Unitas Gold

XGLD Price

About Unitas Gold (XGLD)

Unitas Gold is a yield-bearing digital asset that provides 1:1 exposure to physical gold while generating automated returns through decentralized finance strategies.

• The token is backed by Tether Gold (XAUt), ensuring that each unit represents ownership of allocated physical gold stored in professional vaults.
• It features a native yield mechanism that distributes returns from delta-neutral strategies directly to holders through Net Asset Value (NAV) appreciation.
• XGLD is accessible across multiple networks, including BNB Chain and Base, utilizing LayerZero technology for cross-chain liquidity and transfers.

What Is Unitas Gold

Unitas Gold (XGLD) is a yield-bearing gold asset issued by the Unitas protocol to bridge traditional store-of-value assets with decentralized finance (DeFi). It expands the Unitas product suite by offering a gold-backed alternative to fiat-pegged stablecoins, allowing users to preserve purchasing power against inflation.

Value moves through the system by leveraging the underlying gold collateral to generate capital for yield-producing activities. The protocol utilizes Tether Gold (XAUt) as the base reserve, which maintains a direct link to the spot price of physical gold. The token is "put to work" through a strategy where Tether (USDT) is borrowed against the XAUt collateral and deployed into conservative, delta-neutral investment strategies. These returns are then reflected in the growing value of XGLD relative to its base collateral over time.

As the ecosystem grows, this mechanism scales by increasing the total value of gold held in the Fund Vault, thereby expanding the capacity for strategy deployment and yield generation for all participants.

What Makes Unitas Gold Unique

• Yield-Bearing Architecture: Unlike standard digital gold tokens that only track price, XGLD offers compounding yield through protocol-managed strategies.
• 1:1 Physical Backing: Every token is fully collateralized by XAUt, which represents direct ownership of physical gold bars.
• Delta-Neutral Strategy: The protocol generates yield by borrowing USDT against gold collateral, minimizing exposure to market volatility while capturing returns.
• Cross-Chain Accessibility: Leveraging the LayerZero Omnichain Fungible Token (OFT) standard, XGLD can move between supported blockchains like BNB Chain and Base.

What Can You Use Unitas Gold for?

Unitas Gold is pegged to the value of Physical Gold.

• Value retention: XGLD allows users to hold a digital, on-chain representation of Physical Gold, providing a hedge against fiat currency inflation and reducing exposure to broader crypto-market volatility.
• Yield generation: The protocol offers native yield through a basket of delta-neutral strategies within the Unitas ecosystem, with returns distributed to holders via pro-rata NAV growth at regular intervals.
• Cross-border settlement / value transfer: It facilitates the global transfer of Physical Gold value, enabling 24/7 liquidity and frictionless international settlement without the logistical challenges of physical transport.
• Collateralization: XGLD can be used as backing for borrowing and lending protocols or as margin for derivatives, though the source notes that direct minting and redemption are reserved for whitelisted participants.

How Does Unitas Gold Work?

XGLD operates through a multi-step collateralization and yield generation process. When a user mints XGLD, they deposit XAUt into the Fund Vault. The protocol then utilizes an Off-Exchange Settlement (OES) system to mirror these assets for execution on centralized venues without transferring the actual user funds out of decentralized custody.

The protocol borrows USDT against the mirrored gold collateral at a conservative Loan-to-Value (LTV) ratio. This borrowed capital is deployed into low-risk strategies, such as market-neutral arbitrage or liquidity provisioning. The profits from these activities are returned to the Fund Vault, increasing the Net Asset Value (NAV) of the XGLD token.

As an application utility token, XGLD incurs protocol service fees for specific actions; for instance, while minting is free, redemptions are subject to a 0.1% fee to cover transaction slippage and operational costs associated with releasing collateral.

Team Info and Investors

The project is developed by Unitas Labs, a team focused on building yield-bearing stable assets and cross-border payment infrastructure. While specific individual founder names are not detailed in the primary documentation, the protocol emphasizes a governance structure involving multisig controls and real-time monitoring by a dedicated trading team.

Security and transparency are maintained through regular audits of the protocol's smart contracts, which are publicly available on GitHub. The source does not specify a list of early-stage venture capital investors or private backing rounds.

Where can you buy Unitas Gold?

XGLD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Unitas Gold is PancakeSwap V3 (BSC), where the most active trading pair XAUT0/XGLD has a trading volume of $4,345.12 in the last 24 hours.

What is the daily trading volume of Unitas Gold (XGLD)?

The trading volume of Unitas Gold (XGLD) is $4,345.12 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Unitas Gold (XGLD)?

Unitas Gold (XGLD) reached an all-time high of $6,112.55 and an all-time low of $3,943.47. It’s now trading -31.50% below that peak and 6.20% above its lowest price.

What is the market cap of Unitas Gold (XGLD)?

Market capitalization of Unitas Gold (XGLD) is $3,934,867 and is ranked #1833 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of XGLD tokens (940 tokens are tradable on the market today).

What is the fully diluted valuation of Unitas Gold (XGLD)?

The fully diluted valuation (FDV) of Unitas Gold (XGLD) is $3,934,731. This is a statistical representation of the maximum market cap, assuming total number of 940 ETH tokens are in circulation today.

How does the price performance of Unitas Gold compare against its peers?

With a price decline of -0.30% in the last 7 days, Unitas Gold (XGLD) is outperforming the global cryptocurrency market which is down -3.30%, while underperforming when compared to similar Yield-Bearing Tokens cryptocurrencies which are up 1.60%.

How to add Unitas Gold (XGLD) to MetaMask?

Adding Unitas Gold (XGLD) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import XGLD as a token. You can copy XGLD’s contract address (0xe60106a5cab7e7c64830919d36ab20caaf50ac91) and import it manually, or if you've installed MetaMask's chrome extension, add XGLD to MetaMask with one click on CoinGecko.

Add XGLD to MetaMask.