What is a tokenized commodity?

On Fensory, the tokenized route is generally a tokenized security linked to a commodity ETF, such as a gold or silver ETF. It is not a bar of metal and its rights are set by the issuer documentation.

What is a commodity perpetual future?

A derivative that tracks a commodity reference price without an expiry date. It uses margin and funding, can be leveraged and can be liquidated. It does not give ownership of the physical commodity.

Can an AI agent trade gold through Fensory?

The MCP commodity path reaches the gold perpetual future. Tokenized gold products are available through the app. State which instrument you mean because the settlement, fees and risks are different.

Do commodity markets close?

Tokenized commodity products follow their issuer and underlying-market sessions. Commodity perpetual futures trade continuously at the venue, although liquidity can still vary by hour.

Do I own physical gold or oil?

No. A tokenized commodity-linked ETF is a token tied to a security issued against an ETF structure. A commodity perpetual future is synthetic price exposure. Neither means a physical commodity is delivered to you.

Tokenized commodities and futures

Fensory reaches commodities through two different instruments. The app includes selected gold, silver and oil-linked ETF tokens from Ondo Stocks and xStocks. The MCP commodity path reaches perpetual futures on the xyz builder dex for gold, silver, platinum, palladium, copper, natural gas, WTI crude and Brent crude. A token can settle to a wallet; a future uses margin, provides synthetic price exposure and conveys no claim on a physical commodity.

Explore commodity markets Connect an assistant

What to ask your assistant

Use these examples to frame the comparison, then check the named products and live data in the app. They do not imply MCP execution for app-only products.

Compare the tokenized gold product in the app with the gold perpetual future, including hours, custody, fees and liquidation risk.
Compare instruments
Show me the current gold perpetual-futures funding rate before I decide.
Data first
List the commodity perpetual futures I can reach and their maximum leverage.
Market data
Show gold and silver tokenized ETF products, then list the commodity futures available through MCP.
Classify

See how the limits work

Two routes to a commodity price

A tokenized commodity-linked ETF and a commodity perpetual future can follow the same market without giving the holder the same instrument.

Tokenized commodity-linked products compared with commodity perpetual futures
	Tokenized ETF route	Perpetual-futures route
Instrument	Token issued against a commodity-linked ETF	Derivative with no expiry date
Access on Fensory	Selected in the app	Terminal and MCP
Settlement	Can settle to a wallet, subject to issuer terms	Position remains at the venue against margin
Hours	Issuer and underlying-market sessions	Continuous venue trading
Leverage	None implied by the token	Available by market
Physical delivery	No	No

Gold is the clearest example

Ondo Stocks publishes tokenized products linked to precious-metals ETFs, including gold and silver products. These are tokenized securities linked to ETF structures. They are not physical bars held directly by the user.

The gold perpetual future is synthetic price exposure. It has margin, funding and liquidation risk, and it conveys no claim on gold or on an ETF share. Asking for gold without naming the instrument leaves an important part of the order unspecified.

How an assistant should handle the choice

A connected assistant should first identify whether the request means a tokenized product or a perpetual future, then show the relevant hours, custody, fees and risks before preparing an order.

For the futures route, the account still enforces a kill-switch, an access expiry, a market allow-list and a per-order cap. A per-order cap limits order size, not cumulative loss, and a leveraged position can still be liquidated.

The essentials

Tokenized route: Selected commodity-linked ETF tokens from Ondo Stocks and xStocks in the app
Futures route: Gold, silver, platinum, palladium, copper, natural gas, WTI and Brent through the xyz builder dex
What you hold: A tokenized ETF token on the token route. Synthetic price exposure with no physical asset on the futures route.
Hours: Issuer sessions apply to tokens. Commodity perpetual futures trade continuously at the venue.
Leverage: None implied by a token. Perpetual futures can use leverage and can be liquidated.
Agent access: The MCP path reaches commodity futures. Tokenized commodity products are selected in the app.

IncludesGoldSilverPlatinumPalladiumWTI crudeBrent crudeNatural gasCopper

Questions people ask

What is a tokenized commodity?: On Fensory, the tokenized route is generally a tokenized security linked to a commodity ETF, such as a gold or silver ETF. It is not a bar of metal and its rights are set by the issuer documentation.
What is a commodity perpetual future?: A derivative that tracks a commodity reference price without an expiry date. It uses margin and funding, can be leveraged and can be liquidated. It does not give ownership of the physical commodity.
Can an AI agent trade gold through Fensory?: The MCP commodity path reaches the gold perpetual future. Tokenized gold products are available through the app. State which instrument you mean because the settlement, fees and risks are different.
Do commodity markets close?: Tokenized commodity products follow their issuer and underlying-market sessions. Commodity perpetual futures trade continuously at the venue, although liquidity can still vary by hour.
Do I own physical gold or oil?: No. A tokenized commodity-linked ETF is a token tied to a security issued against an ETF structure. A commodity perpetual future is synthetic price exposure. Neither means a physical commodity is delivered to you.