Gold Token
GLDT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
GLDT (Gold Token) is a tokenized physical gold asset native to the Internet Computer (ICP) with bridged deployments on Ethereum, Base, and Arbitrum. Each token is pegged to 0.01 grams of physical gold stored in Swiss vaults. The project benefits from backing by established industry counterparties (including acquisition of its issuer Gold Token S.A. by MKS PAMP S.A. and vault operations via Loomis and Metalor) and verifiable on-chain SNS DAO governance. Active development continues across multiple chains with staking features launched in late 2025. However, GLDT faces significant challenges: it suffers from very low market traction (market cap under $1M and daily volume around $2k), passive community engagement, centralized custodial dependency, a lack of verifiable third-party smart contract audits across its multi-chain bridge deployments, and structural regulatory exposure due to offering physical gold redemptions without mandatory KYC. No qualifying red-flag events, exploits, or fraudulent activities were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Gold Token (GLDT)
GLDT (Gold Token) is a tokenized physical gold asset developed within the Gold DAO ecosystem. Issued by the Swiss entity Gold Token S.A.—which was acquired by precious-metals group MKS PAMP S.A. in November 2025—each GLDT token represents 0.01 grams of fine physical gold stored in insured Swiss vaults. The asset is native to the Internet Computer (ICP) blockchain and has bridged deployments available on Ethereum, Base, and Arbitrum.
The project utilizes a mint-and-burn tokenomics model linked to underlying gold reserves, with tokens backed by locked GLD NFTs to facilitate fractional ownership and 24/7 trading. GLDT integrates with an on-chain Service Nervous System (SNS) decentralized autonomous organization on ICP for protocol governance. Development milestones have included the rollout of multichain bridge infrastructure and the launch of a staking mechanism in late 2025.
Despite having established physical custody and refinery partnerships with entities such as Metalor and Loomis, the project operates at a small scale, maintaining approximately 5.95 kilograms of locked gold reserves, low market liquidity, and limited daily trading volume. GLDT faces specific operational and structural risks, including reliance on centralized vault custodians, an anonymous core development team, the absence of independent third-party smart contract audits for its multichain deployments, and inherent regulatory considerations related to offering physical redemption without mandatory identity verification.