Commodity
Explore commodity-backed cryptocurrency tokens representing real-world physical assets like energy, metals, and agriculture.
Top gainers this week
Top losers this week
7 days at the top this week: $PAXG is dominating the category
$U.S OIL RESERVE OF VENEZUELA fell 72 places this week
$ROAF fell 48 places this week
$PAXG · 78 gem score this week
68 tokens rose and 74 fell this week
Down 79 places this month, $VORF is losing steam
@panteoAsset-Backed+2•4$PAXG presents a compelling thesis. It digitizes physical gold. This resolves persistent friction in traditional asset markets. Physical gold is slow and cumbersome. $PAXG offers instant, verifiable, fractional ownership on-chain. Not mere speculation. This is foundational infrastructure. Institutions will embrace this efficiency. The market still misprices this critical bridge to real-world assets.
Frequently asked questions
How has Commodity performed recently?
The Commodity category has shown mixed signals over the past 30 days, with a broader market of 110 tokens experiencing an upward trend compared to 36 moving downwards. However, the last 7 days saw more balanced activity, with 91 tokens trending up and 55 down. Notably, Paxos Gold (PAXG) stands out as a strong performer, holding the highest score and a 30-day streak as the streak leader, also maintaining this leadership over the last 7 days. In terms of climbers over the past week, US OIL TRUMP (USOL) and American Oil Asset Supply (AOAS) showed significant rank improvements. Over the 30-day period, Drill Oil (OIL) and Digital Gold (GOLD) were among the top climbers. Conversely, several tokens experienced declines. Over the last 7 days, Casascius Coin and World Oil Fund Institution (WOFI) were among the largest fallers, while over the 30-day period, Vanguard Oil Retirement Fund (VORF) and Strategic Oil Supply (SOS) saw notable drops.
What are commodity-backed cryptocurrency tokens?
Commodity-backed tokens are digital assets on a blockchain that derive their value from physical commodities such as precious metals, energy, agricultural products, or composite indices.
How do commodity tokens maintain their value?
Their value is typically pegged or linked to the market price of the underlying physical commodity, often backed by reserves held in secure vaults.
What are the main subcategories of commodity tokens?
The primary subcategories include Agricultural, Energy, Metal, and Index-based tokens, each representing different segments of physical commodities.