$PAXG
PAXG’s price tracks physical gold, which rose 0.9% in the past week as Middle East tensions and a weaker U.S. dollar (DXY down 10% YTD) spurred demand for hard assets. Tokenized gold’s market cap grew 67.8% in 2025 to $1.9B, with PAXG and Tether Gold dominating 84% of the sector
- Aave’s Temp Check to list Tether Gold (XAUT) signals growing RWA adoption, benefiting #PAXG by association
- Curve’s XAUt-PAXG pool offers 2% yield, incentivizing liquidity provision
- exchange May 2025 PAXG futures launch increased institutional access, with open interest hitting $5.2M post-launch