HostFRXUSD vs PAXG — price, size and safety, side by side
FRXUSD (Ethereum) vs PAXG (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-16 / 2026-10-17.
FRXUSD vs PAXG — normalized performance, 2026-09-08 to 2026-10-16T21:15:32
| FRXUSD | PAXG | |
|---|---|---|
| Price | $1.00 | $4.15K |
| Market cap | $108.35M | $1.84B |
| 24h volume | $1.55M DEX | $3.65M DEX |
| Liquidity | $24.44M | $20.89M |
| FDV | $93.15M | $1.83B |
| Holders | 2,000 | — |
| Age (days) | 21 | 352 |
| Safety grade | B | B |
Where they differ
- PAXG measures ~17× the market cap of FRXUSD
- PAXG measures ~2.3× the 24h volume of FRXUSD
- over the shared window FRXUSD moved +0.40% while PAXG moved −5.80%
What the data says
FRXUSD
FRXUSD is Frax's dollar — the stablecoin of the protocol that pioneered fractional-algorithmic backing and later migrated to full collateralization, now issued against custodied reserves and yield-bearing positions. The deployment 0xcacd6fd266af91b8aed52accc382b4e165586e29 is the Ethereum mint; our October 6, 2026 snapshot reads $24.4 million of tracked pool liquidity.
The honest arc: Frax started as the algorithmic stable that held its peg with a collateral ratio dial — a design that survived the 2022 stablecoin shakeout where most algorithmics didn't — and the protocol has since moved toward conventional backing, which makes current frxUSD a different risk than its origin story suggests. The evolution is the point of checking the current reserve shape rather than the 2021 reputation.
PAXG
PAXG is Paxos's tokenized gold — each token a claim on one fine troy ounce held in LBMA vaults in London, making it the most direct on-chain gold exposure in this index. The deployment 0x45804880de22913dafe09f4980848ece6ecbaf78 is the canonical mint; our October 9, 2026 snapshot reads $20.9 million of tracked pool liquidity.
The honest frame is the custodial one: a PAXG is only as good as Paxos's vault attestations and redemption rails — Paxos is a NYDFS-regulated trust, which puts this in the "institutional-grade claim" bucket alongside USDC rather than the commodity-fantasy bucket — but it is still a claim, and redemption has minimums most wallets will never meet. The token tracks spot gold minus the custody premium; what it cannot track is the deep liquidity of actual gold markets.
FAQ
Which is bigger, FRXUSD or PAXG?
By tracked market cap: FRXUSD (Ethereum) measures $108.35M and PAXG (Ethereum) measures $1.84B — dated snapshots, not a live feed.
Which is safer, FRXUSD or PAXG?
On the contract checks we publish: FRXUSD (Ethereum) grades B and PAXG (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have FRXUSD and PAXG performed over the shared window?
Between 2026-09-08 and 2026-10-16T21:15:32, the measured snapshots show FRXUSD at +0.40% and PAXG at −5.80%.
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-08→2026-10-16T21:15:32; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a HostDeFi product.