Commodity
Tokenized commodities bring real-world assets to the blockchain, offering new investment avenues.
Top gainers this week
Top losers this week
7 days at the top this week: $PAXG is dominating the category
Down 86 places this week, $ASOS is losing steam
$WOFI -76 places this week
$WOTF fell 74 places this week
$WOFI · 3 gem score this week
$PAXG · 77 gem score this week
94 tokens rose and 67 fell this week
Down 120 places this month, $WOFI is losing steam
@panteoAsset-Backed+2•4$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 shows mixed signals over the last 7 and 30 days. In the past week, 82 tokens were up and 56 were down. PAXG was a strong performer, leading with a 7-day streak and the highest score. Climbers included Pleasing Gold (PGOLD), LandX Finance (LNDX), US OIL TRUMP (USOL), GoldCoin, and Lode Markets (LODE). Conversely, World Oil Fund Institution (WOFI), GULD, Western Gold Reserve (WESTERN GOLD RESERVE), American Strategic Oil Supply (ASOS), and United Oil Trust Fund (UOTF) were among the fallers. Over the 30-day period, the market was more balanced with 66 tokens up and 72 down. PAXG continued its strong performance with a 30-day streak and the highest score. Key climbers were Pleasing Gold (PGOLD), LandX Finance (LNDX), United States Water Reserve (USWR), GoldCoin, and Dominion Silver (SILV). U.S Oil (USOR) was a new entrant into the top K, while MAG7.ssi exited the top K. The largest fallers included World Oil Fund Institution (WOFI), Western Gold Reserve (WESTERN GOLD RESERVE), United Oil Trust Fund (UOTF), American Strategic Oil Supply (ASOS), and petrocoin (PETRO).
What are tokenized commodities?
Tokenized commodities are digital representations of physical commodities, such as gold, silver, oil, or agricultural products, stored on a blockchain. Each token typically represents a unit or a share of the underlying physical asset.
How do tokenized commodities work?
These tokens are issued on a blockchain and are often backed by actual physical commodities held in a secure vault or storage facility. The token's value is designed to reflect the price of the underlying commodity, providing a digital way to invest in these assets.
What are the benefits of investing in tokenized commodities?
Benefits include increased accessibility to commodity markets, fractional ownership, enhanced liquidity compared to physical assets, lower transaction costs, and transparency through blockchain technology.
Are tokenized commodities regulated?
The regulatory landscape for tokenized commodities is still evolving and can vary significantly by jurisdiction. Investors should research the specific regulations applicable to the token and platform they are considering.
What types of commodities can be tokenized?
A wide range of commodities can be tokenized, including precious metals (gold, silver), industrial metals, energy products (oil, natural gas), and agricultural products (corn, wheat, coffee). Commodity indices can also be tokenized.