long GOLD-BTC position can smooth portfolio returns.
Pure BTC Collateralization
Traditional gold futures require cash margin; GOLD-BTC doesn’t.
You can collateralize, trade, and settle entirely in Bitcoin, maintaining crypto-native capital efficiency.
24/7 Arbitrage and Hedging
Because both assets trade nonstop, arbitrage opportunities emerge across gold token markets and BTC pairs — especially around funding-rate imbalances or volatility spikes between crypto and traditional hours.
4. Future Outlook
Gold’s Role in the Bitcoin Era
Gold’s $13 trillion market still dwarfs Bitcoin’s, but the narrative is shifting.
As nations accumulate BTC reserves and institutions adopt Bitcoin as treasury collateral, the relative value between gold and Bitcoin becomes one of the most important macro trades of the decade.
Toward a Bitcoin-Denominated Commodity Market
GOLD-BTC is a key part of Roxom’s vision: a 24/7, global, Bitcoin-settled stock exchange.
As other contracts (OIL-BTC, US500-BTC) roll out, Bitcoin becomes the universal unit of account for the world’s assets, the return of the hard-money standard, digitally rebuilt.
Conclusion
GOLD-BTC brings gold, the world’s oldest money, into Bitcoin’s monetary universe.
It lets traders measure, hedge, and speculate on the relationship between two of the most important stores of value in history, entirely in BTC.
You no longer need fiat to express the trade that defines this century: gold versus Bitcoin.
This is what Bitcoin-denominated capital markets look like, open, global, and built on hard money.
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