PAX Gold PAXG

What PAXG actually is on-chain

PAX Gold is an ERC-20 deployed on Ethereum, at contract address 0x45804880de22913dafe09f4980848ece6ecbaf78. That address, not the ticker PAXG, is what uniquely identifies this asset: anyone can deploy a second token calling itself PAXG, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, PAXG is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in PAXG itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For PAXG the project publishes a whitepaper, a public source repository and an active account as @paxosglobal. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where PAXG sits in the market

At #41, PAX Gold sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like PAXG, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 4 live PAXG order books (Binance, OKX, Gate.io, Bithumb). That is thinner coverage than a #41 ranking would normally imply — a move on one of these books is close to the whole market for PAXG, with no deep second venue to arbitrage it back. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

PAXG against its all-time high

PAXG sits 28.6% under its $5,619 peak (on 2026-01-29) — a normal correction inside a cycle rather than a regime change. 1.40x restores the record, which a single quarter of trend can deliver. What matters at this depth is the shape of the pullback: the band above spot holds recent buyers, and whether they add or exit on the first retest usually settles the next leg. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

PAXG across its historical range

The recorded range is comparatively narrow: 4.01x between $1,400 and $5,619. Either the price history is short, or the asset is designed not to move.

PAXG trades roughly 2.87x above its record low of $1,400 (on 2019-11-18). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

PAXG supply structure

There is no fixed maximum supply for PAXG. Total supply stands at 471,943 PAXG and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. The supply is small in unit terms, so the per-token price is high and each whole-unit level carries real weight as a psychological threshold.

What kind of asset PAXG is

PAX Gold sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files PAXG under 6 categories, including Tokenized Assets, Tokenized Gold, Ethereum Ecosystem, Real World Assets (RWA), Tokenized Commodities. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a PAX Gold alert that is worth receiving

PAX Gold is the ERC-20 at 0x4580…af78 on Ethereum — quoted on 4 venues we stream — high dated 2026-01-29 — rank #41. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →