PAX Gold

PAXG

Current price

$4,155.57

+0.22%24h

LiveUpdated 26s ago

TodayPAX Gold is flat, while the market falls.

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Time	Price

Change by period

1 hour−0.14%
24 hours+0.22%
7 days+0.65%
30 days−3.08%
1 year−1.87%

PAX Gold's move in context

Beating the market today
+0.22% today against −3.27% for the market as a whole, a gap of 3.5 points. A gap this wide suggests something specific to PAX Gold may be moving it, not just the market mood.
Trend has turned
+0.6% over 7 days and −3.1% over 30 days: the last week went against the monthly direction.

This is analysis of past prices, not a prediction or financial advice.

About PAX Gold

Overview

Pax Gold (PAXG) is a digital asset that allows investors to experience the unique advantages of physical gold ownership without the drawbacks of storage and transportation. Its core mission is to make gold more accessible by broadening the ways people can own and transact with gold. Each PAXG token is backed by one fine troy ounce of a London Good Delivery gold bar, which is stored in professional vault facilities. This ensures that users have transparency and credibility. Pax Gold distinguishes itself through regulatory compliance, being issued by Paxos Trust Company, a regulated financial institution in the United States. This gives PAXG the unique feature of combining the modern capabilities of a cryptocurrency with the weight of institutional trust.

Technical Features

Pax Gold is an ERC-20 token, which means it is built on the Ethereum blockchain. This offers several technical features including programmable, smart contract capabilities, and integration with the broader Ethereum ecosystem. Being on Ethereum also means that PAXG benefits from the Ethereum network’s Proof of Stake (PoS) consensus mechanism post-Merge, which enhances its security with robust cryptographic algorithms while providing improved scalability. Additionally, holders of PAXG can easily interact with decentralized applications (dApps) and decentralized finance (DeFi) platforms, which is facilitated by Ethereum’s interoperability. The technical structure of PAXG guarantees its security and enables seamless transactions through its digitized approach to gold ownership.

Use Cases

Pax Gold serves a multitude of use cases, primarily focusing on providing a tokenized representation of gold that can be used within the digital and decentralized financial environment. PAXG is fundamentally applicable in the DeFi ecosystem, where it can be used as collateral for loans or to earn interest in yield farming platforms. Additionally, it functions effectively for cross-border payments, offering a stable, gold-backed means for transferring value globally. Investors also use PAXG as a tool for portfolio diversification, harnessing the stability of gold to hedge against market volatility. Moreover, PAXG tokens can serve as a medium for utilizing gold-backed assets in the burgeoning NFT markets, extending its use into digital collectibles and unique asset representations.

Development Background

Pax Gold was launched in September 2019 by Paxos Trust Company, a notable name in the digital asset space quickly gaining reputation for innovation and trust. Founded by Charles Cascarilla and Rich Teo, Paxos has focused on bridging traditional financial assets with blockchain technology. Paxos’s journey in developing PAXG is marked by thorough regulatory compliance and a dedication to providing new ways to tokenize and transact real-world assets. The introduction of PAX Gold was a significant milestone in the blockchain industry, enabling consumers to interact digitally with gold in a way that is unrivaled by traditional methods.

Community and Ecosystem

The Pax Gold community consists of investors, financial institutions, developers, and cryptocurrency enthusiasts. It is backed by various partnerships across the crypto and financial sectors, enhancing its usability and integration within multiple platforms. As an ERC-20 token, PAXG benefits significantly from the existing Ethereum community, bursting with innovative projects and solutions. There are several applications and platforms that have incorporated PAXG, ranging from exchanges to wallet providers, ensuring a manifold presence within the crypto ecosystem. The Paxos team actively engages with users and developers to push for further integrations and collaborations that support the Pax Gold ecosystem and its ongoing development.

Future Potential

With its strong backing and utility-oriented features, Pax Gold is poised for substantial impact and growth in the digital asset space. As financial markets continue to shift towards decentralized models, PAXG offers an attractive and reliable option for digitized gold ownership. The roadmap indicates a steady push towards greater integration with decentralized platforms and expanding its reach within global financial systems. As the demand for stable and secure digital assets grows, PAXG is expected to make significant strides, potentially evolving its functionality and asset backing to meet developing market needs. The continuous development and adoption of blockchain technologies further underline the potential future expansion and significance of Pax Gold in stabilizing and diversifying crypto portfolios

PAX Gold market

: #41; Position by market cap among the coins we track.
: $1.83B; Price × coins in circulation. It measures a coin's size, not its quality.
: Low $4,087.47High $4,162.90; The lowest and highest price in the last 24 hours. The dot marks the current price.
: $5,631.15; Now 74% of itReached 29 Jan 2026 · Needs +36% to get back; The highest price this coin has ever reached. The bar shows today's price as a share of it.
: 439.41K PAXG; Coins that exist now and can be traded.
: No limit listed; The most coins that can ever exist. Some coins have no limit.

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