Tokenized commodities

Gold, held as a redeemable claim and priced on-chain.

Tokenized commodities sit beside tokenized stocks in the watchlist because they are the same idea. An off-chain asset represented on-chain. Anyone looking for one is usually looking for the other.

ALLOCATED METALAuON-CHAIN TOKENGold, and only gold — no silver token trades as a USDT pair
An off-chain asset represented on-chain, and a CFD on that token's price.

Gold, and only gold

The tokens in this sub-market are backed by allocated gold, each unit representing a quantity of metal a holder of the token itself could redeem. What is quoted here is a CFD on that token's price, so redemption is a feature of the underlying instrument rather than something this contract gives you.

Silver is not offered. There is no silver-backed token trading as a USDT pair on the venue this desk prices from, so listing one would mean quoting a market we cannot hedge or price honestly. If that changes, it will appear in this sub-market.

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