paxos19
$paxg
MCAP2.57B
+4.64%

what's paxos?

Paxos is a regulated blockchain infrastructure provider that issues PAX Gold (PAXG), a cryptocurrency token backed by physical gold stored in LBMA-accredited vaults. Each PAXG token represents one fine troy ounce of gold, enabling users to own and trade gold digitally with transparency and low costs. The platform is overseen by the New York State Department of Financial Services, with monthly audits ensuring the gold reserves match the circulating supply. PAXG offers advantages over traditional gold investments, including fractional ownership, easy transferability on blockchain, and no storage fees for holders. It integrates with major crypto exchanges and wallets for seamless trading and redemption options.

Snapshot

Recent PAXG whale buying and withdrawals follow 155% supply growth in 2025.

contract

ethereum

6H ago
ONCHAIN METRICS

Social mentions for PAXG reached all-time high of 1,932 mentions earlier this week.

ONCHAIN METRICS

Reached all-time high market dominance of 0.111% for PAXG token.

MARKET ACTIVITY

PAXG trading volume reached $423M, representing a 1,119% increase year-over-year.

ONCHAIN METRICS

Reached all-time high market cap of $2.5B for PAXG token.

1D ago
REGULATORY

Faces proposed OCC rules under the GENIUS Act, published 2026-02-25/26, restricting white-label stablecoin issuance to a single brand and setting capital floors, reserve/liquidity standards, redemption rights, risk management, and custody rules.

ONCHAIN METRICS

PAXG excels in regulatory compliance among tokenized gold products as the sector reaches $4.4B in total value.

2D ago
ONCHAIN METRICS

TVL increased by 18.1% over a 30-day period ending on 2026-02-25, with TVL above $1 billion.

4D ago
MARKET ACTIVITY

PAXG perpetual futures (PAXG-PERP) are available for trading on Drift Protocol.

1W ago
PARTNERSHIP

Partners with Stellar payment network used by banks.

ONCHAIN METRICS

Reached $37.9B in quarterly transfer volume for PYUSD on Ethereum in Q4 2025.

PARTNERSHIP

Partnered with Shield on Aleo for private, compliant stablecoin backing alongside Circle, integrating a wallet that encrypts balances, amounts, counterparties, and gas for private payments.

MARKET ACTIVITY

PAXG (issued by Paxos) is now available as a borrow market on Alto, allowing users to deposit and borrow against the token.

VISIBILITY EVENT

Wintermute launched OTC trading for PAXG via its desk with 24/7 liquidity against any quote asset.

PARTNERSHIP

Invested in Digital Asset Holdings, the parent company of Canton Network.

PARTNERSHIP

Issued PYUSD stablecoin for PayPal, a USD-pegged stablecoin (1:1 backed by USD deposits and treasuries) that is fully regulated.

2W ago
VISIBILITY EVENT

PAXG is supported by Infinit Labs' Prompt-to-DeFi platform for RWA integration into DeFi strategies.

WHALE ACTIVITY

Two newly created wallets (0x83F9 and 0xd9596) withdrew 986 PAXG tokens worth $5 million from Binance on February 11, 2026.

WHALE ACTIVITY

Wallet 0x0AcC spent 1.85 million USDC to purchase 90 PAXG tokens worth $456,000 on February 12, 2026 after 8 months of inactivity.

PARTNERSHIP

Partners with Aleo to launch privacy-preserving USAD stablecoin on Aleo Layer 1 mainnet, which went live.

REGULATORY

Participated in crypto-bank negotiations on stablecoin regulation with a White House-imposed deadline of March 1, 2026 for compromise language, with Josh Rosner representing Paxos in discussions alongside representatives from major banks and crypto firms.

RISK ALERT

PAXG token contract includes freeze features (addTo/removeFromBlockList and destroyBlockedFunds functions) that allow blocking addresses and destroying their funds.

VISIBILITY EVENT

Featured in Crypto.com's 24K Gold Leaderboard promotion ending on 2026-02-11, where top 999 participants can win up to $999 in PAXG tokens.

MARKET ACTIVITY

Paxos Gold combined with Tether Gold has 5-10× lower trading volume than Hyperliquid Gold synthetic perp.

MARKET ACTIVITY

Launched PAXG/USD1 spot and margin trading on Binance on February 10, 2026.

MARKET ACTIVITY

PAXG became available for purchase with USD1 on Binance.

ONCHAIN METRICS

Controls 96.7% tokenized gold market share with PAX Gold market cap at $2.3B and $2.28B TVL as of February 17, 2026, representing a 1.63% decline over 7 days, with 0.8% of supply in DeFi as total tokenized gold market capitalization reached $6B with 1.2M ounces physical gold locked.

