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DGLD

avoid.net/dgld→57/100·62% conf.
[AI-DRAFTED · AWAITING FACT-CHECK][src:defillama]

Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 42 → 57. Problems weighed by who is responsible: concerns that are not fraud −16, problems around the subject, caused by others −1.6; legitimacy credit long-running +10. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-16
Problems around it, caused by others-1.6
Long-running+10
Sum57

Score: 57/100 (kept between 0 and 100)

How scoring works →
anchored·amRZ6t…85z8
last updated 2026-10-10

Summary

DGLD (Digital Gold Token) is a physically-backed gold token originally launched in October 2019 by a consortium of CoinShares, Blockchain.com, and MKS PAMP SA on CommerceBlock's Ocean Bitcoin sidechain. The project went dormant by 2020 due to liquidity failure and market under-adoption, and the underlying infrastructure provider CommerceBlock later shut down entirely. MKS PAMP relaunched DGLD in late 2025 under full ownership of Gold Token SA, migrating to Ethereum and Base — but significant jurisdictional restrictions, minimal liquidity, contractual liability exclusions, and the project's history of abandonment remain concerns.

Connected Entities

10 entities · 60 linked investigations
Organizations
□Ethereum90□Tether□PAX Gold (PAXG)□Binance□Tether Gold (XAUT)□Base□ZachXBT□DGLD
Protocols
⌂Aerodrome Finance
Tokens
♦Bitcoin
Relationships
  • Ethereum→mentioned with→Bitcoin(60%)
  • Aerodrome Finance→mentioned with→Base(70%)
  • Aerodrome Finance→mentioned with→Ethereum(80%)
  • ZachXBT→mentioned with→Ethereum(70%)
  • ZachXBT→mentioned with→Bitcoin(65%)
  • ZachXBT→mentioned with→Binance(60%)
  • Binance→mentioned with→Tether(60%)
  • PAX Gold (PAXG)→mentioned with→Tether Gold (XAUT)(75%)
  • Binance→mentioned with→Ethereum(65%)
  • Tether Gold (XAUT)→mentioned with→Tether(70%)
  • + 18 more
Have evidence about DGLD?

Timeline(6 events)

22 February 2019

FINMA issues ruling classifying DGLD as a payment token under Swiss law.

15 October 2019

DGLD launches on CommerceBlock's Ocean Bitcoin sidechain backed by ~$20M in physical gold.

2020

Trading activity declines significantly; project moves toward dormancy.

2021

DGLD effectively dormant. CommerceBlock, the Ocean sidechain operator, ceases operations.

20 November 2025

MKS PAMP S.A. acquires full ownership of Gold Token S.A. and announces relaunch of DGLD.

16 December 2025

DGLD relaunches on Base network via Aerodrome Finance; issuance restricted to accredited institutions.

Provenance & Audit Trail

Decision Log

  • #2rescore+15Recorded on Solana ✓10/10/2026, 6:44:36 PM
    slot 455364273 · hash A1s4UCQ1KLiNrJ3CCSWgfKc4Qbh2CxwmNsANaiKWEJmm
  • #1publishRecorded on Solana ✓5/28/2026, 8:24:54 PM
    slot 422792416 · hash 3zdRZoRrzx3DeDW8P5T51iis6jW7WbDB7zHJWzMcWBQc

This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 12 of 13 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-5

generated: 5/4/2026, 2:54:18 AM

last updated: 10/10/2026, 6:44:36 PM

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