PAX Gold

24h change: -0.48%. From $4,013.94 to $3,994.75.

• Paxos deployed its regulated PAXG token on Base in early November 2026. The token is now available across DeFi venues on the layer-2 network incubated by Coinbase. It is positioned to become the first non-crypto asset accepted as collateral in Coinbase Borrow, an onchain lending product powered by Morpho. Holders can access liquidity without selling their gold exposure. The move increases onchain utility for a compliant real-world asset while maintaining one-to-one backing by physical gold in LBMA-accredited vaults verified through attestations.
• PAXG continues to trade in tight correlation with spot gold prices, currently near $4,000 per ounce. Recent price action shows modest declines of around 1% over 24 hours and 0.8-4% over longer periods, consistent with broader gold market movements following its January 2026 all-time high near $5,619. Market observers note that PAXG price reflects LBMA gold fixes with minor basis from onchain trading and attestations. Macro factors including currency strength and election outcomes have influenced recent gold rallies and pullbacks.
• On-chain gold ounces across major tokens including PAXG have grown significantly over the past year despite flat to slightly lower gold prices. Trading volumes for PAXG remain robust compared to other tokenized commodities. DeFi utilization of PAXG supply stands at low but increasing levels as new integrations like Base expand options. Analysts highlight that real traction for RWAs depends on transparent backing, pricing mechanisms, and active secondary market trading rather than just reported valuations.

24h change: -2.06%. From $4,100.02 to $4,015.49.

• Paxos deployed its OCC-regulated PAXG token on Base in early November 2026. This makes tokenized gold the first non-crypto asset accepted as collateral in Coinbase Borrow, a lending product powered by Morpho. Holders gain the ability to access liquidity while maintaining long-term gold exposure. The development increases onchain utility for a regulated real-world asset and builds on PAXG's existing DeFi availability on Base. Standard lending risks, including variable rates and potential liquidation, apply.
• Recent integration allows PAXG to serve as collateral for USDC loans on Coinbase without forcing holders to sell their gold exposure. This enhances the token's role beyond simple ownership of tokenized gold. Community discussions highlight transparency around reserves, redemption processes, and vault locations. PAXG continues to track physical gold prices closely while expanding its presence in regulated DeFi environments.

24h change: +1.52%. From $4,050.26 to $4,111.82.

• Paxos deployed its OCC-regulated PAXG token on Base in early November 2026. The token is now the first non-crypto asset accepted in Coinbase Borrow powered by Morpho allowing eligible US users excluding New York to borrow USDC against tokenized gold. This integration lets holders access liquidity while keeping long-term gold exposure and expands regulated real-world assets in onchain lending. It builds on existing DeFi availability of PAXG on Base.
• Physical gold and PAXG both rose in recent sessions with spot gold surpassing $4100. PAXG traded near $4107 up roughly 1.3-1.6 percent in 24 hours and about 4-5 percent over the past week. The token continues to track the underlying gold market with minor basis differences due to onchain trading dynamics and attestations. Analysts note macro factors including currency moves and market sentiment contribute to the recent performance.
• The addition of PAXG to Coinbase Borrow via Morpho on Base marks an expansion of tokenized gold use cases beyond simple holding or trading. It demonstrates how regulated gold tokens can serve as collateral in decentralized finance alongside native crypto assets. This development aligns with broader interest in real-world assets that combine physical backing with blockchain liquidity and programmability. Monthly attestations and OCC oversight of the issuer support confidence in the product's reserves.

24h change: -0.25%. From $4,060.50 to $4,050.47.

• Paxos deployed its OCC-supervised PAXG token on Base. Each token is backed one-to-one by allocated physical gold with independent attestations. The integration makes PAXG usable across DeFi venues on Base and positions it as the first non-crypto collateral accepted in Coinbase Borrow. Users gain liquidity options while keeping long-term gold exposure intact. The launch highlights growing real-world asset utility in decentralized finance.
• As of November 8 2026 PAXG trades at approximately 4057 dollars with a market capitalization of 1.82 billion dollars. The token has risen roughly 4 percent over the past week while showing modest daily fluctuations. Trading volume in the last 24 hours ranges between 14 million and 25 million dollars across exchanges. PAXG continues to reflect movements in the underlying gold market with regular attestations confirming full reserves.

24h change: +0.30%. From $4,048.18 to $4,060.23.

• Paxos has made its OCC-regulated tokenized gold product live on Base, the Coinbase-incubated layer 2 network. Each PAXG token represents one fine troy ounce of physical gold held in LBMA-accredited London vaults, with monthly KPMG attestations. It is already usable across DeFi venues on Base and is set to become the first non-crypto collateral accepted in Coinbase Borrow, powered by Morpho. This expands utility by allowing holders to access liquidity without selling their gold exposure.
• Physical gold advanced after the US midterm elections as the US dollar and Treasury yields declined. PAXG, pegged one-to-one to physical gold, reflected these moves with gains over the week. Tokenized gold products transmit macro commodity signals to on-chain holders. This gives cryptocurrency users exposure to gold without physical storage while following the same drivers as traditional markets.
• Paxos froze approximately 369 PAXG worth roughly $1.45 million linked to a security breach at Brazil's Mercado Bitcoin exchange. This action followed earlier freezes related to other incidents and was coordinated with issuers such as Tether and Circle. The moves highlight the intervention capabilities of regulated tokenized asset issuers. Physical gold reserves backing all other PAXG tokens remained fully intact with redemptions unaffected.