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
$WSOS -85 places this week
$ROAR fell 62 places this week
$USGR sank to a 3 gem score this week
$PAXG · 76 gem score this week
73 tokens rose and 83 fell this week
$PGOLD climbed 85 places this month
@panteoAsset-Backed+2•4$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 month. In the last 7 days, 74 tokens were up and 83 were down. U.S. OIL WEST TEXAS RESERVE (USOWTR) climbed significantly, with its score increasing by 210.9%. Other notable climbers included Vanguard Oil Retirement Fund (VORF) at 49.9% and Global Oil Asset Fund (GOAF) at 102.2%. World Strategic Oil Supply (WSOS) and Russian Oil Asset Reserve (ROAR) were among the fallers, with WSOS seeing its score decrease by 84.9%. Paxos Gold (PAXG) recorded the highest score, maintaining a 7-day streak as the leader. Over the 30-day period, 99 tokens were up and 58 were down. Pleasing Gold (PGOLD) and LandX Finance (LNDX) were among the significant climbers, while Western Gold Reserve and World Strategic Oil Supply (WSOS) were among the fallers, with WSOS's score decreasing by 84.9% again and Western Gold Reserve by 69.8%. Paxos Gold (PAXG) continued its strong performance, holding the highest score and maintaining a 30-day streak as the leader. Tether Gold (XAUt) entered the top K during this 30-day window, while U.S Oil (USOR) exited.
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.