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 - $3360.955 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: $3360.955

Volume 24h: $33,039,700.60

Market Cap: $946,971,491.44

Description

PAX Gold (PAXG) is a cryptocurrency launched in 2019and operates on the Ethereum platform. PAX Gold has a current supply of 281,756.694. The last known price of PAX Gold is 3,361.0559025 USD and is up 0.18 over the last 24 hours. It is currently trading on 265 active market(s) with $33,050,199.96 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.