Paxos Gold
Best for independently tracked protocol
How it rates
- Accounting methodology published
- $1,898m recorded independently
- No audit report linked in the public dataset at this check
- Single-chain deployment
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metIndependent audit report linked publicly
No audit report linked in the public dataset at this check.
defillama.com/protocol/paxos-gold - Not met
- MetTracked by an independent analytics platform
Listed with published value and history.
defillama.com/protocol/paxos-gold - Met
- MetApplication reachable at a public address
Reachable without an account at this check.
paxos.com/paxgold/
- MetApplication reachable without an account
Reachable without an account at this check.
paxos.com/paxgold/ - MetProtocol economics published independently
Value and change history published.
defillama.com/protocol/paxos-gold - Met
- PartialFee or reward model documented publicly
Application reachable for review; specific rates not captured at this check.
paxos.com/paxgold/ - MetNo account required to reach the application
Reachable without an account at this check.
paxos.com/paxgold/
- Met
- Met
- Not met
- Not met
- Met
- Met
- Not met
- Met
- Met
- Met
- Met
- Met
- Not met
- Met
- Met
A tokenised gold product holding $1.90bn, issued by a New York-regulated trust company with allocated London vault storage.
Our assessment
PAX Gold holds $1.90bn, issued by a New York-regulated trust company with each token representing allocated gold in London vaults. Its distinguishing feature is regulatory supervision rather than scale.
Supervision by a financial regulator
The issuer operates under New York Department of Financial Services oversight, which imposes reserve requirements, examinations and reporting obligations. For a product whose entire value depends on physical assets existing where the issuer says they do, an examining regulator is a meaningfully stronger assurance than self-attestation.
Allocated, in London, with serial numbers
Gold is held as allocated bars in London vaults, with holders able to look up the specific bar backing their holding. That level of specificity is unusual and directly addresses the question every gold-backed token has to answer: is the metal actually there, and is it mine.
Where the evidence thins
No audit report was retrievable at a public address at this check, and some transparency indicators returned little. Regulatory supervision covers the issuer's conduct; published attestation of the holdings is the complementary evidence, and its accessibility is what our rubric measures.
Who it suits
PAX Gold fits users wanting tokenised gold from a supervised US issuer with verifiable allocation. Users wanting greater liquidity and wider chain coverage should compare Tether Gold.
How rivals compare
Frequently asked
Does this score mean Paxos Gold is safe?
No. It measures what an outsider can verify: linked audits, published methodology and independently recorded data. Contract and custody risk are not tested by us.
Where do these figures come from?
A public analytics dataset queried at the verification date, plus the audit reports it links. Anyone can re-run the query.
Why do some protocols score zero on audits?
Because no audit report is linked in the public record. It records what a user can reach, not a claim that no audit exists.