XAUXAU

Pons · Robinhood Chain · paired GLD

Gold,
priced in gold.

XAU is the market code for a troy ounce of gold. GLD is the ETF that holds the bars. $XAU is the meme that sits in the second.

How to enter@XAU_GLD

Quote asset

GLD

SPDR Gold Shares

XAU spot

—

Dollar price of $XAU = (XAU / GLD) × gold.

If gold rips and the pair holds, $XAU rips in dollars.

$XAU / $GLD

The code

XAU

ISO 4217. The same three letters a dealing desk uses for gold. Every gold meme until now borrowed the name and sat next to ETH. This one keeps the code and sits next to the metal.

The trust

GLD

SPDR Gold Shares. Tracks bullion, minus fees. First U.S. gold ETF, 2004. On this chain it is a token. On this pair it is the currency of the whole launch.

spdrgoldshares.com

Desk

Three steps. Then the curve.

  1. 01

    ETH on Robinhood Chain

    Gas and the 0.0005 ETH launch-pad fee live here. Chain ID 4663.

  2. 02

    Swap into $GLD

    The curve does not take ETH. Buy the SPDR Gold Shares token first.

  3. 03

    Buy $XAU on Pons

    Spend $GLD. You receive $XAU. Sell and you get $GLD back.

$XAU contract

0xf70b59…f875d7

$GLD contract

0xc9a981…ebfc4e

Open Pons@XAU_GLD

$XAU is a memecoin on Robinhood Chain. It is not SPDR Gold Shares, not the SPDR Gold Trust, and not an interest in allocated bullion. Holding $XAU is not holding gold. Pairing against $GLD prices the meme in a gold ETF token. It does not back, collateralize, or redeem the meme for bars.

XAU · GLD · Pons · Robinhood Chain