What is XAUM's quality score?

XAUM (Matrixdock) scores 58/100 on OnChain Benchmark's RWA Quality Rating — Developing, as of Oct 10, 2026 (methodology v1.6).

How is XAUM's quality score calculated?

OnChain Benchmark scores XAUM across four dimensions, each out of 25: disclosure quality (13/25), redemption liquidity (17/25), structural trust (15/25), and holder concentration (13/25). Each is multiplied by its methodology weight (structural trust ×1.4, holder concentration ×1.3, redemption liquidity ×0.9, disclosure quality ×0.4; weights sum to 4.0) and summed into the 58/100 composite — a weighted, not a plain, sum, so the four dimension scores do not add directly to the total. The full rubric is published at onchainbenchmark.com/methodology.

How concentrated is XAUM's ownership?

OnChain Benchmark scores XAUM's holder concentration 13/25 — one of the four dimensions of its quality rating, measured against free float (circulating supply outside issuer, custody, exchange, bridge and protocol wallets), across four of its seven chains. A higher score means ownership is more broadly distributed; a lower score means it is held by fewer wallets.

What does Developing mean?

Under OnChain Benchmark methodology v1.6, composite scores grade as Verified Capital (≥ 85), Institutional-grade (≥ 70), Developing (55–69), and Limited (below 55). XAUM scores 58/100, placing it in Developing.

OCB — Quality Rating · Commodities

XAUM Quality Rating

XAUM (Matrixdock) scores 58/100 on OnChain Benchmark's RWA Quality Rating — rated Developing (methodology v1.6, as of Oct 10, 2026).

Latest onchain read Oct 10, 2026

Updated daily

Quality score

of 100 · Developing

Dimensions measured

of 4

Outstanding supply

$52.93M

as of Oct 10, 2026

Chains

with measured supply

Why XAUM scores 58

The biggest gap in XAUM's score is how concentrated its ownership is.

Each dimension's score is multiplied by its weight and summed: 58.40 of a possible 100, rounded to 58.

Composite

58 / 100

Dimension	Score	Weight	Why it scored this
Holder Concentration Ownership is concentrated: the top 10 holders across four of its seven chains own 94.5% of the free float on those chains. Upgrade factorA wider holder base, with the top 10 owning 85% or less (18 of 25).	13 / 25	×1.3	Ownership is concentrated: the top 10 holders across four of its seven chains own 94.5% of the free float on those chains. Upgrade factorA wider holder base, with the top 10 owning 85% or less (18 of 25).
Structural Trust Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5). Upgrade factorCustody verified independently, with public reports.	15 / 25	×1.4	Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5). Upgrade factorCustody verified independently, with public reports.
Redemption Liquidity Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it. Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).	17 / 25	×0.9	Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it. Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).
Disclosure Quality The latest attestation is 85 days old, with 1 in the last six months. Upgrade factorRegular, dated independent attestations of the holdings.	13 / 25	×0.4	The latest attestation is 85 days old, with 1 in the last six months. Upgrade factorRegular, dated independent attestations of the holdings.

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $52.93M.

Source: OCB Quality Ratings · XAUM · onchainbenchmark.comMeasured daily · Oct 10, 2026

OCB Instrument

Rating history

XAUM’s quality rating, measured daily.

Source: OCB Quality Ratings · XAUM · onchainbenchmark.comRecomputed daily · Oct 10, 2026

Key facts

Issuer, rubric and methodology

Issuer: Matrixdock
Asset class: Commodities
Rubric: RWA Quality Rating
Methodology: v1.6
Last scored: Oct 10, 2026
What it is: Singapore-based tokenized gold product backed by LBMA-standard physical gold, issued by Matrixdock (Matrixport subsidiary).

Chains

Share of measured supply by chain

With measured supply

Chain	Contract	Share of measured supply
BNB Chain	0x23AE4f…656028Explorer ↗	44.2%
Ethereum	0x2103E8…eA8682Explorer ↗	43.2%
Solana	5aLhp9Vn…dHUZoBExplorer ↗	12.5%
Plume	0xA0C4F7…Ab8DDfExplorer ↗	0.1%

Evidence

Verified facts behind the rating

A sample of the verified facts behind XAUM’s score. The full diligence trail is in the terminal.

Facts shown

Dimension	Fact	Finding	Verified	Source
Disclosure Quality	Contract address	Contract address verified on Ethereum: 0x2103E845C5E135493Bb6c2A4f0B8651956eA8682 (primary deployment) Address confirmed active onchain.	Jun 13, 2026	Verified against primary sources
Disclosure Quality	Contract address	Contract address verified on Chain 56: 0x23AE4fd8E7844cdBc97775496eBd0E8248656028 (Chain 56 deployment) Address confirmed active onchain.	Jun 13, 2026	Verified against primary sources

Cite this rating

Reference XAUM’s rating

Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.

Plain

OnChain Benchmark (2026). XAUM Quality Rating: 58/100 (Developing), as of Oct 10, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/xaum

Harvard

OnChain Benchmark (2026) 'XAUM Quality Rating', OnChain Benchmark, Developing, 58/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/xaum (Accessed: Oct 10, 2026).

BibTeX

@misc{ocb_xaum_2026,
  author = {{OnChain Benchmark}},
  title = {{XAUM Quality Rating}},
  year = {2026},
  note = {58/100, Developing, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/xaum}
}

Full diligence trail

The interactive terminal shows every verified fact behind XAUM's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

Open in the terminal →Read the methodology →

Dimension

Score

Holder Concentration

Ownership is concentrated: the top 10 holders across four of its seven chains own 94.5% of the free float on those chains.

Upgrade factorA wider holder base, with the top 10 owning 85% or less (18 of 25).

13 / 25

Structural Trust

Custody is only partly verified: there is some independent confirmation, but not the full, itemized verification that earns top marks. The top regulatory standing needs SEC registration with a PCAOB-registered auditor. An admin can upgrade the contract without a timelock, controlled by a standard multisig (such as 3-of-5).

Upgrade factorCustody verified independently, with public reports.

15 / 25

Redemption Liquidity

Only onboarded institutions can redeem; the top score also needs a deep onchain market alongside it.

Upgrade factorOnchain liquidity of at least 0.5% of supply (20 of 25).

17 / 25

Disclosure Quality

The latest attestation is 85 days old, with 1 in the last six months.

Upgrade factorRegular, dated independent attestations of the holdings.

13 / 25

Chain

Share of measured supply

BNB Chain

44.2%

Ethereum

43.2%

Solana

12.5%

Plume

0.1%

Dimension

Finding

Verified

Disclosure Quality

Contract address verified on Ethereum: 0x2103E845C5E135493Bb6c2A4f0B8651956eA8682 (primary deployment)

Address confirmed active onchain.

Jun 13, 2026

Disclosure Quality

Contract address verified on Chain 56: 0x23AE4fd8E7844cdBc97775496eBd0E8248656028 (Chain 56 deployment)

Address confirmed active onchain.

Jun 13, 2026

@misc{ocb_xaum_2026, author = {{OnChain Benchmark}}, title = {{XAUM Quality Rating}}, year = {2026}, note = {58/100, Developing, methodology v1.6}, url = {https://onchainbenchmark.com/instruments/xaum} }