Grand Vault
There are currently 487,309,414,120 coins in the vault!
Manually inspect the price chart
$GP is a real-world asset backed 1:1 by vaulted Old School RuneScape gold. One token, one 200M gp stack — currently $56.22. Buy a stack. Hold a stack. Redeem a stack.
0.5% mint fee · 1 $GP = one 200M gp stack
Welcome to Grand Vault!
The hardest asset in gaming has been hiding in Gielinor for 25 years. $GP puts it on-chain: every token is backed by a real, vaulted 200M gp stack — attested weekly, redeemable in-game, and sellable back to the vault instantly at 90% of spot.
The Thesis
Gold As Income: The Original Play-To-Earn
Community | 21 August 2026
Across the developing world, RuneScape gold IS income — farmed, traded, and cashed out daily as a working currency. It was play-to-earn decades before crypto coined the term, with continuous real-dollar liquidity since 2001. Read More...
The Bot Ban Squeeze
Game Updates | 20 August 2026
Jagex's aggressive bot crackdowns are choking gold production while player demand holds. The result: the real-world price of gold has ground steadily upward for over a year — up 69% off the 12-month low. Fewer farmers, same demand, harder money. Read More...
The Jagex Floor: A 77% Discount
Behind The Scenes | 19 August 2026
Jagex itself sells Bonds that redeem for gold at an implied ~$1.20/M — the publisher's own list price. Street gold trades at $0.28/M. The vault accumulates at street price, 77% below the official rate. Read More...
How it works
A stablecoin, except the peg is a cash stack.
Source & vault
We accumulate OSRS gold OTC at street price and split it across cold-storage vault accounts with 2FA and hardware-keyed logins. Every stack is counted on a livestreamed bank-opening.
Mint 1:1
For every attested 200M gp stack in the vault, exactly one $GP can exist. Supply is elastic — minted on deposit, burned on redemption. No premine, no team allocation.
Trade or redeem
Trade $GP on-chain like any token, sell it back to the vault instantly at 90% of spot, or burn it and take delivery of your 200M gp at the Grand Exchange within 24 hours.
Proof of reserves
Don't trust. Right-click examine.
The reserves live where OSRS wealth has always lived: in the bank. One coin stack per vault account, verified weekly on stream and published to an on-chain reserve feed. The vault runs 101.4% backed — more gold than tokens, always.
Click a stack to examine it · Tab 2 holds the collection · Withdraw as: Note = mint $GP
Tokenomics
The gold is the tokenomics.
Fully elastic. Minted only against attested vault deposits, burned on every redemption. Zero premine, zero team bag.
Flat mint and redeem fee. Half funds vault operations and attestations, half buys more gold for the overcollateralization buffer.
Sell back to the vault at 90% of spot, settled in USDC on the spot. No order book, no counterparty, no waiting for a whale.
Deployed on Robinhood Chain, the RWA-focused Arbitrum Orbit L2 — bridged to Arbitrum One for DEX liquidity.
Questions from the Clan Chat
What exactly is $GP?▾
A real-world-asset token where the real-world asset is Old School RuneScape gold. Each $GP maps 1:1 to a 200M gp stack held in the project's vault accounts. The token's floor is the vault: sell it back instantly at 90% of spot, or redeem it for the gold itself.
Is this affiliated with Jagex?▾
No. Grand Vault is an independent, community-built experiment. Old School RuneScape and Jagex are trademarks of Jagex Ltd, which does not endorse, sponsor, or have anything to do with this project.
How do redemptions work?▾
Burn your $GP in the app, pick a world, and a vault mule meets you at the Grand Exchange within 24 hours with your 200M gp per token. Prefer cash? Instant buyback pays 90% of spot in USDC with no queue.
How do I know the gold is actually there?▾
Weekly attestations publish every vault account's balance to an on-chain reserve feed, and bank openings are livestreamed with the wealth evaluator on screen. The vault targets a minimum of 100% backing and currently sits above it.
What if vault accounts get banned?▾
Real risk — gold trading is against Jagex's rules, and we won't pretend otherwise. Mitigations: reserves are split across many isolated cold-storage accounts, the vault is overcollateralized, and the fee buffer continuously buys replacement gold. This is a degen experiment; size accordingly.
Why would gold keep going up?▾
Nobody can promise it does. The thesis: bot crackdowns keep cutting supply while demand from players and gold-as-income economies holds, and Jagex's own bond pricing implies a rate around 4× the street price. Read the thesis section, then make your own call.
Your bank is worth more than you think.