Paxos issues PAX Gold (PAXG), a tokenized physical gold on Ethereum, offering direct gold exposure. Usual issues a stablecoin that redistributes value to holders, differentiating via a revenue-sharing model. Paxos suits investors seeking gold-backed assets; Usual suits users wanting a stablecoin with built-in yield redistribution.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $1.80BDefiLlama | $96.9MDefiLlama |
| MCap Rank | #42 | #928 |
| Total Raised | $535.3M | $18.5M |
| Founded | 2013 | 2022 |
| Stage | — | — |
| X / Twitter | 4K | 110K |
| GitHub Stars | 89 | — |
| Chains | ethereum | basebnb-chainethereum |
| Tags | Stablecoin Issuer, CeFi, Custody | RWA, Stablecoin Protocol, DeFi |
PAX Gold (PAXG) is a tokenized gold asset where each token represents one fine troy ounce of a London Good Delivery gold bar stored in professional vaults. It enables fractional ownership of physical gold with the speed and mobility of a digital asset, allowing users to convert tokens to allocated gold, unallocated gold, or fiat currency on the Paxos platform.
Usual is a DeFi protocol centered around USD0, a stablecoin backed by real-world assets, and its revenue token USUAL. It redistributes value generated by users through yields and protocol growth exposure.