REGULATORY

Paxos is explicitly recognized as an eligible stablecoin issuer under CFTC Staff Letter 25-40, which allows futures commission merchants to accept qualifying payment stablecoins as customer margin collateral in derivatives trading.

3W ago
WHALE ACTIVITY

Whale address 0x4E3c withdrew 931.33 PAXG (valued at $4.75M) from Binance on 2026-02-04.

WHALE ACTIVITY

Whale address 0xDea3 bought 732.8 PAXG (valued at $3.74M) on 2026-02-04.

ONCHAIN METRICS

PAXG supply grew 155% year-over-year, with nearly 700k oz of gold newly tokenized across PAXG and XAUt in 2025.

1M ago
ONCHAIN METRICS

Hit a new daily transfer high of 36,771 transfers on January 29, 2026.

WHALE ACTIVITY

Whale wallet 0x6Afa spent $5.95M to buy 1,137 PAXG over two days ending January 28, 2026.

WHALE ACTIVITY

Whale address 0x0F67 withdrew 559 XAUT (worth $2.83M) from MEXC exchange.

WHALE ACTIVITY

Whale address 0xbe4C withdrew 1,959 XAUT (worth $9.97M) from Bybit and Gate exchanges.

MARKET ACTIVITY

PAXG is available for trading on Coinbase with 24/7 trading capability.

MARKET ACTIVITY

PAXG is trading at a 1% premium to XAUT as of 2026-01-25.

ONCHAIN METRICS

Reached $2B in total value for PAXG tokenized gold on Ethereum.

ONCHAIN METRICS

Paxos Gold (PAXG) reaches $1.85B TVL, achieving a new all-time high.

ONCHAIN METRICS

Reached all-time high monthly transfer volume of $8.4 billion for USDG stablecoin on Solana in December 2025.

PARTNERSHIP

Participates as an initial institutional client in Bank of New York Mellon's tokenized deposit service launch, testing real workflows like collateral management and high-value settlements alongside other major financial institutions.

ONCHAIN METRICS

PYUSD stablecoin issued by Paxos is approaching 100,000 holders.

2M ago
MARKET ACTIVITY

Operates stablecoins on 5 different blockchain platforms or networks.

VISIBILITY EVENT

Nominated for "Best In Stablecoins" award at The Rollup Co awards ceremony on 2025-12-30.

The tokenized commodities market cap reaches all-time high of ~$3.8 billion, with Paxos among the leading issuers.

Market cap of assets issued reached $6.6B, up from $1B since January 2025.

PAXG is the second-highest swapped token on MetaMask this week.

OCC approves Paxos's conversion to national trust charter as one of five approvals, including two de novo charters (Ripple and First National) and three conversions (Fidelity, BitGo, and Paxos).

Received conditional OCC approval for a national trust bank charter, allowing crypto custody, stablecoin issuance, and stablecoin reserve management under federal framework.

OCC grants conditional approval for Trust Bank Charter conversion to Paxos, alongside Ripple, BitGo, Fidelity, and Circle.

PAXG ranks as a top gainer during today's crypto market sell-off.

PAXG (PAX Gold) lists on Grvt exchange with new trading pairs available.

3M ago

Ayni Gold launches an RWA protocol that tokenizes mining capacity and distributes PAXG as rewards.

Paxos acquires New York-based DeFi wallet startup Fordefi for over $100 million, with plans to integrate Fordefi's technology into Paxos infrastructure over time.

Launches USDG0 omnichain stablecoin via LayerZero integration.

USDG0 deploys to Plume, Hyperliquid, and Aptos as the first three networks, built on LayerZero's OFT standard for cross-chain functionality.

Paxos unveils stablecoin plans involving Hyperliquid, with USDG0 set to become a quote asset on HyperCore.

PAXG reaches $94M in 24h trading volume, ranking as the 5th highest among RWA performers.

PAXG reaches $1.3B market capitalization, contributing to a $3.9B total tokenized gold market that has grown 50x since 2021.

MoonPay announces Zach Kwartler, formerly of Paxos, as new Head of Stablecoins.

PAXG ranks as the 6th fastest growing tokenized asset in the $1B+ supply category among major stablecoins and tokenized assets.

OKX PAY offers 10% annual yield on first 10,000 USDG and 5% on excess amounts with weekly payouts for Paxos-issued USDG stablecoin.

PAX received support from Believe Fund as part of a 1.8M $ZORA distribution to seven creator projects this week.

Bitcoin whale deposited 2,300 BTC, including 2,000 BTC ($137.3M) dormant for 8 years.

