Kinesis Gold

Kinesis Gold is a token traded under the symbol KAU, issued by Kinesis and backed by physical gold. Each KAU corresponds to a gram-denominated share of investment-grade gold bullion held in Kinesis's insured and independently audited vaults. CoinGecko entries list a contract address for the token on Ethereum.

What sets KAU apart from many gold tokens is Kinesis's yield model: the platform shares part of its global transaction fee income with users, and KAU holders receive a monthly share of this distribution, also paid in KAU. The tokens can be bought and sold on the Kinesis platform, converted into physical gold and spent with Kinesis's payment card. This structure rests on the idea of using gold both as a store of value and as a means of payment.

The KAU price mainly tracks the international gold price; in addition, confidence in the issuer and in vault audits, the functioning of redemption processes and liquidity in the markets where the token trades can cause small deviations. The price displayed for Kinesis Gold on Lzzo.com comes from DefiLlama's US dollar reference, and the chart is drawn from the same source. Because the price is formed on a per-gram basis, the difference in units should be taken into account when comparing it with the price of gold per ounce.