Paxos brings PAX Gold to Base, widening DeFi’s gold market
Paxos has launched PAXG on Base, extending the gold-backed token’s availability to a new decentralized-finance network.
Paxos has launched PAXG on Base, extending the gold-backed token’s availability to a new decentralized-finance network. PAX Gold (PAXG) is trading at ₹3,82,897 ($4,050.23). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Fri, 06 Nov 2026 20:00:01 UTC.
The deployment gives Base users another route to hold and use a gold-linked asset within DeFi. It also adds an established tokenized-gold product to a network where DeFiLlama reports $5.85 billion in DeFi TVL.
- Paxos launched PAXG on Base
- PAXG trades at $4,049.50
- PAXG gained 3.68% over seven days
- Base DeFi TVL reaches $5.85B
Paxos has launched 
PAX Gold, or PAXG, on Base, according to Coinfomania. The release positions PAXG for broader use within Base’s decentralized-finance ecosystem and is the only reported detail in the supplied coverage; no other outlet independently corroborates the announcement.
The launch connects an established gold-backed token with Base, a network reported by DeFiLlama as having $2.87 billion in TVL, up 2.3% over seven days. DeFiLlama separately lists Base DeFi TVL at $5.85 billion, providing context for the network’s on-chain financial activity.
PAXG was trading at $4,049.50, with a $1.81 billion market capitalization. Its seven-day gain of 3.68% contrasted with a 1.42% decline over 24 hours, showing positive performance across the week despite a shorter-term pullback.
The wider crypto market was comparatively subdued. Total market capitalization stood at $2.62 trillion, the overall market was flat, and 
Bitcoin was down 0.36% over 24 hours. The Crypto Fear & Greed reading of 28 remained in the “Fear” range, while PAXG’s weekly gain provided a notable contrast with the broader market backdrop.
The deployment may matter for users and developers who want gold exposure alongside Base-based DeFi activity. The next points to monitor are the extent of PAXG adoption on Base and how its trading performance compares with the wider market; the supplied information does not provide adoption, supply, or transfer figures.
Since this brief published about 3 hours ago, PAX Gold (PAXG) has moved from ₹3,82,827.71$4,049.50 to ₹3,82,896.72$4,050.23 — +0.02%.
The chart plots PAXG's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 PAXG ≈ ₹396,902.29 (about $4,050.23), down 1.4% over 24 hours. The rupee itself trades about 3.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Paxos brings PAX Gold to Base, widening DeFi’s gold market — questions & answers
What has Paxos launched on Base?
Paxos has launched PAX Gold, or PAXG, on Base. Coinfomania describes the rollout as expanding access to gold within DeFi.
How large is Base’s DeFi activity?
DeFiLlama lists Base DeFi TVL at $5.85 billion and separately reports Base TVL of $2.87 billion, up 2.3% over seven days.
How is PAXG performing?
PAXG was priced at $4,049.50, down 1.42% over 24 hours but up 3.68% over seven days. Its market capitalization was $1.81 billion.
How much is 1 PAX Gold worth in rupee today?
About ₹396,902.29 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $4,050.23. The rupee price moves with both PAXG's US-dollar price and the USDT/INR rate; use our PAX Gold in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.