Someone trades
Every buy and sell runs through Pons, which graduates to a pool with permanently locked liquidity.
Pre-launch — contracts not yet deployed
Get paid in gold, every 15 minutes.
A share of every trade is set aside, spent on tokenized gold, and pushed straight to holders. Nothing to claim. Nothing to stake.
1%
Of every trade to holders
15 min
Distribution interval
50,000
Gold to qualify
100%
Of fees into PAXG
Fixed protocol parameters. No distributions have occurred yet.
The mechanism
How the gold reaches you.
Fees are collected on Robinhood Chain. The gold is bought and sent on Ethereum. Every step, in order.
Trade fee is set aside
A share of every trade is collected as fees and used to buy real gold — no Gold is ever sold to pay you. It is claimed and converted each cycle.
The fees buy gold
The claimed WETH buys PAX Gold, real and vaulted, one ounce per token. One asset, no discretion about what gets bought.
Holders get paid
Every wallet holding 50,000 Gold or more gets a pro-rata share, sent to that same wallet address on Ethereum. You never claim anything.
Worth being precise: the fee collection is automatic and on-chain, but the fees are claimed to a team-operated wallet, converted to gold, and sent out as operated steps each cycle. Every hop is a public transaction you can follow. The gold leg lives on Ethereum rather than Robinhood Chain, so it cannot be a single self-executing contract. What holders never have to do is claim anything.
What you receive
One asset. Nothing else.
PAX Gold is issued by Paxos, a New York State regulated trust company. One PAXG is one fine troy ounce of a London Good Delivery bar sitting in a professional vault in London — not an index, not a derivative, an actual serial-numbered bar.
The treasury buys PAXG on-chain and you receive exactly what it bought. Nothing is wrapped, synthesised, or IOU'd on the way to your wallet. You can look up the serial number and weight of the bar backing your holding on Paxos's own site.
Worth stating plainly: PAXG is redeemable for physical gold through Paxos, but only in whole-bar quantities — around 400 ounces. Below that you hold it, trade it, or sell it for cash like any other token.
PAXG
PAX Gold
Paxos · Ethereum mainnet
$4,008.73
+0.07% · 24H
Spot, 18 Jul 2026
30 DAYS AGOTODAY
Backing
1 oz per token
Custodian
Paxos, London
Live since
2019
Where your gold arrives
Two chains, one wallet.
Gold trades on Robinhood Chain. PAX Gold lives on Ethereum. Your gold is sent to the same wallet address — just on the other network. Nothing is lost; you may simply be looking at the wrong chain.
Switch your wallet to Ethereum
Your address is identical on both networks, because both are controlled by the same key. Change the network selector from Robinhood Chain to Ethereum.
Add PAXG as a token
Most wallets need the contract address before they will display a token. Paste this one in, on Ethereum:
Or just check Etherscan
Paste your wallet address into etherscan.io and open the token tab. Every distribution you have received shows up there, with the transaction that sent it.
Only ever add PAXG using the address above. Tokens copying the PAX Gold name exist on several networks, and an address from anywhere other than Paxos or Etherscan should be assumed fake.
Fee design
The fee is taken in WETH.
Which means Gold is never sold to pay you. That one decision changes everything downstream.
Sell the token to pay the yield
Most distribution protocols collect fees in their own token, then dump it on the market to buy whatever they're paying out. Holders quietly fund their own dividend through the price.
The hook collects ETH
WETH is taken at the moment of the swap and routed directly into gold. The treasury has no reason to ever touch Gold supply.
No built-in sell pressure
A protocol designed to hand you a hard asset shouldn't be creating constant pressure on the token you had to buy to qualify. Otherwise the two goals fight each other.
Distributions
How payouts will settle.
Each row will show the gold bought, what it cost, and how many wallets it reached.
Example distributions
Illustrative — not live data
Time
Gold distributed
Cost
Wallets
FAQ
Before you buy.
Any wallet holding at least 50,000 Gold when a distribution fires. Your share is your balance measured against every other qualifying balance — nothing else weights it.
No. There is no claim button, no staking contract, and no lock-up. The distributor sends PAXG to that same wallet address on Ethereum. If you qualify when it fires, it lands.
Your share of future distributions shrinks proportionally. Drop below 50,000 Gold and you stop receiving them entirely until you're back above it. Gold already sent to you is yours and is never reversed.
Three things move it: trading volume decides how much WETH was collected, total qualifying supply decides how thinly it spreads, and the spot price of gold at purchase decides how much metal that WETH actually bought.
It's a target, not a promise. Distributions execute on-chain and depend on block times and network conditions, so one can land slightly early or slightly late.
The fee rate, qualifying threshold, and interval are on-chain parameters. Any change executes on-chain and is visible before it takes effect. The asset itself — PAXG — is fixed.
Get started
Start earning gold.
Hold 50,000 Gold and the next distribution includes you.
Buy Gold →
How it works
POOL GOES LIVE AT LAUNCH