{
  "url": "https://blockindex.ai/coin/gldx",
  "name": "Gold xStock",
  "links": {
    "github": null,
    "website": "https://xstocks.com/",
    "whitepaper": "https://docs.backed.fi/"
  },
  "dScore": 48,
  "market": {
    "priceUsd": 379.837881740155,
    "marketCapUsd": 98854799.7923442,
    "volume24hUsd": 344670.24420425,
    "priceChange7dPct": -0.81034703,
    "priceChange24hPct": -3.82175034
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 260255.24189283,
    "circulatingPct": null
  },
  "ticker": "GLDX",
  "founder": "Backed / xStocks",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:27.677498+00:00",
  "fairLaunch": false,
  "launchYear": 2025,
  "description": "Gold xStock, traded under the ticker GLDX, is a tokenized asset product in the xStocks ecosystem associated with Backed. It is designed as a blockchain-based tracker certificate for SPDR Gold Shares, giving eligible users digital market exposure to a gold ETF-style instrument without requiring direct custody of physical gold. The supplied source material identifies GLDX as launching on June 12, 2025, with coverage from CryptoCompare, CoinGecko, CoinMarketCap, and Coinbase-style market pages. Unlike a native cryptocurrency such as Bitcoin or Solana, GLDX is not intended to operate as an independent settlement network, monetary base, or validator-driven blockchain. It is an issuer-managed tokenized financial product whose value proposition centers on bringing traditional asset exposure into crypto trading venues and on-chain wallets.\n\nTechnically, GLDX is described as a token rather than a standalone chain. The strongest verified deployment detail is the Solana SPL token contract address Xsv9hRk1z5ystj9MhnA7Lq4vjSsLwzL2nxrwmwtD3re, while the combined summary also references Ethereum, BNB Smart Chain, and Arbitrum visibility through EVM-style explorers using address 0x2380f2673c640fb67e2d6b55b44c62f0e0e69da9. Because GLDX relies on parent-chain infrastructure, it has no independent proof-of-work or proof-of-stake validator set, no native mining algorithm, no UTXO model, and no project-specific full-node network to measure. Its operational security therefore depends on the consensus, execution, custody, issuance, and contract infrastructure of the chains and issuer framework supporting the tokenized asset.\n\nGLDX's main use case is tokenized exposure to gold-linked securities within crypto markets. The asset appears in analytics and market-data systems including CoinMarketCap, CoinGecko, CryptoCompare, TradingView, and CoinDesk Data, and the summary lists visibility through Solscan, Etherscan, Bscscan, Arbiscan, Arkham, Binplorer, and Ethplorer. Exchange access is broad for a young tokenized product, with centralized exchange listings including Kraken, Coinbase, Binance, Bybit, Bitget, Raydium CLMM, Meteora, and Toobit, plus decentralized access through Raydium, Orca, and Jupiter. Wallet support spans Ledger, Electrum, Argent, Metamask, and Phantom, though some extracted wallet entries appear to come from generic pattern matching and should be treated with lower confidence.\n\nThe available tokenomics data is market-supply oriented rather than a conventional crypto allocation schedule. CoinGecko-style extracted data reports total supply around 302,729 GLDX, while CoinMarketCap-style data reports circulating supply around 260,250 GLDX in a January 29, 2026 snapshot. CryptoCompare also provides a smaller circulating supply snapshot in the supplied material, so supply figures should be treated as source-dependent unless refreshed from an authoritative issuer API. No ICO, fair-launch distribution, premine percentage, public initial percentage, miner reward schedule, staking yield, or protocol emissions model was provided. GLDX is best understood as an issued tracker certificate whose supply is expected to reflect issuance and redemption mechanics tied to the underlying product rather than algorithmic block rewards.\n\nGovernance and development are centralized around the issuer and xStocks/Backed ecosystem rather than an on-chain DAO. The source summary explicitly found no DAO governance, no voting mechanism, no open-source repository, no CEO identity, no VC funding details, and no GLDX-specific security incident history. Backed and xStocks infrastructure, including documentation and a GLDX circulating-supply API endpoint, provide the most relevant operational context. Regulatory treatment is not fully established in the supplied data, but the official-site context references access restrictions, non-U.S. user availability, and securities-law language, making GLDX meaningfully different from permissionless native cryptoassets. Its future trajectory depends less on protocol upgrades and more on issuer transparency, exchange support, eligible-user access, multi-chain contract operations, and the broader adoption of tokenized real-world assets.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "SOL"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 7,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}