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About XAG
XAG tracks the value of 1 troy ounce of silver. Silver is both a precious and industrial metal with demand across investment markets, electronics, solar energy, and jewelry.
On EdgeX, XAG is a synthetic perpetual market. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently.
XAG is listed as a EdgeX synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Commodities.
Frequently Asked Questions
- What is XAG?
- XAG tracks the value of 1 troy ounce of silver. Silver is both a precious and industrial metal with demand across investment markets, electronics, solar energy, and jewelry.
- Does trading XAG give me a claim on any physical silver?
- No. XAG is a synthetic perpetual with no delivery mechanism — there is no physical silver backing the contract and no way to take delivery of it. It gives price exposure only.
- In what unit and currency is XAG's price quoted?
- XAG's price tracks the value of 1 troy ounce of silver and is quoted in U.S. dollars, like the underlying commodity markets.
- XAG on EdgeX is a synthetic perpetual market that tracks 1 troy ounce of silver. It trades on EdgeX, so you can gain long or short exposure without holding the physical commodity.
- XAG on EdgeX is a synthetic perpetual market that tracks 1 troy ounce of silver. It trades on EdgeX, so you can gain long or short exposure without holding the physical commodity.
- Can XAG's price on EdgeX differ from the price on other venues?
- Yes. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently and can differ from the same instrument on another venue.
- What does it mean that EdgeX runs its own funding schedule?
- Funding is a periodic payment between long and short positions that keeps a perpetual's price anchored to its underlying. EdgeX sets and settles its own funding on its own schedule, so the funding rate on EdgeX can differ from the funding rate on other venues.
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