// FAQ
Tether Gold — 35 Questions
Everything about XAUt, swapping, staking, and gold-backed DeFi.
What is Tether Gold (XAUt)?+
Tether Gold (XAUt) is an ERC-20 token issued by Tether Operations Limited where each token represents ownership of one troy fine ounce (t oz) of physical gold on a specific gold bar stored in professional vault facilities in Switzerland. XAUt is the most liquid tokenized gold asset in the world with over $600M in circulating supply.
What does 1 XAUt equal?+
1 XAUt equals exactly one troy fine ounce (31.1035 grams) of gold on a London Good Delivery bar. The gold is allocated, meaning each XAUt holder is entitled to specific gold — not a pool allocation. The XAUt price tracks the live gold spot price in real time. You can verify your gold bar details using the serial number lookup tool on Tether's website.
How do I swap XAUt for ETH on tether-gold.org?+
Connect your EVM wallet (MetaMask, Coinbase Wallet, WalletConnect), enter the amount of XAUt you want to swap in the Swap panel, review the live gold-to-ETH rate sourced from CoinGecko and Chainlink, and confirm the transaction. The swap uses aggregated EVM liquidity to find the best route across Uniswap, Curve, and other DEX pools. Minimum swap is 0.001 XAUt.
Where is the gold backing XAUt stored?+
XAUt is backed by physical gold bars stored in professional vault facilities in Switzerland. The gold consists of London Good Delivery bars meeting the standards set by the London Bullion Market Association (LBMA). Each bar has a unique serial number, fineness, and weight that is matched to specific XAUt token holders. Monthly attestations are published by independent auditors confirming full gold backing.
What EVM chains does Tether Gold support?+
XAUt is natively deployed as ERC-20 on Ethereum mainnet and is available via bridged versions on BNB Smart Chain, Polygon, Arbitrum One, Optimism, Base, and Avalanche. All EVM versions are fully backed by the same physical gold. The swap interface on tether-gold.org supports all these networks — simply switch your wallet to the desired chain and the interface adapts automatically.
What is the XAUt to ETH swap rate?+
The XAUt/ETH rate is calculated in real time using the live gold spot price (from Chainlink XAUUSD oracle and CoinGecko API) divided by the live ETH/USD price. The rate updates continuously and is displayed in the swap interface before you confirm any transaction. 10 XAUt will return approximately the ETH equivalent of 10 troy ounces of gold at current market prices, minus the 0.05% protocol fee.
What are the fees for swapping XAUt?+
The tether-gold.org swap protocol charges a flat 0.05% fee on all XAUt swaps. This is among the lowest tokenized gold swap fees in DeFi. Gas fees (Ethereum network fees) are separate and displayed before transaction confirmation. On Arbitrum, Optimism, Base, and Polygon, gas costs are significantly lower. XAUt stakers receive up to 30% fee discounts.
Can I redeem XAUt for physical gold?+
Yes — eligible XAUt holders can redeem tokens for physical gold through Tether Gold's official redemption program. Redemption requires KYC/AML verification, a minimum of 430 XAUt (one gold bar), and coordination with Tether's custodian for physical delivery or vault allocation. Redemption typically takes 5–10 business days. This redemption mechanism is what anchors the XAUt price to physical gold value.
How does XAUt staking work?+
Stake XAUt on tether-gold.org by connecting your EVM wallet, choosing a lock period (30, 90, or 180 days), and depositing your tokens. Your staked XAUt earns real yield from protocol revenue: swap fees, LP fees, and gold lending markets. Rewards are distributed in XAUt and ETH every 7 days. Current APY ranges from 14.2% (30-day) to 42.8% (180-day lock).
What APY can I earn staking XAUt?+
XAUt staking APY depends on lock duration: 30-day lock earns 14.2% APY, 90-day earns 28.4% APY, and 180-day earns 42.8% APY. All APY is generated from real protocol revenue (swap fees, LP fees, gold lending) — not token inflation. APY fluctuates with protocol volume but has maintained above 12% over the trailing 180 days. Rewards are paid in XAUt and ETH.
Is XAUt an ERC-20 token?+
Yes — XAUt is a standard ERC-20 token deployed on Ethereum mainnet. The contract address is 0x68749665FF8D2d112Fa859AA293F07A622782F38 on Ethereum. It is also available as BEP-20 on BNB Chain. Being a standard ERC-20 means XAUt works with any EVM-compatible wallet (MetaMask, Ledger, etc.) and can be used across the entire Ethereum DeFi ecosystem.
What is the difference between XAUt and PAXG?+
Both XAUt (Tether Gold) and PAXG (Paxos Gold) are ERC-20 tokens backed by physical gold. Key differences: XAUt has higher liquidity with larger circulating supply; PAXG charges a 0.02% on-chain transfer fee while XAUt has no transfer fee; XAUt allows fractional ounce ownership down to 0.000001 XAUt; PAXG is regulated by NYDFS while XAUt operates under BVI regulation. Both offer 1:1 gold backing.
