Commodity
Commodity tokens: digital assets backed by real-world resources like gold and oil.
Top gainers this week
Top losers this week
$USOR has led the category 4 days running this week
$UNOS -104 places this week
Up 15 places this week, $PAXG is gaining ground
$XAUt · 0 gem score this week
$USOR hit a gem score of 70 this week
$BTC is down 32% this week
154 tokens rose and 8 fell this week
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
U.S OilUSOR | $0.0004148 | -3.8% | -18.5% | -30.3% | $423,289 | $868.89 | 69.25 | 95,146 | 0.8759 | – | |
Gold Pegged CoinGPC | $0.6996 | -1.7% | – | – | $73,123 | $1,064 | 30.19 | 2,690 | 0.2992 | – | |
PAX GoldPAXG | $4,042 | -1.4% | – | – | $871,391 | $201,541 | 18.42 | 51 | – | – | |
Brent CrudeBRENT | $0.0001618 | -1.2% | -0.9% | -53.7% | $164,867 | $71.51 | 33.38 | 4,506 | 0 | – | |
Tether GoldXAUt | $4,018 | -1.1% | -1.3% | -0.8% | $109.98M | $41,473 | 66.85 | 2,108 | 0.5024 | – | |
Tether GoldXAUt | $4,018 | -1.1% | -1.3% | -2.2% | $110.55M | $161,587 | 65.26 | 2,541 | 0.2937 | – | |
GOLDGOLD | $4,063 | -0.8% | -0.1% | -0.4% | $2.32M | $46,981 | 69.19 | 9,671 | 0.3916 | – | |
XRPXRP | $0.05124 | 0.0% | 58,630.7% | 58,630.7% | $62.09 | $0 | 50.1 | 5,443 | 0.3576 | – | |
Stategic American Oil Reserve (SAOS)SAOS | $0.0001147 | 0.0% | 5,531.9% | 5,531.9% | $114,653 | $0 | 49.6 | 1,117 | 0.829 | – | |
CRUDECRUDE | $0.05513 | 0.0% | 2,253.7% | 2,253.7% | $0 | $0 | 49.45 | 2,380 | 0.8153 | 0 | |
ORDI BRC20ORDI | $0.0000211 | 0.0% | 123.2% | 123.2% | $126.57 | $0 | 49.39 | 23,127 | 0.9516 | – | |
OilCoinOIL | $0.0002573 | 0.0% | 38,266.4% | 38,266.4% | $0 | $0 | 48.56 | 1,745 | 0.4299 | 0 | |
GLOBAL DIGITAL OIL RESERVE(GDOR)GDOR | $0.06126 | 0.0% | 4,405.9% | 4,405.9% | $0 | $0 | 48.02 | 1,256 | 0.7008 | 0 | |
Strategic American Oil Supply (SAOS)SOAS | $0.06218 | 0.0% | 787.2% | 787.2% | $0 | $0 | 44.51 | 1,333 | 0.703 | 0 | |
GOLDGOLD | $0.05149 | 0.0% | -25.5% | -25.5% | $0 | $0 | 37.41 | 574 | 0.8345 | 0 | |
GOLDGOLD | $0.06384 | 0.0% | 372.3% | 372.3% | $38,033 | $0 | 36.45 | 564 | 0.3969 | – | |
GLOBAL DIGITAL OIL RESERVE(GDOR)GDOR | $0.05143 | 0.0% | 3,197.2% | 3,197.2% | $0 | $0 | 30.39 | 170 | 0 | 0 | |
World Trust Oil ReserveWTOR | $0.000322 | 0.0% | 251.6% | 251.6% | $321,975 | $0 | 29.24 | 906 | 0 | – | |
United States Bull Oil ReserveUSBOR | $0.0005112 | 0.0% | – | – | $0 | $0 | 29.23 | 28,903 | 0.2242 | 0 | |
Vanguard Oil ReserveVDOR | $0.0002736 | 0.0% | 3,155.0% | 3,155.0% | $273,579 | $0 | 29.23 | 106 | 0 | – | |
Digital Oil Chain TechnologyDOCT | $0.0003469 | 0.0% | – | – | $0 | $0 | 29.13 | 27,472 | 0.2253 | 0 | |
Federal Oil FundFOF | $0.002777 | 0.0% | 146.0% | 146.0% | $2.78M | $0 | 28.85 | 1,107 | 0 | – | |
U.S. OIL RESERVE OF VENZUELAUSOROV | $0.0006039 | 0.0% | – | – | $0 | $0 | 28.85 | 23,791 | 0.2285 | 0 | |
WTI Crude OilWTI | $0.0001095 | 0.0% | 605.3% | 605.3% | $109,537 | $0 | 28.22 | 298 | 0 | – | |
OILOIL | $0.001119 | 0.0% | 91.9% | 91.9% | $1.12M | $0 | 28.22 | 1,107 | 0 | – |
Frequently asked questions
How has Commodity performed recently?
The Commodity token category has shown mixed signals over the last seven and thirty days. Breadth for both periods indicates a significantly higher number of tokens, 144, were up compared to 19 that were down. U.S Oil (USOR) stands out with the highest score of 70.221 and a 3-day streak as the leader. On the climbing side, United Global Oil Reserve (UGOR) and Strategic American Oil Supply (SAOS) each climbed 3 ranks. Conversely, United Nations Oil Supply (UNOS) experienced a significant drop, falling 103 ranks with a score percentage decrease of 37.9%. Other notable fallers include GOLD, decreasing by 9 ranks, and Bitcoin (BTC), which fell 2 ranks with a substantial score percentage decrease of 47.1%.
What are commodity tokens?
Commodity tokens are a type of cryptocurrency that represents a claim on a specific quantity of a physical commodity, such as gold, silver, oil, or real estate. They aim to bridge traditional commodity markets with blockchain technology.
How do commodity tokens work?
These tokens typically work by having a verifiable reserve of the underlying physical commodity held by a custodian. Each token issued is backed by a corresponding unit of that commodity, allowing investors to gain exposure to commodity price movements on a blockchain.
What are the benefits of investing in commodity tokens?
Benefits can include increased liquidity compared to physical commodities, fractional ownership, lower transaction costs in some cases, and the ability to trade 24/7 on cryptocurrency exchanges. They can also offer a more accessible way to invest in commodities without direct physical custody.
Are commodity tokens regulated?
The regulatory status of commodity tokens varies significantly depending on the jurisdiction and the specific design of the token. Some may be subject to securities regulations, while others might be treated differently. It is important for investors to research the regulatory landscape for any specific token and their location.
What risks are associated with commodity tokens?
Risks include price volatility of the underlying commodity, counterparty risk associated with the token issuer and custodian, potential for regulatory changes, smart contract vulnerabilities, and liquidity risks. As with any investment, due diligence is crucial.