A leading exchange has just launched precious metals perpetual contracts under ADGM regulation—Gold ($XAUUSDT) and Silver ($XAGUSDT)—settled in USDT. The product issued by Nest Exchange Limited is quite interesting, especially as it can provide pricing and risk management mechanisms even during traditional market closed hours. In simple terms, this is building a bridge between the crypto market and traditional financial assets. As various trading pairs gradually expand, users can cover a broader asset allocation strategy on a single platform. From a compliance perspective, ADGM's involvement also gives institutional investors more confidence. Whether they will continue to expand other commodity contracts in the future depends on further official actions.