What are GOLD leverage tokens?
GOLD leverage tokens enable traders to access amplified exposure to gold onchain.
They automate a leveraged position on Aave, allowing you to access leverage in just a few clicks. No juggling loans or daily maintenance. It's a simple way to boost upside to gold while minimizing the usual headaches of leverage.
These tokens are built on XAUT, Tether's fully backed, onchain version of physical gold, where each token represents ownership of one troy ounce of gold held in Tether’s custody.
Key value proposition
Amplify Gold’s Strength
Add 3x leverage to one of the world’s most stable assets without outsized risk.
No Forced Liquidations
Auto‑rebalancing keeps collateral above critical levels, so your positions stay safe even in volatile markets.
Digital Access to Real Gold
Hold gold-backed value on Ethereum and trade it like any other token.
FAQs
Leverage tokens automate a leveraged position by utilizing onchain money markets like Aave or Morpho to borrow funds, amplifying a user's exposure to an asset without requiring manual management. The token's smart contracts autonomously handle the borrowing, lending, and rebalancing of assets, maintaining a consistent leverage ratio despite market fluctuations. This automation eliminates the complexities of collateral management and liquidation risks, while also charging low, transparent fees that avoid expensive funding rates often charged by perps.
Index Coop products protect you from liquidation with automated risk management that rebalances assets to maintain a target leverage ratio that avoids liquidation.
Yes, all Index Coop smart contracts have been audited by leading independent security firms such as OpenZeppelin, ABDK, Isosiro, & more. There is also an active bug bounty program through ImmuneFi. Audit information is published in the docs here.