Total Tracked (incl. stablecoins)$351.39B
RWA Market Cap (ex-stablecoins)$76.03B
Stablecoins$299.18B
Tokenized Treasuries$9.45B
Tokenized Gold$5.92B
24h RWA Volume$3.07B
Treasury Token Yield vs SOFR-0.38%
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PAXG

PAXGPAX Gold

Commodity 24/7/365

Issued by Paxos Global

OnEthereum
$4,161.8
0.04% 24h
Rank #54

PAXG represents direct ownership of one troy ounce of London Good Delivery gold, held in professional vaults under the custody of Paxos Trust Company. Holders get fractional ownership of specific physical bars and can convert between allocated gold, unallocated gold, and fiat through Paxos, combining physical bullion ownership with the transferability of a digital token.

  • 24/7 vs. traditional markets: PAXG trades on-chain around the clock, including when XAU/USD is closed — see the Off-Hours Signal panel below for the live weekend/holiday price gap.
  • Macro context: PAXG is part of the tokenized gold market, which represents only ~0.020% of all above-ground gold today.

Data as of Sep 3, 2026

Price performance

7D

-0.73%

14D

+0.23%

30D

-2.76%

1Y

-3.55%

All-time

+176.83%

Market Cap

$1.83B

24h Volume

$127.65M

Best On-Chain APY

2.97%

On-Chain Holders

88.83K

Summed across all deployed chains (per-chain wallets not de-duplicated)

Underlying

Gold

PermissionlessWhat's this?

Key facts

via /coins/{id}

Market Cap Rank

#54

Circulating Supply

440.64K

Total Supply

440.64K

All-Time High

$5,619.09 · 2026-01-28

Categories

Tokenized AssetsTokenized GoldEthereum EcosystemReal World Assets (RWA)Tokenized CommoditiesPaxos Ecosystem

News & Insights

Also tokenized by

PAX Gold is issued as 18 separate tokens across different issuers.

IssuerTokenPriceMarket Cap24h VolumeNetworks
Tether$4,158.58$3.36B$212.67M
Ethereum
Kinesis Money$133.56/gram$531.93M$295.21K
Ethereum
Tether$4,158.3$113.76M$3.37M
BNB ChainPolygon POSTON+4
Goldfish$4.14/1/1000 oz$84.48M$114.31K
Ethereum
Pleasing Market$4,130.07$80.56M$2.61
Arbitrum

Alerts & digests

Coming soon

Real-time price, NAV, mint, redemption alerts

Get pinged the moment PAXG crosses a price or spread threshold you set, or automated.

Breaking news alerts

Issuer, regulatory and depeg news for PAXG — the second it drops.

Daily summary

A once-a-day digest of PAXG's price, best yield and market moves in your inbox.

Analyze & download 24/7 history

Full round-the-clock historical data for PAXG — including off-market-hours — exportable to CSV.

Analyse with insight & news

AI-assisted analysis of PAXG paired with the latest issuer, regulatory and market news.

Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.

The weekend gold price gap — insights & FAQ

PAXG trades on-chain 24/7, while COMEX gold futures and LBMA spot gold close on weekends. Because the token keeps pricing news and sentiment while those markets are shut, its weekend price action has historically shown some correlation with the direction and size of the gap at Monday's gold open. The observations below describe historical patterns only.

Do weekend geopolitical shocks show up in PAXG and XAUT before gold markets reopen?
Yes — because PAXG and XAUT trade 24/7, weekend geopolitical or macro shocks are reflected in their on-chain price while COMEX and LBMA spot gold are closed. Historically, aligned moves of more than roughly 2% on a clear news catalyst have coincided with a same-direction gap at Monday's gold open more often than not — a directional tendency observed across past weekends, not a rule.
What does the weekend PAXG / XAUT price imply about Monday's gold open?
The weekend token price acts as a live, continuously-updated reference for the likely Monday open level, rather than Friday's now-stale close. Because the tokens keep pricing weekend news, their level during the closed period has historically tracked the direction and rough size of the eventual Monday gap more closely than the Friday close does.
Is a weekend move more meaningful when both PAXG and XAUT agree?
Historically, yes — weekend moves where PAXG and XAUT move together and are backed by a clear catalyst have carried more weight than an isolated move in a single token. Agreement between the two independent gold tokens, alongside an identifiable driver, has coincided with more consistent Monday-gap direction than one-off divergences between them.
How can you tell a genuine gold move from crypto-driven noise in PAXG and XAUT?
A weekend drop in PAXG / XAUT with no gold-specific news often reflects broad crypto risk-off rather than a real gold move. Historically, such crypto-contagion moves have shown a higher tendency to partially unwind once gold-specific price discovery resumes at Monday's open, whereas moves tied to gold or macro news have tended to persist.
Does the weekend-gap pattern work as well for tokenized stocks?
It is weaker for single-stock tokens, which are noisier and less liquid than tokenized gold. For tokenized equities the weekend price has historically been more useful as a rough gap-size estimate than a reliable directional read; mega-cap names largely track their underlying and re-price at the Monday open.
How large does a weekend move need to be to carry information?
Moves under roughly 0.5–1% without a clear catalyst sit within normal weekend noise and have shown little predictive value. Historically, only larger, catalyst-backed weekend moves have coincided with same-direction Monday gaps; small, newsless drifts have not.

This reflects historical price patterns and is provided for informational purposes only — not financial advice.

How to use the PAXG weekend signal — scenarios

Below are example ways people use the weekend signal, from the most robust and lowest-risk uses (risk awareness and preparation) down to more speculative directional reads. These are illustrative scenarios based on historical patterns — not recommendations, and not a signal to act on any single move.

Scenario typeTypical token movePrimary actionRisk levelFrequency of use
Risk management≥ 1.5–2%Hedge / reduce / prepareLowHigh
Order placement / preparation≥ 1%Adjust limits & plansLow–MediumHigh
Small directional lean≥ 1.5–2% + clean newsSmall long / short at openMediumOccasional
Fade extreme move≥ 3% + weak fundamentalsCounter-trend at openHigherRare
Stock-specificAnyGap-size estimate onlyHigherLow

The most professional and sustainable uses are the first two: better risk awareness and smarter preparation. The directional trading uses exist but should be kept small and combined with other information.

This reflects historical price patterns and is provided for informational purposes only — not financial advice.