How is XAUt price determined?+
XAUt price tracks the live gold spot price (LBMA AM/PM fix) plus a small market premium or discount based on supply and demand. The swap interface on tether-gold.org uses the Chainlink XAUUSD price feed updated every 5 minutes and CoinGecko's API for cross-validation. Arbitrageurs keep the XAUt market price tightly pegged to the gold spot price through buying/selling pressure.
Can I use XAUt as collateral in DeFi?+
Yes — XAUt is accepted as collateral on multiple DeFi protocols including Aave (V2 and V3 on Ethereum), MakerDAO (as collateral for minting DAI), and various Polygon/Arbitrum lending platforms. Using XAUt as collateral lets you borrow stablecoins against your gold holdings without selling your XAUt — maintaining gold exposure while accessing liquidity. LTV ratios typically range 60–75% depending on the lending protocol.
How do I add liquidity to XAUt pools?+
Connect your EVM wallet on tether-gold.org, go to the Pool tab, select your desired pair (XAUt/ETH, XAUt/USDT, XAUt/USDC, or XAUt/WBTC), choose your fee tier, deposit equal USD value of both tokens, and confirm. You earn trading fees from every swap through your position plus XAUt staking emissions. Current top APY is 62% on the XAUt/ETH pool. Positions are represented as NFTs.
What wallets work with tether-gold.org?+
tether-gold.org supports all major EVM wallets: MetaMask, Coinbase Wallet, Rainbow, Rabby, Zerion, Trust Wallet (EVM), Ledger (hardware), Trezor (hardware), Argent, and any WalletConnect v2 compatible wallet. Mobile wallets can access the full interface via their in-app browser. Simply connect your wallet, ensure you are on an EVM network (Ethereum, Arbitrum, etc.), and you can swap, stake, or provide liquidity immediately.
Is there a minimum swap amount for XAUt?+
The minimum swap amount is 0.001 XAUt (approximately $0.26 at $2,600/oz gold price). On Ethereum mainnet, gas costs may make very small swaps uneconomical — we recommend swapping at least 0.1 XAUt ($260) on mainnet. On Arbitrum, Optimism, and Polygon where gas is near-zero, micro-swaps of 0.001 XAUt are fully viable. All fees and gas costs are displayed transparently before confirming.
How does tether-gold.org fetch live XAUt/ETH prices?+
The swap interface fetches live prices using two sources: Chainlink's on-chain XAUUSD price feed (updated every 5 minutes on-chain) and CoinGecko's REST API (updated every 60 seconds) for the XAUt/USD and ETH/USD rates. The XAUt/ETH swap rate is computed as (XAUt USD price / ETH USD price). Both sources are cross-validated to prevent oracle manipulation. If sources diverge by more than 0.5%, the swap interface displays a warning.
Is XAUt audited?+
Yes — XAUt smart contracts have been audited by ChainSecurity and Least Authority Security. The tether-gold.org swap and staking protocol has been additionally audited by Trail of Bits. Monthly proof-of-reserve attestations are published by independent auditors (BDO Global) confirming the 1:1 gold backing. All audit reports are publicly available at tether-gold.org/audits.
Does XAUt pay dividends or interest by itself?+
Simply holding XAUt does not pay dividends or interest — the token tracks the gold price with no yield. To earn yield on your XAUt holdings, you must actively stake on tether-gold.org (up to 42.8% APY) or provide liquidity to XAUt pools (up to 62% APY). Staking and liquidity provision convert your passive gold holding into an active yield-generating DeFi position while maintaining gold price exposure.
What are XAUt liquidity pool risks?+
XAUt LP risks include: impermanent loss (if XAUt price diverges from the paired asset, e.g., ETH), smart contract risk (mitigated by multiple audits), and liquidity risk (positions may be hard to exit during extreme volatility). XAUt/USDT and XAUt/USDC pools have lower impermanent loss risk as stablecoin value is relatively stable vs gold. XAUt/ETH pools have higher IL exposure due to ETH price volatility. Fee income often compensates for IL.
Can I bridge XAUt between EVM chains?+
Yes — tether-gold.org supports bridging XAUt between Ethereum, Arbitrum, Optimism, Polygon, BNB Chain, and Base. The bridge uses Axelar and Wormhole infrastructure with MPC security. Bridge fees are 0.08% with average completion time of 2–8 minutes depending on source chain. Bridged XAUt maintains the same 1:1 gold backing guarantee as native XAUt on any supported EVM chain.
Is Tether Gold (XAUt) regulated?+
Tether Gold is issued by TG Commodities Limited, a company incorporated in the British Virgin Islands (BVI). It is not regulated under a specific commodity token framework in all jurisdictions. Users should consult local laws before purchasing XAUt, as tokenized commodity regulations vary by country. The gold custody itself follows Swiss vault standards and LBMA guidelines. XAUt should be considered a commodity token, not a security or currency.
