PAX Gold
PAXG
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for PAXG.
AI Analysis
Comprehensive evaluation of the token
PAX Gold (PAXG) achieves a high weighted score of 7.95, characterizing it as a premier, institutional-grade Real World Asset (RWA). The evaluation highlights a deliberate trade-off: while 'Active Development' (6.5) and 'Community Support' (4.5) are low due to the project's centralized, utility-focused nature, it scores exceptionally well in 'Security' (10), 'Team' (9), and 'Tokenomics' (9). The project's strength lies in its regulatory moat (NYDFS oversight), 1:1 allocated gold backing with monthly attestations, and a competitive 0% storage fee model. Although the centralized governance introduces counterparty dependence, it has proven beneficial for asset protection, as evidenced by the recovery of funds during the FTX incident. PAXG is assessed not as a speculative crypto-asset, but as a highly secure, efficient bridge between physical commodities and the DeFi ecosystem.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About PAX Gold (PAXG)
PAX Gold (PAXG)
PAX Gold (PAXG) is a tokenized digital representation of physical gold. Each PAXG token is backed by one fine troy ounce of London Good Delivery gold bar held in professional vaults.
Key Features
- Asset-Backed: Each PAXG token corresponds to one troy ounce of 99.9% pure gold.
- ERC-20 Standard: Built on the Ethereum blockchain for seamless transfers and integration.
- Regulated Issuer: Issued by Paxos Trust Company, with regular third-party audits of gold reserves.
- Redeemable: Token holders can redeem PAXG for physical gold or fiat currency through approved partners.
- Transparent: Real-time proof of reserves and on-chain verification.
Technical Details
- Symbol: PAXG
- Blockchain: Ethereum (ERC-20)
- Backing Asset: London Good Delivery gold bars stored in secured vaults
Use Cases
- Efficient transfer of gold ownership on blockchain networks
- Portfolio diversification with a digital gold asset
- Programmable gold in DeFi protocols
PAX Gold bridges the physical gold market with blockchain technology, offering tokenized access to one of the world’s oldest assets.
