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Coins: 3776
Exchanges: 270
Dominance:
BTC 52.0%
XRP 11.0%
ETH 10.4%
PAX
USD

Paxos Standard (PAX)

1h
24h
7d
14d
30d
1y
0.12%
0.56%
0.43%
0.31%
-0.41%

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Paxos Standard Volume by Exchange

# Exchange Pair Price 24h Volume Volume %
1
ZB
Trading Incentives
Updated 2 minutes ago
$1.00
0.996 USDT
$17,651,894.52
17693104.407 PAX
26.11%
2
ZB
Trading Incentives
Updated 2 minutes ago
$1.00
6.8543 QC
$13,216,810.90
13261114.903 PAX
19.57%
3
Updated about 3 hours ago
$0.99
0.9943 USDT
$8,918,726.78
8964710.000 PAX
13.23%
4
Updated 7 minutes ago
$1.00
0.9955 USDT
$7,036,329.46
7060945.950 PAX
10.42%
5
OKEx
Trading Incentives
Updated 13 minutes ago
$1.00
0.0002784 BTC
$6,368,334.09
6393926.168 PAX
9.44%
6
Updated 2 minutes ago
$1.00
0.00027867 BTC
$3,249,577.24
3258660.965 PAX
4.81%
7
OKEx
Trading Incentives
Updated 13 minutes ago
$1.00
0.9954 USDT
$2,094,268.06
2101332.603 PAX
3.10%
8
CoinBene
Trading Incentives
Updated 1 minute ago
$1.00
0.9958 USDT
$961,244.25
964397.340 PAX
1.42%
9
Updated 22 minutes ago
$1.00
0.00027845 BTC
$908,445.50
912083.713 PAX
1.35%
10
Updated 21 minutes ago
$1.00
3.0954 XRP
$894,569.43
896717.260 PAX
1.32%
11
Updated 22 minutes ago
$1.00
0.98688152 USDT
$879,763.07
883354.570 PAX
1.30%
12
Updated 22 minutes ago
$0.97
0.0081835 ETH
$832,533.01
856371.670 PAX
1.26%
Quick Stats
Paxos Standard Price $1.00
Paxos Standard ROI Beta -0.36%
Market Cap $132,720,982
Market Cap Dominance 0.11%
Trading Volume $64,475,440
24h Low / 24h High $0.99 / $1.00
Market Cap Rank #40
All-Time High $1.13
Since All-Time High -12%
All-Time High Date Oct 15, 2018 (3 months)
1 Hour 0.12%
24 Hours 0.56%
7 Days 0.43%
14 Days 0.31%
30 Days -0.41%
60 Days -1.8%
1 Year
Paxos Standard/Bitcoin Ratio 1 BTC = 3591.53 PAX
Misc. Info
Genesis Date -
Hashing Algorithm Ethash
Hashrate N/A
Block Time minutes
Available/Total Supply 133 Million / 133 Million
Complete Metrics Score
39%
Total
Major Exchanges Trading Activity
72%
Liquidity
Source Code Repository Activity
19%
Developer
Social Media & Discussion Board
6.4%
Community

About Paxos Standard

Paxos Standard (PAX) was created by Paxos, a financial technology company on a mission to modernize finance by mobilizing assets at the speed of the internet. Paxos was the first virtual currency company to receive a charter from the New York State Department of Financial Services. As a chartered limited purpose trust company with fiduciary powers under the Banking Law, Paxos is able to offer regulated services in the crypto-asset and virtual commodities space.

The Paxos team comes from a wide variety of backgrounds with a diverse array of experiences ranging from Wall Street to Silicon Valley. It’s led by CEO and co-founder Charles Cascarilla, who has spent his career as a customer, analyst, investor and now creator of financial technology.

Paxos describes itself as “the first regulated Trust company with blockchain expertise”, and it is using that expertise to create a modern settlement solution that can eliminate risk and simplify settlements. What many people may not know about Paxos is that it was actually founded in 2012 as Paxos Trust Company, and that for most of its life it ran the cryptocurrency exchange itBit, which is still operates. The creation of Paxos was a pivot from an exchange platform to a company focused on creating a modern settlement platform using blockchain technology.

Paxos has become the most widely adopted cryptocurrency in the fastest time frame, with support from over 20 exchanges and OTC desks in the first five weeks of its existence. It’s been picked up and listed by six of the top ten cryptocurrency exchanges, Binance, OKEx, Gate.io, ZB, KuCoin and DigiFinex. These exchanges are offering PAX as an alternative to the controversial Tether. Unlike the controversy surrounding the people who control Tether, there is no such obscurity when it comes to the people behind Paxos. The CEO and co-founder is Charles Cascarilla. He has over 15 years in financial services and has co-founded Cedar Hill asset management back in 2005. He has also worked and Bank of America and Goldman Sachs prior to that.

The Paxos Standard (PAX) is the first digital asset to be issued by a financial institution and to be fully secured by the U.S. dollar. While other similar stablecoins have existed, there has been no proof of full U.S. dollar reserves, nor have these earlier assets been issued by a financial institution. The Paxos team has been fairly clear in declaring the different base that PAX is working from.

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