Metal Dollar (XMD)
CryptoScore Pro global score : 45/100 (computed on 2026-10-29)
Metal Dollar (XMD) is a stablecoin operating on the Ethereum blockchain, designed to provide a price-stable digital asset backed by precious metals. Positioned within the stablecoin sector, it targets users seeking exposure to commodity-backed value without the volatility of traditional cryptocurrencies. Unlike fiat-collateralized stablecoins, Metal Dollar claims to derive its stability from physical metal reserves, though the specifics of this backing remain unverified in public documentation. Its primary utility lies in facilitating transactions, remittances, and hedging against inflation, particularly for users in regions with unstable local currencies or limited access to traditional banking. The project’s value proposition hinges on combining the transparency of blockchain with the intrinsic value of metals, though its adoption and regulatory compliance remain critical challenges. Technologically, Metal Dollar is deployed as an ERC-20 token on Ethereum, leveraging the network’s security and interoperability. The contract address, 0xa6707a8a00e94d1834ccda2856c9cf948941078d, was verified upon deployment on January 16, 2026, and includes a proxy mechanism, suggesting potential…
Scores by pillar
| Technology | 53/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 42/100 |
| Adoption | 8/100 |
| Liquidity | 43/100 |
| Compliance | 58/100 |
Market data
| Price | $0.9892 |
|---|---|
| Market cap | $827,751.51 |
| 24h volume | $1.53M |
| Market cap rank | #3067 |
| 24h change | -1.05% |
| 7d change | -0.31% |
| Blockchain | ethereum |
| Sector | Stablecoins |
Analysis
The protocol aims to stabilize the digital value through backing by precious metals. This ERC-20 token, the Ethereum technical standard, uses a proxy mechanism enabling code upgrades. The token serves as a hedge against inflation and facilitates fund transfers.