HostTBTC vs PAXG — price, size and safety, side by side
TBTC (Ethereum) vs PAXG (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-17.
TBTC vs PAXG — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| TBTC | PAXG | |
|---|---|---|
| Price | $82.91K | $4.15K |
| Market cap | $358.59M | $1.84B |
| 24h volume | $1.05M DEX | $3.65M DEX |
| Liquidity | $26.99M | $20.89M |
| FDV | $358.59M | $1.83B |
| Holders | 25,280 | — |
| Age (days) | 886 | 352 |
| Safety grade | B | B |
Where they differ
- PAXG measures ~5.1× the market cap of TBTC
- PAXG measures ~3.5× the 24h volume of TBTC
- over the shared window TBTC moved +6.55% while PAXG moved −5.78%
What the data says
TBTC
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our October 6, 2026 snapshot reads $27.0 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
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, TBTC or PAXG?
By tracked market cap: TBTC (Ethereum) measures $358.59M and PAXG (Ethereum) measures $1.84B — dated snapshots, not a live feed.
Which is safer, TBTC or PAXG?
On the contract checks we publish: TBTC (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 TBTC and PAXG performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show TBTC at +6.55% and PAXG at −5.78%.
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→2026-10-17T03:15:24; 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.