PAXG is now available on Backpack platform for investment.

New perpetual futures contracts launch for PAXG and ZRO with limited-time achievements campaign for traders.

PAXG App Campaign ends tomorrow, offering top 2,000 participants who purchase US$50 in CRO a share of 5 PAXG prize pool.

4M ago

Ranked as one of the fastest growing Real World Assets by 30-day TVL growth percentage, with an 8.7% TVL increase over 7 days, making it the top TVL gainer.

Paxos participates in competitive bidding for Hyperliquid's USDH stablecoin launch, competing with Native Markets and Ethena for distribution of $5.5 billion in stablecoins generating approximately $220 million in annual revenue, though Native Markets wins the contract.

PAXG listed as top token by 24h trading volume to market cap ratio.

A privacy-focused neobank cryptocurrency project partners with Paxos and Revolut, having raised $298M from SoftBank and a16z.

PAXG flash crashes to $3080 on Hyperliquid while spot gold prices remain unchanged, exposing volatility risks for institutional capital.

A representative appears on CNBC and attributes the 300 trillion stablecoin creation to a "manual error."

a16z report highlights Paxos partnership with Aleo to create USAD, a private regulatory compliant stablecoin, as one of the most notable developments of the year.

Paxos integrates with Toku to enable employee payroll payments in USDG stablecoin.

Over $7.5m in PAXG perps liquidated across CEXs during volatility events on October 10 (with +8% and -23% wicks) and October 16 (+12% wick), with over $200m in combined open interest across exchanges.

A Paxos representative explains the $300 trillion PYUSD minting incident during the Federal Reserve crypto roundtable.

Paxos executives participate in a bipartisan industry roundtable on October 22 focused on stablecoins and tokenized assets, integrating GENIUS Act provisions with market structure for fiat-crypto rails alongside Circle and Chainlink.

PAXG launches an app campaign from October 21 to November 4 where the top 2,000 users ranked by CRO purchase and deposit amounts split 5 PAXG as prizes.

The Federal Reserve will host a payments innovation conference on Oct. 21 with Paxos representatives as panelists alongside Chainlink, Circle, and Coinbase.

PAXG ranks as a top gainer on a day when crypto broadly dumps 5-9% with extreme fear sentiment and largest BTC ETF outflows since August.

A $300 trillion stablecoin blunder at Paxos sparks confusion amid the company's trust charter application.

PAXG functions as collateral on 0xfluid smart collateral market with positive APY for USDC borrowing.

PAXG trades at 10% discount to physical gold in Vietnam and 7% discount in India, while trading near parity in Hong Kong. Liquidations occur on Hyperliquid as PAXG reaches $5k price level. (1979098853061079147, 1979095422221090905)

PAXG lists on OKX spot market on October 16.

Market maker liquidity request for PAXG emerges as leverage trading activity increases on the token.

PAXG experiences short squeeze on Binance with price wicking to $4,790, causing liquidations and trading above Net Asset Value.

The $300 trillion minting error was caused by an attempted fix after accidentally burning $300M.

The $300 trillion minting error raises concerns over PYUSD integrity.

PAXG becomes available for trading on VestExchange with up to 10x leverage and zero trading fees.

Spark partners with PayPal to inject up to $1 billion into PYUSD liquidity. PAXG (Pax Gold) is now available on Hyperliquid.

Pax Gold ranks as the top performer on Binance for 2025.

Following the $300 trillion minting error that occurred at 3:12 PM EST, Paxos issues $300 million PYUSD in normal operations, resuming standard minting activities.

Paxos accidentally mints $300 trillion PYUSD on Ethereum in an apparent operational error, temporarily making PYUSD the world's largest stablecoin before burning the entire supply approximately 20 minutes later.

PAXG experiences whale transfers to centralized exchanges with minimum $1M transactions, listed among tokens at risk of sell-off.

Paxos files for bank charter in 2025 as part of wave of over 20 filings, seeking direct Fed rails and token issuance capabilities under GENIUS Act regulatory framework.

PAXG listed among top gainers as gold reaches new all-time high at $4148.

OKX lists PAXG with PAXG/USDT spot trading starting October 14 at 7:00 AM UTC.

PAXG experiences flash crash to $3,500 on Bybit exchange amid technical issues.

Paxos Gold achieves $1B TVL milestone in recent months, establishing itself as a leader alongside Tether Gold in the tokenized commodities market which has reached nearly $3B total TVL.

Tokenized gold market cap surpasses $3B for the first time as combined PAXG and XAUT trading volume reaches $640M in 24 hours; Bitcoin-to-gold ratio falls below 32, indicating gold's stronger relative performance.