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This asset is available through Rain Management W.L.L. and Rain Kripto Varlık Alım Satım Platformu A.Ş.

PAX Gold

⁦SAR⁩15,550.25
-0.22%⁦-SAR 34.16⁩
15.58k
15.48k

About PAX Gold

Pax Gold (PAXG) is an ERC-20 standard stablecoin backed by gold. The governing concept behind PAXG is that one PAXG should in theory always trade closely to the market value of one ounce of gold. At its core, Pax Gold intends to make investing in gold more accessible for everyone. The token aims to achieve this by combining the best characteristics of gold, such as relative price stability, with the unique opportunities offered by cryptocurrencies including wide adoption, fractionalized ownership and worldwide availability. PAXG allows anyone to invest without any of the restrictions of investing directly into gold. Finally, by owning Pax Gold, holders are able to leverage their funds in many more ways than a similar gold position could offer, including various Decentralized Finance (DeFi) applications, and trading opportunities.

Weekly trend

In the last hour, PAX Gold's price has seen a change of -0.37%, and over the past 24 hours, its price has moved by -0.20%. Over the previous week, PAX Gold's price has moved by -0.65%. The current price of PAX Gold is ⁦SAR 15,550.25⁩, accompanied by a trading volume of 509.2M in the last day. PAX Gold's price is currently 26.52% below its all-time high of ⁦SAR 21,161.72⁩, which remains the highest price PAX Gold has achieved since its launch. The circulating supply of PAX Gold stands at 441.8k, translating to a total market capitalization of 6.870B.

Market stats

6.870B
sar
Market cap
509.2M
sar
+10.24%
Volume (24h)
441.8k
paxg
∞
Circulating Supply
6.870B
sar
Fully diluted market cap
21,161.72
sar
All time high
05 Sept 2019
Launch date
-0.37%
Price change (1H)
-0.20%
Price change (24h)
-0.65%
Price change (7d)
#48
Popularity

Frequently asked questions

What is the market cap of PAX Gold?

With a market capitalization of 6.870B, PAX Gold is ranked 48 among other crypto assets.

What is the all-time high of PAX Gold?

The highest valuation of PAX Gold since its launch was at ⁦SAR 21,161.72⁩, marking its all-time high.

What is the 24-hour trading volume of PAX Gold?

The trading activity of PAX Gold over the last 24 hours was at 509.2M, highlighting its liquidity in the market.

How many PAX Gold are there in circulation?

There are approximately 441.8k units of PAX Gold currently in circulation, affecting its market dynamics.

What is the relative popularity of PAX Gold?

PAX Gold market cap is around 6.870B.

When was PAX Gold created?

PAX Gold was introduced on 05 Sept 2019.