{"id":13219,"date":"2026-09-26T05:00:41","date_gmt":"2026-09-26T05:00:41","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/paxos-labs-launches-gold-token-that-can-earn-a-return-in-gold\/"},"modified":"2026-09-26T05:00:41","modified_gmt":"2026-09-26T05:00:41","slug":"paxos-labs-launches-gold-token-that-can-earn-a-return-in-gold","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/paxos-labs-launches-gold-token-that-can-earn-a-return-in-gold\/","title":{"rendered":"Paxos Labs Launches Gold Token That Can Earn A Return In Gold"},"content":{"rendered":"<ul>\n<li>Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time.<\/li>\n<li>The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market.<\/li>\n<li>PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed.<\/li>\n<\/ul>\n<p>**ID:** N25-09<\/p>\n<p>**Site:** NewsBTC<\/p>\n<p>**Status:** READY<\/p>\n<p>**Author:** NewsBTC Editorial Team<\/p>\n<p>**Focus Keyword:** Paxos<\/p>\n<p>**Image Keyword:** Gold<\/p>\n<p>**Category:** Altcoins<\/p>\n<p>**Tags:** Paxos, PAXG, PAXGy, Gold, Tokenization<\/p>\n<p>**Primary Source:** https:\/\/www.paxos.com\/blog<\/p>\n<h2>The Token Balance Stays The Same While Its Gold Value Can Grow<\/h2>\n<p>PAXGy is backed by PAXG.<\/p>\n<p>Each PAXG represents physical gold held in institutional custody, with the underlying reserves subject to regular attestation.<\/p>\n<p>PAXGy adds another layer.<\/p>\n<p>Paxos Labs says holders can deposit PAXG or swap supported stablecoins for PAXGy.<\/p>\n<p>The reserves backing PAXGy can then be lent to vetted institutional borrowers in the bullion market.<\/p>\n<p>When those strategies generate a return, that value accrues through the PAXGy exchange rate.<\/p>\n<p>The holder\u2019s number of tokens does not have to increase.<\/p>\n<p>Instead, each PAXGy can become redeemable for more PAXG over time.<\/p>\n<p>That is a very different model from simply holding tokenized bullion.<\/p>\n<h2>Yield Also Introduces Risk That Plain Gold Does Not Have<\/h2>\n<p>There is no free yield here.<\/p>\n<p>Paxos Labs explicitly warns that deploying gold into external strategies introduces credit, liquidity and market risks.<\/p>\n<p>If borrowers default or the underlying strategies suffer losses, the PAXGy exchange rate can move downward.<\/p>\n<p>Growth is not guaranteed.<\/p>\n<p>That distinction matters because PAXG and PAXGy may sound almost identical while representing different risk profiles.<\/p>\n<p>PAXG is designed around direct exposure to physical gold.<\/p>\n<p>PAXGy adds a yield-generating strategy on top of that exposure.<\/p>\n<p>The token is launching with support from OKX, X Layer, 0x, Uniswap, Ether.Fi and Chainlink.<\/p>\n<p>Paxos Labs says tokenized gold has now grown beyond $5 billion in total value, while trading volume during the first quarter of 2026 exceeded the whole of 2025.<\/p>\n<p>PAXGy is an attempt to make that market more financially productive.<\/p>\n<p>Instead of tokenizing gold simply so it can move onchain, the product tries to connect it to a centuries-old lending market as well.<\/p>\n<p>It is another example of tokenization starting to recreate financial functions around an asset, not merely digitize ownership of it.<\/p>\n<p>*This article was written by the News Desk and edited by [Samuel Rae](https:\/\/www.newsbtc.com\/author\/rae-samuel\/).*<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed. **ID:** N25-09 **Site:**&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13220,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5698],"tags":[12,5722,5723,5584,349],"class_list":["post-13219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-altcoins","tag-paxg","tag-paxgy","tag-paxos","tag-tokenization"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/13219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=13219"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/13219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/13220"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=13219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=13219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=13219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}