AGX TRUST LAYER
PROVABLE BACKING.
Every Obsidian token is backed 1:1 by physical metal in AGX's insured vault network. Reserve ratio is attested daily via Light Protocol ZK proofs and published on-chain.
Latest ZK Proof
0x7f4a9c8b2e6d1f3a8b9c4d5e6f7a8b9c0d1e2f3a4b5c6d7e8f9a0b1c2d3e4f5a
Attested
12mago
Sat, 25 Apr 2026 03:48:00 GMT
Reserve Ratio · 30 Days
100.00%fully collateralized
Reserve Allocation · All 5 Tokens
Physical metal held by AGX, denominated in troy oz, USD-equivalent at Pyth spot.
$74.69MUSD
xGOLD
10,000 oz
$31.79M · 42.6%
xSLVR
500,000 oz
$15.71M · 21.0%
xGLDD
60,000 coin
$9.29M · 12.4%
xSLVD
300,000 coin
$7.28M · 9.7%
xGLDB
2,500,000 note
$10.63M · 14.2%
xGLDB · GBK · 1/1000 ozPhysical Redemption
Burn the token, ship the metal.
Every Obsidian token is one-for-one redeemable for the underlying physical asset. Burn xGLDB on-chain and the equivalent stack of Goldbacks ships from AGX's Florida UPMA vault. Bullion bars (xGOLD / xSLVR) and dollar coins (xGLDD / xSLVD) follow the same flow.
3-5d
REDEEM TIME
0.25%
REDEEM FEE
$50
MIN AMOUNT
How Attestation Works
AGX vault read
Daily, AGX exports a signed manifest of physical reserves across all 5 metals from UPMA's vault systems.
Light Protocol compression
Manifest is compressed into a Merkle commitment via Light's ZK-proof program on Solana. Single account, verifiable.
On-chain attestation
Reserve attestor publishes hash + signature to the Obsidian program. Anyone can verify backing without revealing AGX's full ledger.
RESERVE ATTESTATION
AGX · UPMA physical metal · Light Protocol ZK proofs
AGX Reserve
10,000oz
≈ $31,785,000
xGOLD Supply
0xGOLD
Circulating
Reserve Ratio
∞
Fully backed
Gold Price
$3,178.5
Pyth · /oz
Integration Status
UPMA Network Branches
Daily ZK proof attestation · Compressed state via Light Protocol · Verifiable on-chain