PAX Gold

PAX Gold
PAXG
Contract address
0x4580...cbaf78
Copy PAXG contract address
$4,629.83
-$5.24(-0.11%)Today
Market cap
2.00B
Total volume (24h)
168.99M
Volume / Market cap
0.0845
Circulating supply
432.10K
Day range (24h)
$4,597.99$4,687.37
All-time low
$1,399.64
All-time high
$5,619.09

About PAX Gold (PAXG)

PAX Gold (PAXG) is a decentralized cryptocurrency. Today, August 25, 2026 17:43 UTC, PAXG is currently trading at $4,629.83 with a market cap of $2,000,790,962 and 24h volume of $168,991,454.

The all-time high of PAX Gold was $5,619.09 and the all-time low was $1,399.64.

You can buy, sell, manage, and trade PAXG directly in MetaMask.

Price history

Today (August 25, 2026)$4,629.83-0.11%
24 hours ago (August 24, 2026)$4,635.07-0.11%
1 week ago (August 18, 2026)$4,363.65+6.10%
1 month ago (July 26, 2026)$4,057.70+14.10%
1 year ago (August 25, 2025)$3,357.38+37.90%

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PAXG market moves

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24h change: +0.53%. From $4,607.22 to $4,631.75.

  • Paxos replaced its two-hour batch allocator with an event-driven delta engine that maps each PAXG token to specific physical gold bars in London vaults within seconds of transfers, mints or burns. Events now average 1.24 milliseconds to process, and an hourly optimizer consolidates holdings for over 62,000 token holders in under 40 seconds while maintaining a low fragmentation score. The upgrade improves on-chain accuracy and traceability without altering monthly KPMG attestations or OCC regulatory oversight. It also supports automatic multi-chain expansion, building on the existing Solana deployment.
  • PAXG attracted more than $125 million in inflows over a recent 30-day period while Tether Gold added $237 million. The two tokens represent 89 to 97 percent of the tokenized gold market. Sector market capitalization rose 30 percent in the first quarter of 2026 and spot trading volume reached $90.7 billion, exceeding the full prior year. Ethereum remains the primary settlement layer alongside growing DeFi usage.
  • PAXG has traded in a tight range near recent highs following gains tied to broader gold price strength. On-chain metrics show high concentration among top holders, with the largest wallets controlling a significant portion of supply. Trading volume has remained elevated and analysts monitor technical levels such as nearby resistance and support for the next move. The token continues to reflect gold market dynamics while offering on-chain utility.

24h change: +0.40%. From $4,589.26 to $4,607.62.

  • Paxos introduced a new delta engine that maps each PAXG token to specific physical gold bars instantly instead of recomputing allocations every two hours. Transfers, mints and burns now process in an average of 1.24 milliseconds with an hourly optimizer that consolidates holdings for over 62000 token holders. The system improves traceability and on-chain accuracy while remaining fully compatible with existing monthly KPMG attestations and OCC regulatory supervision. This technical enhancement supports PAXG's multi-chain expansion including its existing deployment on Solana.
  • Reports show PAXG attracted more than 125 million dollars in inflows over a recent 30-day period as interest in tokenized gold assets grew. Combined with Tether Gold, these products represent the large majority of the tokenized gold market which has seen its overall capitalization rise significantly. Spot trading volumes for tokenized gold have exceeded prior full-year totals with increased institutional participation through OTC desks and DeFi protocols. This reflects broader macro interest in gold exposure that is divisible, transferable and usable as on-chain collateral.
  • Solana-based protocol Kamino launched isolated credit markets that allow users to supply PAXG as collateral for borrowing without selling their gold exposure. This adds yield-generating options to the asset which was previously used primarily for store of value. The integration follows PAXG's deployment on Solana in June 2026 via Sunrise DeFi and aligns with broader growth in real-world asset usage across decentralized finance. Paxos maintains the same custody, attestation and regulatory standards across chains.

