# Alloy by Tether

- [Alloy by Tether Vaults](/alloy-by-tether/alloy-by-tether-vaults.md): Vaults, the core of Alloy by Tether.
- [Oracle](/alloy-by-tether/alloy-by-tether-vaults/oracle.md): Introduction to the Oracle, the pricing tool of Vaults
- [XAU₮](/alloy-by-tether/alloy-by-tether-vaults/xaumnt.md): Tether Gold is a centralised stablecoin, denominated in Fine Troy Ounces of Gold, that represents the ownership of Physical Gold.
- [aUSD₮](/alloy-by-tether/alloy-by-tether-vaults/ausdmnt.md): A non-algorithmic, gold Backed, on chain, Tethered asset.
- [Liquidations](/alloy-by-tether/alloy-by-tether-vaults/liquidations.md): This page explains the liquidation mechanism in the Alloy by Tether Vaults