Deribit Eyes Growth In Asset-Backed Crypto With Pax Gold Debut

Crypto derivatives exchange Deribit is building on the success of its recent addition, Pax Gold, as it explores expanding into asset-backed crypto products. Within its first week, PAXG PAXG - $5180.906 trading on Deribit exceeded $250 million in notional value, signaling strong interest in gold-backed tokens among traders, according to company executives.

Source: benzinga.com

Related symbols: PAXGUSD

2024-12-24 11:52:02 GMT.

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Price & Market Data

Price: $5180.906

Volume 24h: $291,910,756.72

Market Cap: $2,575,294,069.96

Description

PAX Gold (PAXG) is a cryptocurrency launched in 2019and operates on the Ethereum platform. PAX Gold has a current supply of 489,891.589. The last known price of PAX Gold is 5,193.93114799 USD and is down -1.59 over the last 24 hours. It is currently trading on 369 active market(s) with $1,132,205,592.08 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.