PAX Gold

PAX Gold
PAXG
Contract address
0x4580...cbaf78
Copy PAXG contract address
$4,372.44
-$4.37(-0.10%)Today
Market cap
1.91B
Total volume (24h)
30.52M
Volume / Market cap
0.0160
Circulating supply
436.95K
Day range (24h)
$4,371.24$4,378.27
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 16, 2026 15:52 UTC, PAXG is currently trading at $4,372.44 with a market cap of $1,910,517,512 and 24h volume of $30,518,429.

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 16, 2026)$4,372.44-0.10%
24 hours ago (August 15, 2026)$4,376.82-0.10%
1 week ago (August 9, 2026)$4,350.69+0.50%
1 month ago (July 17, 2026)$3,989.45+9.60%
1 year ago (August 16, 2025)$3,332.65+31.20%

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PAXG market moves

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24h change: -0.10%. From $4,378.02 to $4,373.64.

  • Paxos announced that its OCC-regulated PAXG token is now eligible as collateral in 's neobank credit line, which runs on a dedicated Aave V4 instance on Optimism. Holders can borrow stablecoins or spend via card against their tokenized gold while the physical metal remains secured in vaults. This development expands the real-world utility of tokenized gold in decentralized finance and neobanking applications. It reflects broader adoption of RWAs for yield, borrowing, and everyday spending.
  • Paxos brought PAXG to the Solana blockchain in June 2026 as the first step in its multi-chain expansion strategy. The move aims to lower fees and improve accessibility compared to Ethereum-only deployment. It builds on PAXG's regulated status and monthly attestations that verify full gold backing. This supports growing institutional and retail demand for tokenized real-world assets.
  • PAXG and other tokenized gold products continue to attract inflows and protocol integrations as investors seek yield on hard assets. Recent examples include use in lending protocols, vaults for covered calls, and as collateral alongside tokenized equities. Market data shows tokenized gold volumes and TVL growing alongside physical gold prices. Paxos maintains strict regulatory oversight and real-time gold-to-token mapping.

24h change: +0.10%. From $4,364.69 to $4,369.05.

  • Aave announced its V4 protocol on Optimism now powers cash credit with PAXG eligible as collateral alongside assets like WBTC and ETH. Paxos confirmed the integration, noting gold can fund spending while staying in the vault. Separately, Kamino launched isolated 24/7 credit markets on Solana for PAXG, letting users borrow USDG or lend for yield without selling their holdings. These updates expand utility for the regulated gold-backed token following its Solana expansion in June 2026.
  • Deposits of tokenized real-world assets into DeFi platforms tripled to $7.4 billion in Q2 2026. PAXG accounts for a significant share of tokenized gold activity with spot trading volume up over 220 percent year-over-year. Mayan reports note tokenized gold trading volume grew ten times year over year with PAXG as the industry standard. This coincides with PAXG availability on Solana and use as collateral on platforms like Kamino.
  • PAXG trades at approximately $4,382 with a market cap of $1.91 billion and 24-hour volume of $177 million as of August 14 2026. It has seen modest gains of around 0.36 percent in the last day after breaking consolidation ranges in early August with technical indicators showing bullish crossovers targeting higher levels. Circulating supply stands at roughly 437 thousand tokens each representing one ounce of physical gold. Price action tracks record gold prices and increased DeFi integration.

24h change: -1.10%. From $4,404.75 to $4,356.30.

  • Reports show tokenized gold trading volume has increased ten times year over year. PAXG is cited as the industry standard for these products with its direct physical gold backing and transparency measures. Real-world asset deposits in DeFi platforms have tripled to $7.4 billion. This points to stronger on-chain demand for exposure to gold without traditional storage needs.
  • PAXG broke above key resistance near $4,319 on August 11 with associated short liquidations. Technical formations such as a double bottom near $4,000 have been noted with a neckline reclaim around $4,200. Targets around $4,500 to $4,600 are discussed if momentum holds. This occurs alongside broader interest in gold-backed assets.
  • Orderly Network listed PAXG perpetual futures in early August allowing leveraged trading up to 10x. The token expanded to Solana in June 2026 for faster and lower-cost transactions. Paxos has emphasized zero on-chain transfer fees on supported networks. These changes increase accessibility and utility in both trading and DeFi environments.

24h change: +0.30%. From $4,381.14 to $4,394.28.

  • PAXG broke out of its July consolidation range after Orderly Network listed perpetual futures contracts with up to 10x leverage on August 6. Technical analysis shows a bullish EMA crossover with the next resistance near $4,500. Trading volume increased as the move aligned with broader interest in tokenized gold. This matters as it expands trading options and reflects growing integration of gold into decentralized perpetual markets.
  • PAXG continues to lead tokenized gold products as the real-world assets sector experiences strong growth with deposits tripling year-over-year. The asset captured significant market share in tokenized commodities which reached $5.55 billion in market capitalization earlier in 2026. Investors turn to it for direct 1-to-1 backing by physical gold in LBMA-approved vaults. This trend highlights demand for stable, commodity-linked tokens amid broader crypto market volatility.
  • Orderly Network listed PAXG perpetual contracts offering up to 10x leverage as part of its perp-anything platform. The listing occurred on August 6 and contributed to increased visibility and potential volatility for the token. It allows traders to gain exposure to gold price movements in a decentralized 24/7 environment. This expands utility for PAXG beyond spot trading on major exchanges.

24h change: +0.60%. From $4,343.58 to $4,369.64.

  • A CoinShares report shows tokenized real-world asset deposits have tripled to $7.4 billion. PAXG accounts for a significant share of tokenized gold activity. Mayan reports note tokenized gold trading volume grew ten times year over year, citing the PAXG model as the industry standard. This growth coincides with rising gold prices and increasing on-chain demand for exposure to physical commodities without traditional storage or settlement risks.
  • Physical gold spot prices broke above $4,400 per ounce with futures near $4,456, up more than 8 percent in August. PAXG has followed this move closely as it maintains its 1:1 physical gold backing. Factors cited include Federal Reserve uncertainty, geopolitical tensions, and increased demand including from China adding gold reserves. This has driven attention to tokenized gold products like PAXG for on-chain trading and DeFi use.
  • PAXG is being integrated into more DeFi protocols as collateral and in yield products such as volume income vaults on Ethereum and gold-backed credit markets like Kamino. Orderly Network listed PAXG perpetuals for up to 10x leverage. These developments increase utility beyond simple holding or redemption. Paxos has also implemented zero on-chain transfer fees and continues monthly attestations of gold reserves.

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