This is Meguiar's Black Wax Paste. It comes with a the a 198g tube of wax and foam applicator.
This wax has a ton of fillers in it. This is the perfect was for hiding fine swirls, it's good competition against glazing.
As the box and tube states, it's chock full of fillers and has a polishing compound in it to keep your clear coat looking wet even after the wax wears off. The actual wax itself honestly looks like anti seize compound. It's pearl silver and gray in colour. The wax spread is slightly harder than NXT 2.0 and much easier than the crap that's in Turtle Wax's Black Box kit.
After application, wait for dry (waiting a good 30 minutes, NJ winter weather), removed the residue and this was the result
The surface is like glass, and the clearcoat looks like a lake. The color depth was intensified as well. When looking at it straight on, you look like a ghost in black space.