PAX Gold

24h change: +0.04%. From $4,182.22 to $4,183.86.

• Paxos Labs introduced PAXGy, a token built on PAX Gold that accrues additional gold exposure through institutional bullion leasing. Holders deposit PAXG or swap stablecoins for PAXGy, whose exchange rate versus PAXG rises as lending income is earned rather than by increasing token balances. This gives retail users access to gold leasing yields previously available only to institutions. Early transparency data shows an exchange rate of about 1.0018 ounces per PAXGy and a recent 7-day growth rate near 3.2 percent. The product is available on OKX, Uniswap, X Layer and other platforms with Chainlink powering cross-chain moves and pricing.
• The number of wallets holding tokenized commodities including PAXG has grown 3.6 times over the past year to more than 450,000. This reflects broader retail and institutional interest in regulated, on-chain gold exposure. PAXG remains a core asset in the sector, which accounts for the majority of tokenized commodity holders. Recent developments such as the PAXGy launch and liquidity commitments like GSR's $100 million for related vaults are contributing to increased utility and on-chain activity in tokenized gold.

24h change: +1.17%. From $4,129.64 to $4,178.00.

• Paxos Labs introduced PAXGy, a token backed by PAXG that lets holders earn returns through institutional gold leasing. The yield accrues by increasing the PAXGy-to-PAXG exchange rate in gold terms rather than increasing token balances. Holders can deposit PAXG or swap stablecoins for PAXGy, redeem back to PAXG, and move positions cross-chain via Chainlink without unwinding. It is available on OKX, Uniswap, X Layer and other platforms while preserving full regulatory backing and KPMG attestations.
• Paxos deployed PAXG on Solana using the Token-2022 standard to tap into the blockchain's low fees, high speed and growing RWA ecosystem. The issuer also upgraded its allocation system to map each token to specific physical gold bars in real time rather than in batches every two hours. These changes improve transparency, efficiency and multi-chain readiness while maintaining the same regulatory standards, monthly KPMG attestations and redeemability for physical gold.
• Market maker GSR committed $100 million to anchor liquidity for Hare Gold Earn, an Aave-powered vault that accepts PAXG and the new PAXGy token. This follows the PAXGy launch and reflects rising institutional interest in tokenized gold yield opportunities. On-chain TVL for PAXG in DeFi protocols has grown, and tokenized gold overall has seen significant inflows and market expansion as investors seek regulated gold exposure on blockchain.

24h change: +0.61%. From $4,106.71 to $4,131.96.

• Paxos Labs introduced PAXGy in late September 2026 as a token that accrues value in troy ounce terms. Users deposit PAXG or swap approved stablecoins to receive PAXGy whose exchange rate versus PAXG rises as underlying reserves are lent in the institutional bullion leasing market. Returns compound through the exchange rate instead of increasing token balances and holders can redeem for PAXG at any time. The product integrates Chainlink CCIP for cross-chain transfers without unwinding positions and is available on OKX, Uniswap, X Layer and other platforms while preserving full regulatory backing and attestations. This development expands utility for tokenized gold holders seeking yield measured in physical gold rather than fiat.
• Paxos brought PAXG to the Solana blockchain in June 2026 using the Token-2022 standard. The move leverages Solana's low fees, high speed and growing real-world asset ecosystem where RWA TVL has increased significantly. PAXG remains fully backed by physical gold in LBMA vaults with the same regulatory standards and attestations across chains. Real-time allocation upgrades announced later in 2026 further support chain-agnostic transparency by mapping tokens to specific gold bars in milliseconds rather than hours. This broadens access for DeFi users seeking tokenized gold exposure without physical handling.
• GSR committed $100 million to anchor liquidity for Hare Gold Earn, an Aave-powered vault accepting PAXG and PAXGy. This follows the PAXGy launch and reflects rising institutional interest in yield opportunities on tokenized gold. On-chain data shows PAXG DeFi TVL in pools such as Uniswap and Aave exceeding $16 million primarily on Ethereum. These developments connect regulated gold backing with decentralized finance protocols while maintaining compliance and transparency. Tokenized gold market capitalization has approached or exceeded $5-6 billion with growing trading volumes.

24h change: -1.67%. From $4,173.29 to $4,103.63.

• Paxos Labs introduced PAXGy in late September 2026 as a token built on PAXG reserves. Users deposit PAXG or swap stablecoins to receive PAXGy, whose exchange rate versus PAXG increases as reserves are lent in the institutional bullion leasing market. Returns accrue in troy ounce terms rather than by expanding supply, and holders can redeem for PAXG. The product uses Chainlink CCIP for cross-chain transfers without unwinding positions and integrates with platforms like , OKX, Uniswap and X Layer while preserving regulatory backing and KPMG attestations.
• Paxos brought PAXG to Solana in June 2026 using the Token-2022 standard and Sunrise DeFi. This makes it the first OCC-regulated tokenized gold asset on the network, leveraging low fees and fast finality. The move forms part of a multi-chain strategy that maintains full physical gold backing, monthly attestations, and compliance features. Solana's growing real-world asset ecosystem, with RWA TVL rising sharply, provides new DeFi use cases for tokenized gold.
• Paxos upgraded its PAXG gold allocation system from periodic batch processing to real-time mapping of tokens to specific physical bars. The change reduces latency from hours to milliseconds for transfers, mints and burns. It enhances transparency for holders, reduces fragmentation and supports further multi-chain expansion. The system remains fully compliant with existing regulatory standards and attestation processes.

24h change: +0.32%. From $4,161.32 to $4,174.59.

• Paxos Labs launched PAXGy on September 24, 2026 as a token built directly on PAX Gold reserves. Users deposit PAXG or swap stablecoins to receive PAXGy whose exchange rate versus PAXG increases as reserves are lent to vetted institutional borrowers in the bullion leasing market. Returns accrue in troy ounce terms rather than by increasing token supply. Holders can redeem for PAXG and transfer positions across chains without unwinding using Chainlink CCIP. The product expands options for tokenized gold holders while preserving the regulatory backing and attestations of the underlying PAXG.
• Paxos brought PAX Gold to the Solana blockchain using the Token-2022 standard to enable native compliance controls. The expansion leverages Solana's low fees and fast finality to improve access within its growing real-world asset ecosystem. It forms part of a broader multi-chain strategy that includes updates to support omnichain functionality while maintaining full physical gold backing and regular KPMG attestations. Solana's RWA TVL has grown substantially, making it a logical next step for regulated tokenized gold.
• Paxos upgraded its PAXG allocation system from batch processing every two hours to a real-time delta engine. Each token now maps to specific physical gold bars in milliseconds during transfers, mints or burns. The change improves transparency for holders, reduces fragmentation of gold bars and supports further multi-chain expansion. PAXG remains fully backed by London Good Delivery gold with monthly independent attestations by KPMG.