Tokenomics
TDGOLD tokenomics: a fixed supply digital gold token
Nothing on this page requires you to trust us. Each value below is readable straight off the Stellar ledger through any Horizon node or explorer.
6.83 BLN
Total supply
Fixed. One per troy ounce of gold ever mined.
0 / 0
Taxes
No buy tax, no sell tax, no transfer tax.
Locked
Issuer
Master key weight is zero. Supply cannot grow.
Stellar
Network
Public network, settles in about five seconds.
Asset details
| Name | Trump Digital Gold |
|---|---|
| Symbol | TDGOLD |
| Decimals | 2 |
| Total supply | 6,830,000,000 (fixed, issuer locked) |
| Asset type | credit_alphanum12 |
| Network | Public Global Stellar Network |
| Home domain | trumpdigitalgold.com |
Accounts
TDGOLD
Trump Digital Gold
- Issuing account
-
GCE5ZBPMFEGTLIBV7OOALJ54EKQSLD22DE6EN3RYJRAQM35ATJVFLTDG - Distribution account
-
GAELM5UYVCAOFX6VGUDZ54OPD6FX4BAODT4ODS24FWDYWJRT4AXUJY6H - Total supply
- 6,830,000,000
- Decimals
- 2
- Asset type
- credit_alphanum12
- Network
- Stellar
The issuing account is the only value that identifies this asset, which is why there is a whole page on what to paste where, and why there is no contract address. Both accounts are public, so every movement between them is checkable on the ledger without taking anyone at their word.
Distribution
The entire supply was issued in a single payment from the issuing account to one distribution account. Both addresses are published above, and every movement between them is permanently visible on the ledger.
Circulating supply grows only as tokens are placed on the Stellar decentralised exchange from the distribution account. Nothing is minted, because nothing can be: the issuing account is locked.
Why 6,830,000,000
Humanity has mined roughly 212,000 tonnes of gold across all of recorded history. Converted to troy ounces, that is about 6.83 billion, the entire above-ground stock, every bar in every vault, every ring and every circuit board contact, added together.
TDGOLD mints one token per ounce of that total and then locks the issuer so the figure can never drift. The supply is deliberately sized to the world stock of gold: a fixed, verifiable number that no later decision can move.
Where this figure goes from here, and what gold backing would require, is set out phase by phase on the roadmap.
The TDGOLD price and where it comes from
There is no official price of TDGOLD, and no page here will quote one. The price is whatever the best resting offer on the Stellar order book says at that moment, set by what buyers and sellers agree on between themselves. Nobody sets it, publishes it or guarantees it.
That means two numbers matter more than the headline price. The spread is the gap between the best offer to buy and the best offer to sell, and the depth is how much can trade before the price moves against you. On a thin book a large order eats through the best offer and fills at an average worse than the number on screen, which is why a limit order is the safer instrument.
You read all of it from the same public sources anyone else uses: the asset page on Stellar.Expert, the TDGOLD / XLM market on StellarTerm, or the order book endpoint on a Horizon node. There is no private feed and no insider view.
One thing this price does not do is track the spot price of gold. A digital gold token only follows metal when reserves and a redemption right tie it there, and that is exactly what phase four of the roadmap is built to deliver.
Check the TDGOLD supply yourself
Open the asset on Stellar.Expert and compare every field on this page against the ledger.