PAX Gold

24h change: -0.53%. From $3,916.77 to $3,896.09.

• Following public reports of a security incident at Binance, Paxos conducted its own blockchain analysis and froze 1,906.67 PAXG in the wallet that received tokens moved from the exchange. Paxos stated that its systems were not impacted, reserves for PAXG remain fully intact and backed by physical gold in vaults, and redemptions continue to operate normally. The freeze illustrates controls available to issuers of regulated tokenized assets in response to third-party exchange events while protecting underlying collateral.
• Coinbase notified EEA retail customers that support for PAXG and 13 other assets ends October 30, 2026, following the expiration of MiCA's transitional period for asset-referenced tokens. No tokenized gold issuers have received the required authorizations under the framework. Customers were instructed to withdraw to self-custody wallets before the deadline to avoid automatic conversion of remaining balances to USDC at market rates. The development underscores regulatory classification and licensing requirements for tokenized commodities in Europe.
• Aave temporarily paused certain markets as a precaution following the Binance security incident before reopening them. PAXG, along with several other assets, has its loan-to-value ratio set to 0% on V3 and V4, preventing use as collateral for new loans while still allowing deposits, borrowing, and repayment. The adjustment reflects DeFi risk management in response to events affecting centralized platforms and tokenized assets. Protocols continue to monitor the situation.

24h change: -2.67%. From $4,024.86 to $3,917.58.

• Paxos announced it froze 1,906.67 PAXG tokens after blockchain analysis showed tokens held on the Binance platform moved to a suspected attacker address. The company confirmed its own systems were not impacted, reserves for PAXG remain fully backed, and redemptions continue normally. This demonstrates issuer controls available for regulated tokenized assets during exchange incidents. Multiple on-chain analysts tracked the action alongside freezes by Tether, Circle and others totaling billions in restricted assets.
• Coinbase notified EEA retail customers that support for PAXG and 13 other assets ends October 30, 2026 due to the expiration of MiCA's transitional period for asset-referenced tokens. No gold token issuers have received the required authorization. Customers must withdraw to self-custody wallets before the deadline to avoid automatic conversion to USDC at market rates. This highlights regulatory classification and licensing hurdles for tokenized commodities in Europe.

24h change: -0.45%. From $4,043.60 to $4,025.26.

• Coinbase notified EEA retail customers that it will stop supporting PAXG and 13 other assets on October 30. The move follows the end of MiCA's transitional period for asset-referenced tokens, as no gold token issuers have obtained the required authorization. Customers can withdraw holdings to self-custody wallets before the deadline to retain direct exposure rather than automatic conversion to USDC at market rates. This highlights classification and licensing challenges for tokenized commodities under European rules.
• Paxos Labs published its latest transparency report for PAXGy, the yield-bearing token built on PAXG reserves. It confirms 100 percent gold backing, with approximately 48 percent held directly as PAXG and 52 percent deployed in institutional gold leasing. The product shows a 7-day rolling growth rate of about 2.5 percent and is available on platforms including Uniswap, Pendle, OKX, and EtherFi. PAXGy allows exposure to gold price appreciation plus leasing yield without rebasing token supply.
• PAXG maintains its position as a leading tokenized gold product with a market cap near $1.8 billion within the growing real-world asset sector. Recent reports note tokenized commodities reaching multi-billion dollar valuations, with PAXG representing a significant share alongside products like Tether Gold. The token's price has shown modest weekly declines while gold remains elevated from earlier 2026 highs. Monthly attestations and regulatory status from Paxos continue to support its role in bridging traditional gold markets with blockchain liquidity.

24h change: -0.34%. From $4,055.99 to $4,042.06.

• Coinbase notified EEA retail customers that it will end support for PAXG and 13 other assets on October 30, 2026. Remaining balances will convert automatically to USDC at market rates or another supported asset where appropriate. The move follows the end of MiCA's transitional period for asset-referenced tokens, as no gold token issuers hold the required authorization. Customers can withdraw to self-custody wallets before the deadline to retain PAXG exposure instead of receiving dollar equivalents. This highlights ongoing regulatory classification challenges for tokenized commodities in the EU.
• Recent reports indicate the tokenized real-world asset market has reached $39.3 billion with commodities led by gold tripling in value over recent periods. PAXG and Tether Gold together account for a substantial share of the tokenized commodities market now exceeding $8 billion. Paxos provides monthly attestations of full gold backing for PAXG and has introduced PAXGy, a yield-bearing token that grows through institutional gold leasing while maintaining 100 percent reserves. These products offer blockchain-based ownership of physical gold with added utility such as on-chain trading and potential yield.
• Paxos Labs publishes regular transparency reports showing 100 percent gold backing for its PAXGy yield-bearing token as of late October 2026. Roughly 47 percent of reserves are held as PAXG while 53 percent are deployed in institutional gold leasing, producing a 7-day rolling growth rate of approximately 2.6 percent. PAXGy is live on platforms including Pendle, Uniswap, OKX and EtherFi with assessments for use as collateral on Aave. The product allows holders to gain exposure to gold price plus yield from leasing without rebasing the token supply.

24h change: +0.58%. From $4,027.59 to $4,050.79.

• Paxos Labs published transparency information showing 100 percent gold backing for PAXGy as of October 2026. Approximately 47 to 61 percent of reserves are deployed in institutional gold leasing with the remainder held as PAXG. This produces a 7-day rolling growth rate near 2.8 percent. PAXGy is live on platforms including Pendle, Uniswap, OKX and EtherFi with assessments underway for Aave collateral use. The updates reinforce utility for tokenized gold holders beyond simple price exposure.
• The total market value of tokenized commodities including gold reached $8.1 billion as of mid-October 2026, up 120.5 percent for the year. PAXG and Tether Gold represent a large share of this sector. Reports from the World Gold Council project significant further growth in digital gold markets. PAXG benefits as a regulated, attested product in the expanding real-world asset category with strong liquidity on centralized and decentralized venues.
• PAXG has traded around the $4,000 level in recent days with a 24-hour range between approximately $4,000 and $4,035. The token is down roughly 3 percent over the past week and 6 percent over the past month. Price action continues to track spot gold prices facing pressure from macroeconomic factors including interest rate expectations. Circulating supply remains near 446,000 tokens with consistent on-chain liquidity. The asset trades about 29 percent below its January 2026 all-time high.