What are PDXM Tokens?
PDXM tokens represent the primary physical palladium pricing exposure asset class within the XMG Token Series, collateralized on a dollar‑for‑dollar basis by a PECU‑based Digital Asset Treasury.
Each XMG token series, including PDXM, has a main token class and verified institutions have the option to mint their own issuer‑identified PDXM variants, enabling them to operate within their own ecosystem while maintaining full control over cash‑in/cash‑out flows, utility functions, physical reserves and partnership integrations.
These issuer‑specific PDXM tokens remain fully interoperable with the main PDXM class across both the native PNP16 protocol and ERC‑20 environments.
Refineries and institutions with verified vaulted physical palladium, as well as mining companies with geologically proven and legally owned unencumbered palladium reserves, may request authorization to mint PDXM tokens that represent their underlying physical assets.
This framework transforms physical palladium into a transparent, tokenized financial instrument, enabling liquidity, fractional ownership and collateralization within a Digital Asset Treasury (DAT).
By combining PECU collateral with tokenized real‑world physical palladium reserves, PDXM establishes a dual‑layer trust model that modernizes physical commodity finance and expands institutional access to on‑chain asset‑backed instruments.
Key Characteristics of PDXM Tokens
Asset Backed
Every PDXM exposure token is secured by a PECU‑based Digital Asset Treasury on a dollar‑for‑dollar value basis.
Direct Exposure
PDXM exposure tokens are pegged to real‑time global pricing for physical palladium.
Transportable
Transporting physical palladium is costly and complex, PDXM provides instant, low‑cost pricing exposure without the burdens of physical movement.
Institutional Focus
Physical redemption privileges are determined solely by each issuer and are limited to verified institutional customers such as brokerage firms, funds and exchanges.
Strict Compliance
All issuer‑approved institutional redemptions require mandatory KYC/AML verification.
24/7 Trading Ability
PDXM exposure tokens are tradable 24/7/365 on any exchange or platform that lists them.
Fractionalization
PDXM is inherently fractionalized up to 15 decimal places, overcoming the indivisibility of physical palladium.
Investor Control
Institutional PDXM exposure token holders may self‑custody or act as custodians for others, managing their own logistics and costs if an issuer grants physical redemption.
Utility and Advantages
How PDXM Tokens Work
Asset Backed: Every PDXM token is secured by a PECU based Digital Asset Treasury on a dollar for dollar value basis and accumulated physical palladium or reserves over time.
On Demand Supply: PDXM tokens have an initial supply of 100,000 tokens, once distributed verified and approved institutions, palladium refineries and mining companies with unencumbered and verified palladium reserves can request to mint additional PDXM tokens.
Redemption Option: Redemption parameters and timelines are at the option of the issuer, ONLY verified institutional customers can redeem PDXM for physical assets, subject to monthly limits.
Redemption Limits: Capped at 100 PDXM tokens per month or 20% of a holder’s total PDXM balance, whichever is lesser.
Holder Responsibilities: Token holders converting to physical assets cover export, logistics, customs and storage costs.
Freely Tradable: PDXM tokens can be traded, transferred or collateralized within Digital Asset Treasuries for the life of the token.
