RWTS Compare
XAUm vs mUSDC-SH
Side-by-side Trust Score comparison based on the RWTS Rating methodology. Six dimensions of structural trust, scored independently.
Higher Score
Matrixdock XAUm
XAUm
83T1
Trust Score
83
APY
0.00%
TVL
$49.78M
Morpho USDC Vault (Steakhouse)
mUSDC-SH
79T3
Trust Score
79
APY
4.28%
TVL
$1.22B
Dimension Comparison
| Dimension | XAUm | mUSDC-SH | Max | Edge |
|---|---|---|---|---|
| Asset Backing | 24+9 | 15 | 25 | XAUm |
| Proof of Reserves | 18 | 18 | 20 | Tied |
| Redeemability | 13 | 13 | 15 | Tied |
| Audit & Security | 13 | 14+1 | 15 | mUSDC-SH |
| Regulatory Standing | 9 | 10+1 | 15 | mUSDC-SH |
| Track Record | 6 | 9+3 | 10 | mUSDC-SH |
| Total | 83 | 79 | 100 | XAUm+4 |
Key Facts
| Attribute | XAUm | mUSDC-SH |
|---|---|---|
| Tier | T1: Physically-Backed RWA | T3: Secured DeFi |
| Chain | Multi-chain | Ethereum |
| Risk Level | Low | Low |
| Backing | 1 troy oz LBMA 99.99% gold (allocated, audited) | USDC deposits lent via curated lending markets |
| Protocol | Matrixdock | Morpho |
| Lock-up | None | None (flexible withdrawal) |
| Audited | Yes | Yes |
XAUm Details
Full profile and yield calculator
mUSDC-SH Details
Full profile and yield calculator
RWTS Methodology
How scores are calculated
This comparison is based on the RWTS Trust Score framework and is not financial advice. It does not constitute a recommendation to buy, sell, or hold either asset. Always conduct your own due diligence.