- Analisado
- 17 de out. de 2026
- Motor
- v5.2.0
- Calculado
- 2026-10-17 05:23 UTC
- Hash de entradas
- 2d19535432ef
O Lite desbloqueia PAX Gold por completo. Variação, cenário, sinal, fatores de risco, catalisadores.
Pesquisa, não constitui aconselhamento financeiro. Leia os termos.
Evidências dos pilares
Conjunto de dados 17 de out. de 2026. 6 fontes, 12 citações.Em inglês
Sustentabilidade86
Transparência88
Receita68
Inovação63
Comunidade78
Tokenomics85
Fontes
- 1paxos.com/pax-goldCitado por Sustentabilidade, Receita, Comunidade
- 2docs.paxos.com/guides/pax-goldCitado por Sustentabilidade, Receita
- 3paxos.com/attestationsCitado por Transparência, Tokenomics
- 4etherscan.io/token/0x45804880De22913dAFE09f4980848ECE6EcbAf78Citado por Transparência, Inovação
- 5github.com/paxosglobal/paxos-gold-contractCitado por Inovação
- 6coingecko.com/en/coins/pax-goldCitado por Comunidade, Tokenomics
Sobre PAX Gold
Análise de 17 de out. de 2026Em inglês Tradução pendente: esta análise é apresentada em inglês.
PAX Gold (PAXG) is an ERC-20 token issued by Paxos Trust Company where each unit represents one fine troy ounce of gold. Brink vaults in London hold the underlying London Good Delivery gold bars under London Bullion Market Association standards.
Visão geral completaMostrar menos
Paxos operates under regulatory supervision and publishes monthly reserve attestations prepared by KPMG LLP. Token holders can look up the serial number, weight, and purity of their allocated gold via an Ethereum address tool.
Unlike traditional gold exchange-traded funds, PAXG charges zero annual storage fees and settles 24 hours a day on Ethereum. Supply expands and contracts 1:1 with verified vault deposits and redemptions across more than 454,000 tokenized ounces.
Tese de investimento
PAXG provides on-chain ownership of allocated physical gold bullion rather than speculative software protocol equity. The core value proposition combines regulated Paxos Trust custody, monthly KPMG reserve attestations, and 24/7 Ethereum settlement.
Tese completaMostrar menos
Holders pay zero ongoing storage fees and can redeem tokens for physical London Good Delivery bars or US dollars. Those features make PAXG useful for treasury hedging, DeFi collateral, and cross-border commodity settlement.
Key trade-offs center on custodial concentration and macro commodity cyclicality. Price performance tracks spot gold bullion rather than crypto network growth, and physical bar redemptions require 430-ounce minimums and KYC onboarding.
Secondary market depth also remains smaller than major gold ETFs and lacks direct availability under European Union rules.
Pontos fortes
- Allocated bullion. Each PAXG token maps 1:1 to one fine troy ounce of London Good Delivery gold held in London vaults.
- Monthly attestations. Independent accounting firm KPMG LLP verifies physical gold holdings against circulating ERC-20 token supply each month.
- Zero storage fee. Paxos charges no ongoing annual custody fee, giving long-term holders a cost advantage over gold ETFs.
- Serial lookup. Holders can verify the serial numbers and physical characteristics of their allocated gold bars using an Ethereum address.
Riscos
- Custodial concentration. Token holders rely on Paxos Trust Company, London vault operators, and administrative contract controls.
- Bullion volatility. Returns track macro gold bullion cycles rather than independent crypto protocol adoption.
- Redemption threshold. Direct physical bar redemption requires KYC verification and at least 430 fine troy ounces for a full bar.
- Regional exclusions. Regulatory restrictions bar direct Paxos distribution across the European Union, limiting retail access in Europe.
Posição competitiva
PAXG competes directly with Tether Gold (XAUT) in the tokenized bullion market and with traditional gold ETFs such as GLD. Against XAUT, PAXG differentiates through regulated US trust custody under Paxos and monthly KPMG LLP reserve attestations.
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Against traditional ETFs, it offers 24/7 Ethereum settlement, fractional divisibility to 18 decimals, and zero annual storage fees. However, XAUT holds a larger on-chain market cap, and brokerage ETFs command deeper institutional order-book liquidity.
Conclusão
PAX Gold operates as a regulated tokenized commodity backed 1:1 by allocated London Good Delivery gold bars rather than a growth software protocol. Monthly KPMG LLP attestations, zero annual storage fees, and bar serial-number lookups support high scores for sustainability and transparency.
Conclusão completaMostrar menos
Custodial reliance on Paxos, 430-ounce physical bar redemption minimums, and European Union distribution limits remain the primary constraints. Because returns track physical gold spot prices, recommendation remains null.
