Profile
XAGm profile facts
Matrixdock Silver (XAGm) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Silver.
- Collateral
- LBMA-accredited 99.9% Good Delivery silver bars held in Asian vaults under Matrixdock's Fungible Reserve Standard
- Peg mechanism
- KYC-approved holders can redeem XAGm through Matrixdock for supported USDC or USDT at a partner-dependent sale price, or request physical LBMA silver with a 2100 XAGm minimum and inventory-dependent bar availability. Stablecoin orders require an accepted quote and slippage limit; T+3 begins after execution. Physical delivery does not establish a final USD sale price or an end-to-end cash settlement bound. Each redemption order carries a 0.50% issuer fee; currency, delivery and gas costs remain separate. Silver weight follows the applicable ozPerToken ratio.
- Jurisdiction
- Singapore
- Proof of reserves
- Audit by Bureau Veritas (XAGm silver first entered the semi-annual Matrixdock audit programme with the July 2026 cycle; the currently indexed certificate covers the June 30, 2026 inventory and does not reconcile token liabilities) Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
XAGm quick answers
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What is Matrixdock Silver (XAGm)?
XAGm is Matrixdock's silver-backed commodity token, with each token representing roughly one troy ounce of LBMA Good Delivery silver vaulted in Asia. The static profile records its Silver peg mechanism as: KYC-approved holders can redeem XAGm through Matrixdock for supported USDC or USDT at a partner-dependent sale price, or request physical LBMA silver with a 2100 XAGm minimum and inventory-dependent bar availability.
Is XAGm safe?
As of Nov 8, 2026, Pharos grades XAGm D (49/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs XAGm?
Pharos records XAGm's reserves as of Jun 30, 2026 as 100% Physical silver bars (LBMA Good Delivery, Asian vault custody). Reserve evidence: Audit, latest period ending Jun 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can XAGm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem XAGm?
Under the route Pharos reviewed on Sep 21, 2026, customers the issuer has verified can redeem XAGm for physical metal, starting at 2,100 XAGm. Settlement takes multiple days. The reviewed redemption fee is 0.5%, before delivery and third-party costs. Whether a given holder qualifies is set by the route's own terms, not by this summary.
