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 - $3366.529 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: $3366.529

Volume 24h: $33,277,741.23

Market Cap: $805,574,927.88

Description

PAX Gold (PAXG) is a cryptocurrency and operates on the Ethereum platform. PAX Gold has a current supply of 239,289.45. The last known price of PAX Gold is 3,366.19242733 USD and is up 0.26 over the last 24 hours. It is currently trading on 257 active market(s) with $35,391,083.71 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.