---
title: "Matrixdock Silver (XAGm) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/xagm-matrixdock/"
description: "Build-time stablecoin profile for Matrixdock Silver (XAGm). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Matrixdock Silver (XAGm)

**Peg:** Silver

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

Matrixdock extends the XAUm bullion-token model to LBMA silver, with issuer-reported ozPerToken drift the main reconciliation gap.

Matrixdock Silver brings the XAUm model to silver, with LBMA Good Delivery bars and public issuer pages showing supply and bullion metrics. Pharos uses one troy ounce as the silver reference, but the metadata flags Matrixdock's ozPerToken metric because the issuer can report slight dynamic drift. The current live checks validate on-chain supply, while higher-grade bullion reconciliation depends on Matrixdock reserve data granular enough to match issuer {{term:attestation}}attestation{{/term}} metrics against token supply. {{term:redemption}}Redemption{{/term}} is available through Matrixdock for KYC-approved users, but public fee and capacity terms remain issuer-process dependent.

## Collateral

LBMA-accredited 99.9% Good Delivery silver bars held in Asian vaults under Matrixdock's fractional-reserve-safeguard framework

## Peg Mechanism

Silver-backed commodity token redeemable through Matrixdock for KYC-approved users; issuer materials expose supply, bullion weight, and an oz-per-token metric that may drift slightly from exactly one ounce

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Singapore | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x123ffe0a3c62878dcbee2742227dc8990058d9e1` | 9 |
| sui | `0x64bddec0f898ccaa022b8a6e0a5f75d80f53177b87a9795dd15aefe9ac12ee6c::xagm::XAGM` | 9 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/xagm-matrixdock.