xCORNReal-World Asset
LandX xCORN Perpetual Commodity Crop Token
- Value of backing
- $1.3M
- 22D change
- 0.0%
- Yield · Target distribution
- 8.40%
- NAV
- 4.8500
- Management fees
- 0.35%
- Minimum
- $100
- Redemption
- Daily
- Launched
- 20 Mar 2024
Depends onSmart Contracts
Field coverage 92%Primary-source or on-chain verified 100% of tracked metrics0/2 source documents analyst-verifiedLast reconciled 13 Nov 2026
Overview
What this product is
Perpetual agricultural commodity token on Ethereum backed by registered legal liens on operating farmlands delivering annual corn crop yield to holders.
- Underlying asset
- Perpetual legal crop-share lien securing 1 kg of corn annual harvest delivery guaranteed by registered farmland mortgages
- Asset class
- Commodity
- Product structure
- Commodity-Backed Token
- Legal structure
- BVI Professional Fund
- Issuer jurisdiction
United Arab Emirates- Fund domicile
- United Arab Emirates
- Base currency
- USD
- Launched
- 20 Mar 2024
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
Issuer
Who runs it
LandX FinanceDubai, United Arab Emirates
Dubai, United Arab EmiratesPerpetual commodity RWA protocol tokenizing farmland legal crop-share agreements into yield-bearing commodity tokens on Arbitrum and Ethereum.
Portfolio
Composition
- Underlying Farmland Legal Crop-Share Mortgage Liens95.0%
- USDC Collateral Reserve Buffer5.0%
Backing
Attestation
Asset backing
What each token represents in physical terms.
- Underlying Farmland Legal Crop-Share Mortgage Liens95.0%
- USDC Collateral Reserve BufferCash & equivalents5.0%
Backing
Physical backing
Perpetual legal crop-share lien securing 1 kg of corn annual delivery per token guaranteed by registered farmland mortgages
- Unit backing
- 1 token = legal entitlement to 1 kg of corn annual harvest crop output
- Valuation
- monthly
- Location
- Underlying Registered Farmland Mortgages (US & EU)
On-chain history begins 22 Oct 2026 and covers 22 days of readings.
AUM
$1.3M
Assets under management
+0.0% over 22 days held
Yield
8.40%
Yield history. Target distribution
+0.0% over 22 days held
NAV
4.8500
NAV per token
+0.0% over 22 days held
Movement
Recent daily movement
Net movement $0Over 22 daysChange 0.0%
| Direction | ||||
|---|---|---|---|---|
| 12 Nov 2026 | $1.3M | $0 | 0.0% | |
| 11 Nov 2026 | $1.3M | $0 | 0.0% | |
| 10 Nov 2026 | $1.3M | $0 | 0.0% | |
| 09 Nov 2026 | $1.3M | $0 | 0.0% | |
| 08 Nov 2026 | $1.3M | $0 | 0.0% | |
| 07 Nov 2026 | $1.3M | $0 | 0.0% | |
| 06 Nov 2026 | $1.3M | $0 | 0.0% | |
| 05 Nov 2026 | $1.3M | $0 | 0.0% | |
| 04 Nov 2026 | $1.3M | $0 | 0.0% | |
| 03 Nov 2026 | $1.3M | $0 | 0.0% |
Redemption
Terms
Contractual terms
- Redemption frequency
- Daily
- Dealing cut-off
- 16:00 UTC daily
- Settlement
- Immediate on-chain swap via USDC
- Redemption fee
- 0.25%
- Secondary venues
- Uniswap v3 (Ethereum), LandX dApp Liquidity Pools
- Transfer restrictions
- Transfers restricted outside US persons.
These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.
Assessment
Liquidity profile
Primary redemption
Daily · Immediate on-chain swap via USDC
Off-hours exit
Constrained to 16:00 UTC daily
Secondary market
Uniswap v3 (Ethereum), LandX dApp Liquidity Pools
Transferability
Freely transferable after compliance period
Exit fee
0.25% on redemption
Relationship graph
Operational dependency network
Every firm and system this product relies on. Select any of them to open its profile.
Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.
Open in Ecosystem Graph →Issuance & legal
Who is legally on the hook for this product.Custody
Where the backing assets actually sit.Markets & settlement
Where it trades and how value moves between venues and chains.
Look-through
Other tracked products this one holds.
Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.
Deployments
Registry
Networks and contracts
| Contract / asset id | |||
|---|---|---|---|
| EthereumPrimary | public l1 | 0x5074c4FA38…fb39E859 | 100.0% |
Counterparties
Service providers
If any of these has a problem, this product is affected.
- Custodian
- Smart Contracts· Decentralized
- Administrator
- LandX· Dubai, United Arab Emirates
- Transfer agent
- Not disclosed
- Tokenization platform
- LandX· Dubai, United Arab Emirates
- Oracle / attestation
- Not disclosed
Access
Classification
Who may hold this
RetailNot eligible
AccreditedEligible
ProfessionalNot eligible
InstitutionalEligible
- Minimum investment
- $100
- Allow-list required
- No
- Transfer restrictions
- Transfers restricted outside US persons.
Geography
Where it is available
United StatesNot available
European UnionNot available
SingaporeAvailable
United KingdomAvailable
SwitzerlandAvailable
Hong Kong SARAvailableUnited Arab EmiratesAvailableExplicit prohibitions
- −United States
- −Cuba
- −Iran
- −North Korea
- −Syria
Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.
Structure
Legal and regulatory
- Legal structure
- BVI Professional Fund
- Product structure
- Commodity-Backed Token
- Fund domicile
- United Arab Emirates
- Issuer jurisdiction
- United Arab Emirates
- Transfer agent
- Not disclosed
The domicile of the fund and the jurisdiction of its manager are frequently different. Both are recorded separately because they drive different questions: tax and insolvency follow the domicile, supervision follows the manager.
Source documents
Offering documentation
The documents behind the figures on this page. Anything marked verified has been checked by an analyst.
Related intelligence
0 events reference this product
No tracked events reference this product yet.