Gold Token SA DGLD Tokenized Gold

DGLD Price

About Gold Token SA DGLD Tokenized Gold (DGLD)

Gold Token SA DGLD Tokenized Gold is a digital asset providing legally enforceable ownership of physical, investment-grade gold stored securely in Swiss vaults.

• Physical Backing: Each token represents direct ownership of PAMP gold, which is LBMA-accredited and maintained at the highest industry standards.
• Swiss Heritage: The project is issued by Gold Token SA, a subsidiary of MKS PAMP, a leader in the precious metals industry with over 60 years of history.
• Cost Efficiency: DGLD is designed to eliminate traditional barriers to gold investment by offering 24/7 liquidity with zero management or custody fees.

What Is Gold Token SA DGLD Tokenized Gold

Gold Token SA DGLD Tokenized Gold is a tokenized gold asset that bridges the gap between traditional physical gold ownership and digital finance. The project aims to provide a safeguard against systemic risk and fiat currency debasement by enabling users to hold a digital representation of a physical commodity. Value moves through the system as users mint or purchase tokens, which are tied to specific gold bars held in secure Swiss vaults.

As a Real World Assets (RWA) project, DGLD allows the underlying metal to be 'put to work' in decentralized finance ecosystems. Unlike traditional gold investments that may be burdened by intermediation and fees, DGLD is accessible directly from a blockchain wallet. This model scales by integrating with various networks and liquidity protocols, allowing the gold-backed value to participate in modern financial activities without detaching the investor from the physical asset.

What Makes Gold Token SA DGLD Tokenized Gold Unique

• Direct Legal Ownership: DGLD tokens provide a legal representation of direct ownership of specific physical gold bars, rather than just a claim on a pool of gold.
• Physical Delivery: Owners can request the physical delivery of their holdings in amounts as low as 1 gram, a significantly lower threshold than many traditional gold products.
• Zero Custody Fees: The asset is structured to have no management or custody fees, making it a cost-effective alternative to traditional gold ETFs or physical storage solutions.
• Proof of Integrity: Users can verify their holdings through a gold bar mapping tool that identifies the producer, custodian, and quality of the specific bars backing their tokens.

What Can You Use Gold Token SA DGLD Tokenized Gold for?

Gold Token SA DGLD Tokenized Gold is pegged to Physical Gold. Drawing on its status as a gold-backed asset, it serves the following primary use cases:

1. Value retention: The asset allows users to maintain a digital, on-chain representation of Physical Gold, which may help reduce exposure to broader cryptocurrency market volatility by tracking the value of a physical commodity.
2. Yield generation: DGLD can be used in decentralized lending and liquidity provisioning. For example, it is integrated with protocols like Aerodrome and Arrakis on the Base Ecosystem to provide liquidity and potentially earn protocol service fees.
3. Cross-border settlement / value transfer: DGLD provides the capability for international remittances and the global transfer of Physical Gold value, leveraging blockchain technology for instant settlement and 24/7 availability.
4. Collateralization: The tokens can be used as backing for decentralized borrowing and lending protocols, allowing users to unlock liquidity from their gold holdings without selling the underlying asset.

How Does Gold Token SA DGLD Tokenized Gold Work?

DGLD operates as an application utility token on the Ethereum and Base networks. The technical mechanism involves the tokenization of physical gold bars refined and minted by MKS PAMP. When a user acquires DGLD, the smart contract records the transaction on the blockchain, while the corresponding physical gold is allocated and stored in Swiss vaults. The project utilizes a 'gold bar mapping' system that provides transparency by linking digital tokens to specific, serialized physical bars.

Transactions on the network are governed by the underlying blockchain's consensus mechanism, such as Proof of Stake. While the issuer does not charge management fees, users are responsible for standard network transaction fees when moving the token between wallets. The project integrates with security partners like Blockaid and infrastructure providers like Nethermind to ensure the integrity of the smart contracts and the overall ecosystem.

Team Info and Investors

DGLD is issued by Gold Token SA (GTSA), which is the dedicated tokenization arm of MKS PAMP SA. MKS PAMP is a vertically integrated Swiss leader in the precious metals industry, involved in refining, minting, secure vaulting, and trading. The project benefits from the technical partnership of Consensys, which was an early collaborator in the development of the DGLD infrastructure. Governance and regulatory compliance are managed under Swiss laws, with oversight from the VQF (Verein zur Qualitätssicherung von Finanzdienstleistungen), a self-regulatory organization recognized by the Swiss Financial Market Supervisory Authority (FINMA).

Where can you buy Gold Token SA DGLD Tokenized Gold?

DGLD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Gold Token SA DGLD Tokenized Gold is Uniswap V4 (Ethereum), where the most active trading pair DGLD/USDC has a trading volume of $1,644.55 in the last 24 hours.

What is the daily trading volume of Gold Token SA DGLD Tokenized Gold (DGLD)?

The trading volume of Gold Token SA DGLD Tokenized Gold (DGLD) is $3,265.92 in the last 24 hours, representing a -78.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Gold Token SA DGLD Tokenized Gold (DGLD)?

Gold Token SA DGLD Tokenized Gold (DGLD) reached an all-time high of $10,607.93 and an all-time low of $214.61. It’s now trading -60.90% below that peak and 1,834.80% above its lowest price.

What is the market cap of Gold Token SA DGLD Tokenized Gold (DGLD)?

Market capitalization of Gold Token SA DGLD Tokenized Gold (DGLD) is $6,659,711 and is ranked #1294 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DGLD tokens (1.6 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Gold Token SA DGLD Tokenized Gold (DGLD)?

The fully diluted valuation (FDV) of Gold Token SA DGLD Tokenized Gold (DGLD) is $6,659,711. This is a statistical representation of the maximum market cap, assuming total number of 1.6 Thousand ETH tokens are in circulation today.

How does the price performance of Gold Token SA DGLD Tokenized Gold compare against its peers?

With a price increase of 2.40% in the last 7 days, Gold Token SA DGLD Tokenized Gold (DGLD) is underperforming the global cryptocurrency market which is up 4.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Gold Token SA DGLD Tokenized Gold (DGLD) to MetaMask?

Adding Gold Token SA DGLD Tokenized Gold (DGLD) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import DGLD as a token. You can copy DGLD’s contract address (0xa9299c296d7830a99414d1e5546f5171fa01e9c8) and import it manually, or if you've installed MetaMask's chrome extension, add DGLD to MetaMask with one click on CoinGecko.

Add DGLD to MetaMask.