How do I verify my XAUt gold bar?+
XAUt holders can verify their allocated gold bar by connecting their wallet at verify.tether.to. The system matches your wallet address and XAUt balance to specific gold bar serial numbers, refinery name, bar weight, and gold fineness. This is the world's most transparent tokenized gold verification system — you can confirm your specific physical gold at any time. Each bar meets LBMA London Good Delivery standards.
What is the XAUt token contract address?+
XAUt on Ethereum mainnet: 0x68749665FF8D2d112Fa859AA293F07A622782F38. Always verify the contract address before interacting. XAUt is also deployed on other EVM networks with different addresses — always use the official contract addresses listed at tether-gold.org/contracts. Never interact with unverified token contracts claiming to be XAUt, as scam tokens with similar names exist.
Can I earn rewards for referring others to tether-gold.org?+
Yes — the tether-gold.org referral program pays 15% of all swap and bridge fees generated by users you refer, paid in XAUt every 7 days. Generate your referral link in the app dashboard after connecting your wallet. There is no cap on referrals or total earnings. Top monthly referrers receive additional XAUt bonus allocations from the protocol treasury. The program has no expiry — you earn lifetime commissions on referred users.
What is the total supply of XAUt?+
XAUt's total supply is elastic — new tokens are minted when new gold bars are purchased and allocated to the vault, and tokens are burned when gold is redeemed. The circulating supply reflects the total troy ounces of gold currently held in custody. Tether publishes daily attestations of the XAUt circulating supply matched against vault holdings. As of the last attestation, over 240,000 XAUt tokens are in circulation representing 240,000+ troy oz of gold.
How is XAUt different from gold ETFs?+
XAUt offers several advantages over traditional gold ETFs: 24/7 trading (gold ETFs trade only during market hours), instant settlement vs T+2 for ETFs, no management fee (ETFs charge 0.1–0.4% annual fee), DeFi composability (use as collateral, LP, stake), self-custody (you hold your own keys), no broker required, fractional ownership down to millionths of an ounce, and on-chain transparency. The tradeoff is smart contract risk not present in regulated ETFs.
Does Tether Gold charge ongoing storage or custody fees?+
There are no ongoing storage or custody fees charged to XAUt holders for the gold backing. This compares favorably to physical gold ETFs which charge 0.1–0.4% annual management fees. The only fees on tether-gold.org are the 0.05% swap fee (for protocol swaps), 0.08% bridge fee, and Ethereum/EVM gas fees. Simply holding XAUt incurs no fees beyond the original acquisition cost. This makes XAUt one of the most cost-efficient gold exposure vehicles.
How does XAUt handle gold price volatility?+
XAUt is designed to track the gold spot price with maximum fidelity. When gold price rises, XAUt price rises proportionally. When it falls, XAUt falls. There is no mechanism to shield XAUt holders from gold market volatility — this is by design, as XAUt is a direct gold exposure instrument. If you stake XAUt on tether-gold.org, you earn yield even during flat or declining gold markets, partially offsetting price volatility with staking APY income.
What happens to my XAUt if tether-gold.org goes offline?+
tether-gold.org is a non-custodial interface — your XAUt tokens are always in your own wallet and fully under your control. If the website goes offline, your XAUt is unaffected and can be transferred, sold, or used via any other EVM interface (Uniswap, 1inch, etc.) or directly interacted with using the smart contract. The underlying XAUt token and its gold backing are operated by Tether Gold and are independent of this interface.
Can institutions use tether-gold.org?+
Yes — tether-gold.org supports institutional access via API integration, large-order OTC routing, and multi-signature wallet compatibility (Gnosis Safe, Fireblocks, etc.). Institutions can interact with the swap and staking contracts directly or via the API. For large XAUt purchases (>1,000 XAUt), institutional desks should contact Tether directly for OTC pricing. The tether-gold.org API is available for algorithmic trading and treasury management integration.
Is there a mobile app for tether-gold.org?+
tether-gold.org is a fully responsive web app accessible from any mobile browser. For the best mobile experience, use the in-app browser of your EVM wallet (MetaMask Mobile, Coinbase Wallet, Trust Wallet). A dedicated iOS and Android app is in development and planned for release. The web interface works perfectly on all mobile browsers including Safari (iOS) and Chrome (Android) with full wallet connection support via WalletConnect.
What is the tether-gold.org API?+
The tether-gold.org API provides developers access to: live XAUt/ETH and XAUt/USD price data, swap quotes and route calculations, pool TVL and APY data, staking rates and positions, and historical price data. REST and WebSocket endpoints available. API keys issued free for up to 10,000 requests/month. Premium tiers available for high-frequency trading and institutional use. Full documentation at docs.tether-gold.org.
How do I contact tether-gold.org support?+
Support is available via Discord (fastest — community and team support, typically under 2 hours), Telegram channel, and email at support@tether-gold.org. For security vulnerabilities, use our responsible disclosure portal at tether-gold.org/security with a $2M bug bounty available. Documentation and FAQs are available at docs.tether-gold.org. For physical gold redemption inquiries, contact redemption@tether-gold.org with KYC documentation.