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PAX Gold

PAX Gold

PAXG
#47
$4,387.07Down 0.55 percent($24.35)

Key Stats

Market Cap$1.89BDown 0.55 percent
Volume (24h)$61.71M
Fully Diluted Value$1.89B
Vol/Mkt Cap (24h)3.27%
Total Supply429.99K PAXG
Max Supply∞
Circulating Supply429.99K PAXG
Launch Date2019-08-29
Built OnETH
Token StandardERC20
Smart Contract Address0x4580…af78
Decimal Places18

PAX Gold Information

Websites
www.paxos.comWhitepaper
Industries
Wrapped Collateral
Parent Asset
XAU

PAX Gold Price Converter

PAX GoldPAXG
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Latest PAX Gold News

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Paxos' gold token rakes in record inflows as crypto investors turn to the yellow metal
Positive

Paxos' gold token rakes in record inflows as crypto investors turn to the yellow metal

Positive

Commodity-Backed Cryptocurrencies Hit 5-Year Minting Record Over Gold Trade Turmoil

Positive

Kyrgyzstan's Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3

Neutral

Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market

Research Reports

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Market Cap of Tokenized Assets Hit $24.6B in January, a New All-Time High
Featured

Market Cap of Tokenized Assets Hit $24.6B in January, a New All-Time High

Fed's First Cut in 9 Months Slashes $500M from Stablecoin Revenue

Fed's First Cut in 9 Months Slashes $500M from Stablecoin Revenue

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PAX Gold Markets

View all
InstrumentExchangeBenchmark DataPrice24h Change
PAX GoldUSDT logo
PAXG-USDT
PAXGUSDT
binance logobinance
AA
4,387.83USDT
-0.53%
PAX GoldUSDT logo
PAXG-USDT
PAXG_USDT
whitebit logowhitebit
BB
4,388.18USDT
-0.49%
PAX GoldUSD logo
PAXG-USD
PAXGUSD
kraken logokraken
AA
4,386.00USD
-0.56%
PAX GoldUSD logo
PAXG-USD
PAXG-USD
coinbase logocoinbase
AA
4,386.70USD
-0.55%
PAX GoldUSDC logo
PAXG-USDC
PAXG-USDC
coinbaseinternational logocoinbaseinternational
BB
4,386.70USDC
-0.55%

PAX Gold Supported Platforms

View all
Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
PAXGERC20ETH0x45804880de22913dafe09f4980848ece6ecbaf782019-08-29
PAXGERC20NRG0xbF8afa4663B30c621a5f7497a972Fc63c1a06c662021-04-11
WPAXGSPLSOLC6oFsE8nXRDThzrMEQ5SxaNFGKoyyfWDDVPw37JKvPTe2025-06-22

About PAX Gold

PAXG is a digital asset that represents physical gold stored in a vault, each token representing one troy ounce of a 400 oz London Good Delivery gold bar. It is built on the Ethereum blockchain and issued by Paxos Trust Company, a regulated financial institution and custodian of the physical gold. PAXG is primarily used as a way for investors to invest in and hold gold in a digital form, and it can be traded on various exchanges. It can also be used as collateral for loans and other financial services within the cryptocurrency and blockchain ecosystem, and Paxos Trust Company has developed institutional-grade APIs and solutions for businesses and developers who want to use PAXG and other Paxos assets in their applications.

Frequently Asked Questions

PAXG is a digital asset that represents physical gold stored in a vault. Each token represents one troy ounce of a 400 oz London Good Delivery gold bar, and the value of PAXG is directly tied to the market price of gold. PAXG is built on the Ethereum blockchain and is issued by Paxos Trust Company, a regulated financial institution that serves as the custodian of the physical gold backing the PAXG tokens.

PAXG was created by Paxos Trust Company, which was founded in 2012 as itBit Trust Company. The company is based in New York and has since expanded to offer a range of blockchain-based financial services, including PAXG.

PAXG is primarily used as a digital asset that represents physical gold, allowing users to invest in and hold gold in a digital form. PAXG can be traded like any other cryptocurrency on various exchanges and can be redeemed for physical gold. This makes it a convenient way for investors to gain exposure to gold without having to purchase and store physical gold themselves.

In addition, PAXG can be used as collateral for loans and other financial services within the cryptocurrency and blockchain ecosystem. Paxos Trust Company has also developed a range of institutional-grade APIs and solutions for businesses and developers who want to use PAXG and other Paxos assets in their applications.

Overall, PAXG provides a secure and transparent way for investors to hold and invest in physical gold through a digital asset that is built on the Ethereum blockchain and issued by a regulated financial institution.