24h change: -0.60%. From $4,615.29 to $4,587.60.

  • Paxos upgraded its allocation engine to map each PAXG token to specific physical gold bars in real time rather than through batch processing every two hours. The new delta engine handles transfers, mints and burns in an average of 1.24 milliseconds per event, with an hourly optimizer that consolidates allocations for over 62,000 holders in under 40 seconds. This improves traceability, matches on-chain balances precisely to vaulted gold, and supports chain-agnostic expansion including the existing Solana deployment. Monthly KPMG attestations and OCC regulatory oversight continue to underpin trust in the 1:1 backing.
  • PAXG saw over $125 million in inflows in a recent 30-day period as tokenized gold assets gained traction. Solana DeFi protocol Kamino launched isolated credit markets allowing PAXG to be supplied as collateral for borrowing without selling exposure. These developments add yield opportunities and liquidity while Paxos maintains regulatory compliance and attestations. Institutional OTC trading by Wintermute further supports the sector, which has seen spot volumes exceed prior yearly totals.
  • PAXG has tracked gains in physical gold prices amid macro factors including U.S. debt concerns, liquidity measures and inflation hedging. Price analysis notes correlation with Bitcoin and gold as investors seek alternatives to traditional assets. On-chain data shows elevated activity and whale concentration while the token consolidates after recent upside. This reflects broader tokenized commodity interest without coin-specific catalysts dominating the move.

24h change: +2.50%. From $4,496.10 to $4,608.50.

  • In mid-August 2026, Solana DeFi protocol Kamino launched 24/7 isolated credit markets for tokenized gold. Holders can now supply PAXG as collateral to borrow and lend against assets such as USDG without selling their exposure. This adds yield and liquidity options to what was primarily a store-of-value token. The move reinforces PAXG's position among leading tokenized gold assets used across DeFi collateral on multiple chains including Ethereum and Optimism.
  • PAXG has traded in the $4,300 to $4,600 range in August 2026, closely tracking record levels in physical gold prices. Market capitalization has increased by approximately $125 million over the past 30 days. Analysts highlight PAXG as a top tokenized-gold asset and major DeFi collateral. Broader adoption reflects investor demand for on-chain exposure to gold without traditional storage or settlement delays.
  • Paxos deployed a real-time per-bar allocator that maps specific physical gold bars to individual PAXG tokens using an event-driven engine. The platform now offers zero on-chain transfer fees and maintains monthly KPMG attestations with serial number and weight lookup by wallet address. Users can redeem tokens for physical LBMA bars or USD at market rates. These updates improve trust, lower costs, and differentiate PAXG from other gold-backed tokens or ETFs.

24h change: +0.50%. From $4,483.90 to $4,506.32.

  • Multiple decentralized finance platforms have added support for PAXG in recent weeks. Kamino launched isolated credit markets for tokenized gold on Solana. enabled PAXG trading and borrowing backed by Aave V4 on Optimism, while vaults like those from Enhanced DeFi allow holders to earn yield through covered call strategies reporting around 9 percent APR in recent epochs. Paxos deployed real-time per-bar allocation technology to support these uses. These changes allow tokenized gold to generate returns rather than remain idle in vaults.
  • Trading firm Wintermute launched institutional OTC trading for PAXG and XAUT, projecting the tokenized gold sector could reach $15 billion by the end of 2026. Tokenized gold spot trading volumes have exceeded $126 billion in recent periods. This reflects demand for blockchain-based gold offering 24/7 liquidity, instant settlement and use as DeFi collateral compared with traditional markets. PAXG maintains a leading share of the tokenized commodities market.
  • Technical charts indicate PAXG broke out of multi-month consolidation and flag patterns with $4,197 resistance flipping to support. Price holds above $4,300-$4,320 demand zones with buyers absorbing dips. The token is up roughly 2-3 percent in the last 24 hours, tracking strength in physical gold prices. Market capitalization has risen over the past 30 days to around $1.97 billion.

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