Matrixdock Gold (XAUM): What It Is, Uses and Risks

Matrixdock Gold, ticker XAUM (the project styles it XAUm), is a tokenized gold product. According to the project, each token is backed 1:1 by one troy ounce of fine-weight, high-grade gold certified by the London Bullion Market Association (LBMA). The project's documentation describes the gold as 99.99% purity and says it sits in high-security vaults.

So XAUM is not a new currency or a protocol token with its own economy. It is a digital claim on a specific quantity of physical metal, packaged as a standard token that can sit in a crypto wallet. The project says the total token supply will always match the gold it holds, which is the core promise holders are relying on.

The token began on Ethereum and BNB Chain as ERC-20 and BEP-20 versions, and it has since been issued on several other networks. This page does not give a launch date, because none is stated. It sits in the real-world asset (RWA) and tokenized gold categories.

The main use is simple exposure to the gold price without handling bars or arranging vault storage. A holder can own a fraction of an ounce or several ounces as tokens and move them around like other crypto assets, at any hour, rather than within bullion market hours.

Matrixdock also pitches XAUM as a building block for on-chain finance. In its February 2026 announcement about expanding to Solana, the project said holders can use tokenized gold as collateral, reach on-chain liquidity and take part in DeFi strategies. A July 2025 post on the project blog framed a combined position in gold and Bitcoin within one on-chain setup.

The practical uses people talk about are:

• holding gold-linked value in a wallet
• posting it as collateral where a lending or trading venue accepts it
• moving value between supported chains
• keeping a gold allocation next to other crypto holdings

Whether a given dApp accepts XAUM, and on what terms, is up to that dApp, so check each one directly.

XAUM has no fixed maximum supply in the data, and its supply is designed to follow the gold held rather than a preset schedule. The project says supply will always match the underlying gold holdings. In practical terms, tokens are created when gold is added and removed when it is redeemed, though the exact minting and redemption process should be read in the official documentation.

At the time of writing, about 17,360 tokens were in circulation, and total supply was the same figure. That implies roughly 17,360 troy ounces of gold behind the token if the 1:1 backing holds. There is no team allocation, vesting schedule or emissions program described in the data, so none should be assumed.

Because supply equals circulating supply, the fully diluted value and market cap are the same, about $71.4 million as of 2026-11-05. The token ranked around 345 by market cap at that point. These figures change constantly and are shown only for context.

XAUM is multichain. The data lists issuance on Ethereum, BNB Chain, Solana, Polygon, Tron, Sui, Stellar, Hyperliquid L1, Plume Mainnet and Arc. It is not the native token of any chain. Each version is a token on its host network, so the address and the supported wallets differ from chain to chain.

In general terms, holders keep XAUM in a wallet that supports the relevant network, or on a centralized exchange that lists it. Trading happens on exchanges and decentralized venues, and activity is modest. About $434,720 changed hands over 24 hours as of 2026-11-05, small against a market cap above $71 million, so large orders may move the price or be hard to fill.

Redeeming tokens for physical gold or for cash directly with the issuer usually carries its own conditions, such as account verification and minimums. Those conditions are not in the data, so check the official documentation before assuming you can redeem.

XAUM tracks the price of gold, so its price should sit close to the market price for an ounce of gold, with small gaps from trading conditions. As of 2026-11-05, the token traded at about $4,110.95, up about 2.3% over seven days and about 3.9% over one year.

The data shows an all-time high of about $5,574.96 on 2026-01-29 and an all-time low of about $2,563.55 on 2024-12-19. The spread between those marks mostly reflects movements in gold itself during that period rather than anything unique to the token.

The Solana expansion in February 2026 is the notable event. Beyond that, the data does not give a launch date, audits or other milestones, so this page does not list them. Anyone researching the token should read the project's own documentation and any published vault or attestation reports for the full record. Past price moves say nothing about future ones, and this page does not predict prices.

Holding XAUM carries gold price risk plus several risks specific to tokenized assets.

• Issuer and custody risk. The 1:1 backing depends on the issuer and vault operators actually holding the gold. Look for independent attestations or audits and read what they cover.
• Redemption risk. Your ability to turn tokens into metal or cash depends on the issuer's terms, which may include verification, fees and minimums.
• Smart contract and bridge risk. Multiple chains mean multiple contract deployments, and any cross-chain transfer adds technical risk.
• Liquidity risk. Daily volume is thin relative to market cap, so spreads can widen and large trades may be costly.
• Regulatory risk. Rules for tokenized commodities differ by country and can change, which may affect access.
• Price gap risk. The token can trade a little above or below the gold spot price.

None of this is advice to buy or sell. Treat the token as a financial product and size any position with that in mind.

XAUM is a standard token, so the usual wallet safety rules apply. Pick a wallet that supports the specific network your tokens are on, and confirm the contract address from the project's official documentation before you add or buy. Copycat tokens with similar names are a common trap.

For larger amounts, a hardware wallet keeps your private keys offline. Write your recovery phrase on paper or metal, store it away from your devices, and never type it into a website or share it with anyone, including anyone claiming to be support.

Before a large transfer, send a small test amount. Check that the sending and receiving networks match, because a token sent on the wrong chain may be lost. Be careful with approvals when using DeFi apps, and revoke permissions you no longer need.

If you leave tokens on an exchange, you rely on that company's security and solvency. Self-custody gives you control but also full responsibility for your keys.