Real-World Assets · Review
ActiveMeld Gold Review 2026: Tokenised Gold and Silver on Algorand
Meld Gold issues tokenised gold and silver on Algorand and XRPL, with each token tied to one gram of metal held in vaults. Its main draw is simple exposure to precious metals, but fees and audit details are not clear.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.0/10
Mixed
Our verdict on Meld Gold
6.0/10Meld Gold suits holders who want simple, token-based exposure to gold or silver on Algorand or XRPL and are comfortable relying on an issuer and vault network. Its strength is the clear one-token-per-gram model and support from established wallets. The main caveat is limited published detail on fees, redemption and audits, so read the Audit and Convert pages before putting in money.
Score breakdown
How Meld Gold scores
- Security
- 5.5/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Meld Gold?
Meld Gold is a tokenised precious metals platform. It issues digital tokens on Algorand and XRPL that are backed by physical gold and silver, with one token equal to one gram of metal according to DefiLlama.
The site says it aims to let individuals and businesses tokenise metal, trade it on-chain, see pricing and ownership data, and streamline the supply chain from miners to refiners to retailers. The founder, Michael Cotton, is shown on the homepage at an XRP Ledger event in 2024.
DefiLlama has tracked it since May 2023 and shows about 4.2 million USD in TVL. There is no native token and no audits listed on DefiLlama, though the site has a Live Audit page. Anyone considering it should read that page directly.
How Meld Gold works
Meld Gold issues blockchain tokens that each represent one gram of a precious metal, such as gold or silver. According to DefiLlama, the metal is held in a network of secure vaults and facilities, and tokens are fully redeemable.
Holders can keep the tokens in compatible wallets, trade them where supported, or use them in some lending platforms. The homepage names Folks Finance among the ecosystem partners for lending on Algorand.
The value of a token follows the spot price of the metal. Its reliability depends on the issuer actually holding the metal, which is why audit and vault information matters.
7 features
Key features
01
Gram-backed metal tokens
Each Meld Token equates to one gram of the corresponding precious metal, per DefiLlama. The tokens are described as redeemable and held in a network of secure vaults.
02
Gold and silver
The platform offers gold and silver tokens, and the homepage shows live prices in USD and AUD.
03
Multi-chain presence
Meld assets are described as accepted across the Algorand and XRPL ecosystems, giving holders more than one network to use them on.
04
Wallet and platform support
The homepage lists Pera Wallet, Ledger, Fireblocks and Defly for custody and holding, and Folks Finance for lending. BTC Markets, Pact and Algomint are also listed.
05
Pricing and ownership data
The site says users can see real-time pricing and ownership information for the tokenised metals.
06
Supply chain focus
Meld says it aims to serve miners, refiners and retailers as well as individual investors, aiming to streamline the gold supply chain.
07
Convert and audit pages
The site navigation includes a Convert section and a Live Audit page, pointing to conversion tools and ongoing audit reporting.
Pros and cons
What we like
- Simple concept: one token equals one gram of gold or silver.
- Tokens are described as fully redeemable for physical metal held in vaults.
- Support from known wallets and platforms such as Pera Wallet, Ledger, Fireblocks and Folks Finance.
- Available in the Algorand and XRPL ecosystems.
- Live prices in USD and AUD and a dedicated audit page on the site.
- No separate governance token, so exposure is just to the metal.
Watch out for
- No audits are listed on DefiLlama, and its homepage does not describe the audit findings or the auditor.
- Fee schedule for minting, converting, redeeming and storage is not published.
- Redemption mechanics, minimums and eligible regions are not described publicly.
- Counterparty risk: value depends on the issuer and vault operators actually holding the metal.
- TVL is small, about 4.2 million USD, and fell 1.8% over seven days.
- Homepage marketing language is promotional and gives few verifiable details on legal structure or custody.
Meld Gold fees
Fees are not published publicly available for this review. That includes minting, conversion, redemption, storage and network fees.
Users should check the Convert section and the app before transacting. Network fees on Algorand or XRPL, and any exchange spreads on partner platforms, would be additional.
Is Meld Gold safe?
Meld Gold's safety rests on custody and the issuer rather than only smart contracts. The tokens are described as backed by metal in vaults, so holders rely on the issuer and vault network to hold the metal and honour redemptions. The project does not name the vault operators or legal structure.
DefiLlama lists no audits, while the website has Audit and Live Audit pages whose contents are not public. No hacks or incidents appear. Regulatory status is not stated, so check the rules for tokenised commodities where you live.
6 steps
How to get started with Meld Gold
- 1
Read the About and Audit pages on the official site to understand who holds the metal and what is audited.
- 2
Set up a supported wallet such as Pera Wallet or Defly for Algorand.
- 3
Check that your country and account type are permitted to use the app.
- 4
Review the pricing and conversion terms in the Convert section before committing funds.
- 5
Start with a small amount to learn the process, including how to send and receive tokens.
- 6
Look into redemption terms if you intend to take delivery of physical metal.
Who Meld Gold is for
Meld Gold is for crypto users who want to hold gold or silver without leaving the blockchain, particularly those already using Algorand or XRPL wallets. It also targets businesses in the metals supply chain. It is less suitable for anyone who needs fully documented fees, legal structure and audit results before they start.
Meld Gold FAQs
What is Meld Gold?
Meld Gold is a platform that tokenises physical gold and silver. According to DefiLlama, one Meld Token equals one gram of the matching precious metal, described as fully redeemable and housed in secure vaults.
Which blockchains does Meld Gold support?
The homepage says Meld Gold assets are accepted across the Algorand and XRPL ecosystems. DefiLlama lists only Algorand for its TVL tracking.
Can I redeem Meld tokens for physical gold?
DefiLlama describes the tokens as fully redeemable for the underlying metal. The project does not explain how redemption works, any minimums or fees, so check the Convert section of the official site before relying on it.
Where can I use Meld Gold tokens?
The homepage lists Pera Wallet, Folks Finance, Algomint, BTC Markets, Fireblocks, Pact, Ledger and Defly as part of the ecosystem. It does not detail the nature of each integration, so confirm support in the app you plan to use.
Is Meld Gold audited?
DefiLlama lists no audits and shows no governance or utility token for the project. The site has an Audit page, which readers should open to see what is actually covered and by whom.
Is Meld Gold risk-free?
Not necessarily. A tokenised metal tracks the metal's price, which can fall, and adds issuer, custody and smart-contract risk. This is not financial advice.
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Sources
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