tSILVER
TXAG Price
How is the price of tSILVER (TXAG) calculated?
The price of tSILVER (TXAG) is calculated in real-time by aggregating the latest data across 1 exchanges and 1 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
tSILVER Price Chart (TXAG)
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
2.1% | 4.4% | 6.6% | 3.9% | 47.3% | 11.5% |
TXAG Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$1,713,895 |
---|---|
Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$1,713,895 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$3,082.00 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
1,979,484 |
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
1,979,484 |
TXAG Historical Price
24h Range | $0.8649 – $0.9093 |
---|---|
7d Range | $0.8756 – $0.9273 |
All-Time High |
$4.79
82.0%
May 10, 2023 (12 months)
|
All-Time Low |
$0.1023
745.5%
Jun 25, 2023 (10 months)
|
How do you feel about TXAG today?
What Is tSILVER (TXAG)?
tSILVER (TXAG) is a silver-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional precious metals market. Each tSILVER token is 1:1 collateralized by, and redeemable for 1 gram of 99.99% LBMA-accredited silver, stored in fully audited and insured vaults. 30% of the transaction fees generated by tSILVER are distributed to the holders of AurusX (AX).
What are the benefits of tSILVER?
tSILVER is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated silver, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.
Free of recurring storage or management fees, tSILVER offers investors of any size a convenient and cost-effective alternative to traditional silver products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.
With tSILVER, investors can enjoy:
-
Cost-efficient silver accumulation, at fractions above spot market price and grams at a time.
-
Hassle-free storage: carry any amount of silver safely in your pocket by using a digital wallet.
-
Frictionless transactions: send cents worth of silver, virtually instantly across the world at minimal fees.
-
Access to global liquidity: buy and sell silver 24/7, at the convenience of your mobile phone.
What makes tSILVER Unique?
tSILVER was created with sustainability in mind. tSILVER tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralized approach to tokenization ensures that the company can never “touch” or influence the silver traded or vaulted, meaning investors are not subject to a single point of failure.
Aurus embraces the decentralized nature of blockchain: DeFi. Holders can (soon) earn a yield on their silver (tSILVER) holdings by providing liquidity to decentralized exchanges (DEX) trading pools. This, for the first time, positions silver as a productive, yield-bearing asset.
Where Can You Buy tSILVER?
tSILVER can be bought from various Aurus partnered exchanges and precious metals dealers, with multiple fiat and crypto trading pairs available.
Exchanges: CEX.IO (TXAG-USD), QuickSwap (TXAG-ETH)
Precious metals dealers: Direct Bullion (UK), Aurica precious metals (Chile), AgaBullion (Turkey)
What Is Aurus?
Aurus the company behind tSILVER (TXAG), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications. The Aurus platform empowers a global network of precious metals providers, vaults and dealers to autonomously tokenize physical gold, silver, and platinum bullions into tGOLD, tSILVER and tPLATINUM.
Aurus is setting out to create a more inclusive and efficient precious metals market - democratizing access to gold, silver, and platinum for retail and institutional investors alike.
The Aurus Ecosystem
The Aurus Ecosystem is a highly scalable, self-sustaining global network of precious metals providers, vaults and distributors (Aurica Precious Metals, Aga Bullion, Direct Bullion, etc.) that interact with the Aurus blockchain platform to independently mint and distribute precious metals-backed tokens globally.
Value proposition and the pain point that Aurus solves:
B2C - Previously, the only way to invest in silver involved buying from a bullion dealer for a premium and paying storage fees, or through an ETF. While ETFs provide price exposure, they do not represent ownership of physically allocated metals and cannot be redeemed. Aurus precious metal-backed tokens are based on blockchain-based technology, which allows for many contrasting characteristics and makes gold, silver and platinum accessible to a wider audience. The technology allows for: 24/7 trading; fiat/crypto exchange listings; peer-to-peer transfers; instantaneous settlement on all transactions.
B2B - Aurus doesn’t compete, it collaborates with traditional precious metals industry players, providing access to high-tech products, a huge addressable market, and passive revenues. Aurus empowers bullion dealers to offer a new and innovative digital product and execute frictionless instant settlements enabling them to expand into new market geographics and demographics, and access new recurring revenue streams (instead of one-off premiums).
The Aurus Team
Aurus is led by a strong team of commodity and financial industry veterans. See full team here.
Directors:
-
Guido van Stijn - Managing Director
-
Mark Gesterkamp - Business Development
-
Dan Cearnau - Chief Technological Officer
-
Jonathan Boyd - Global Institutional Markets
Board of Non-executive Advisors:
-
Tony Dobra - Tony is a 40-year veteran of the precious metals industry. Working as a physical and derivatives trader in London, Frankfurt, Hong Kong and Luxembourg. He was then the Director of UK’s largest gold refinery, Baird & Co. for ten years.
-
Jason Toussaint - Jason has deep experience in asset management, precious metals, and fintech industries. He was previously CEO of SPDR Gold Shares (GLD), the world’s largest gold ETF, where he led the growth in assets to over $78 billion. He was also Managing Director and Global Head of Investment at the World Gold Council.
-
Grant Angwin - Grant is a 30+ year precious metals industry veteran, having held senior management positions at Johnson Matthey, including President of the North American gold and silver business. He was President of Asahi Refining and has held various roles at global industry associations, including Chairman of the LBMA.
-
Rex Johnson - Rex has extensive experience working in the Finance industry holding a number of senior trading and broking positions. He has been involved in multiple cryptocurrency start-ups and was previously a board member of an FCA-regulated physical Gold trading company.
Where can you buy tSILVER?
TXAG tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade tSILVER is Uniswap V3 (Polygon), where the most active trading pair TXAG/USDC.E has a trading volume of $3,085.10 in the last 24 hours.
What is the daily trading volume of tSILVER (TXAG)?
The trading volume of tSILVER (TXAG) is $3,082.00 in the last 24 hours, representing a 30.90% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for tSILVER (TXAG)?
The highest price paid for tSILVER (TXAG) is BTC0.0001699, which was recorded on May 10, 2023 (12 months). Comparatively, the current price is -82.00% lower than the all-time high price.
What is the all-time low for tSILVER (TXAG)?
The lowest price paid for tSILVER (TXAG) is BTC0.053302, which was recorded on Jun 25, 2023 (10 months). Comparatively, the current price is 745.50% higher than the all-time low price.
What is the market cap of tSILVER (TXAG)?
Market capitalization of tSILVER (TXAG) is BTC25.9104 and is ranked #2389 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TXAG tokens (2 Million tokens are tradable on the market today).
What is the fully diluted valuation of tSILVER (TXAG)?
The fully diluted valuation (FDV) of tSILVER (TXAG) is BTC25.9104. This is a statistical representation of the maximum market cap, assuming the maximum number of 2 Million TXAG tokens are in circulation today. Depending on how the emission schedule of TXAG tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of tSILVER compare against its peers?
With a price decline of -6.60% in the last 7 days, tSILVER (TXAG) is underperforming the global cryptocurrency market which is up 5.20%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add tSILVER (TXAG) to MetaMask?
Adding tSILVER (TXAG) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TXAG as a token. You can copy TXAG’s contract address (0x57fcbd6503c8be3b1abad191bc7799ef414a5b31) and import it manually, or if you've installed MetaMask's chrome extension, add TXAG to MetaMask with one click on CoinGecko.
Add TXAG to MetaMask.