Pax Dollar (previously Paxos Standard) is a regulated crypto asset. It is fully collateralized 1:1 by the U.S. dollar, approved and regulated by the NYDFS, and enables instantaneous transactions.
Market cap rank 589Pax Dollar
Trading Activity Trading Activity is a 0–100 price-reliability indicator combining reported 24-hour volume with market-cap turnover, cached valid-market liquidity, active exchange breadth, and quote freshness when those inputs are available. It assesses whether the displayed market price is supported by meaningful trading; it does not assess project development, reserves, or solvency.
Supported
$1.09M traded Price signal supported
Trading Activity price-reliability indicator with 100 percent data coverage. Low activity replaces price-derived sentiment because the displayed market price may not be supported by meaningful trading. Peg Health Peg Health is a price-stability 0–100 indicator for stablecoins. It measures the asset’s current distance from its target, reconstructed 24-hour to 90-day reference-price snapshots, and whether rising 24-hour volume accompanies a deviation. It measures observed market pricing, not reserve quality or redemption safety.
Watch
Target $1.0000 0.31% below
Peg Health price-stability indicator with 100 percent data coverage. It measures observed market pricing, not reserve quality or redemption safety. Market Signal Market Signal is a price-based 0–100 indicator combining 24-hour to one-year momentum, logarithmic position between the all-time low and high, recency of those milestones, and whether 24-hour volume change confirms the latest price move. It describes current market conditions, not a price forecast.
Neutral
Price-based current market conditions indicator with 0 percent data coverage. This is not a price forecast.
$1.00
Updated Data via CoinMarketCap
- Market cap The current market value of coins already in circulation.
- $22.43M
- Token Dominance This asset's share of the Token category's total market capitalization, calculated by dividing its market cap by the combined market cap of assets in its primary CryptoSlate category.
- 0.0%
- Volume (24h) The estimated total value traded across exchanges over the past 24 hours.
- $1.09M
- Supply The circulating supply currently reported for this asset.
- 22.5M
- FDV Fully diluted valuation estimates the market value if the project's fully diluted token supply were circulating at the current price.
- $22.43M
Pax Dollar price today
Pax Dollar is trading at $1.00 as of , reflecting a change over the past 24 hours. USDP’s market capitalization stands at $22.43M with 0.0% dominance over the total crypto market.
Over the past seven days, Pax Dollar has moved , while the 30-day trend shows a shift. Trading volume over the past 24 hours reached $1.09M, a change from the prior 24 hours.
Pax Dollar is currently 50.72% below its all-time high. Its all-time high was $2.02 on Nov 16, 2021. The total circulating supply is 22.5M USDP.
Pax Dollar price chart
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Why trading activity is supported
Supported 54 100% data coverage Trading Activity explains whether the displayed price is supported by meaningful trading. It is a price-reliability indicator, not a project rating.
Price signal unreliable $1,091,102.77 traded over the last 24 hours. The available activity evidence is sufficient to retain the asset’s price-derived signal.
Price support evidence
Measured factors support the displayed price; unavailable factors are shown explicitly and reduce data coverage. Reported volume45% weight 60 / 100
Valid-pair liquidity25% weight 13 / 100
Market-cap turnover15% weight 74 / 100
Exchange breadth10% weight 75 / 100
Quote freshness5% weight 100 / 100
Reliability decision
Price-derived interpretation begins at 40 out of 100; readings below that threshold are withheld. 54 40 / 100 minimum
Price signal supported Trading evidence supports price-derived interpretation.
Activity evidence
These observed market values underpin the Trading Activity score and its coverage.- 24h volume
- $1.09M
- Turnover
- 4.86%
- Valid markets
- 7
- Active exchanges
- 5
Low activity can make the displayed price sensitive to a handful of trades. Trading Activity assesses price reliability—not project development, legal status, reserves, or solvency.
Price movement Not interpreted while trading support is below the reliability threshold.
Market context
Supporting only Supporting market context is shown for orientation but is not treated as a reliable price signal.- Displayed price The latest displayed USD price. Low trading support can make this value sensitive to a small number of trades.
- $1.00
- Market cap The current market value of coins already in circulation.
- $22.43M
- Reported pairs The number of market pairs reported for this asset.
- 140
How Trading Activity is calculated
What it measures
The model combines reported 24-hour volume, market-cap turnover, valid-pair liquidity, active exchange breadth, and quote freshness. Missing optional evidence lowers coverage; missing volume or a known-stale quote suppresses price-derived interpretation.
Configured model weights
- Reported volume
- 45% weight
- Valid-pair liquidity
- 25% weight
- Market-cap turnover
- 15% weight
- Exchange breadth
- 10% weight
- Quote freshness
- 5% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
Scores of 0–19 are dormant, 20–39 are thin, 40–69 are supported, and 70–100 are active. Scores below 40 withhold price-derived interpretation.
Why Pax Dollar is Watch
Watch 89 100% data coverage Peg Health explains observed market-price stability around the configured target. It does not assess reserves, redemptions, issuer risk, or solvency.
Pax Dollar is trading 0.31% below its $1.00 target. The combined available evidence produces a watch reading and warrants monitoring.
Peg deviation
The corridor shows distance from the configured target without treating above-target or below-target movement as bullish or bearish.Health factors
Each factor shows its observed health and maximum formula weight in the Peg Health score. Current deviation50% weight 93 / 100
Snapshot stability35% weight 88 / 100
Resilience10% weight 74 / 100
Volume stress5% weight 93 / 100
Deviation evidence
Each value is the reconstructed distance from the configured target at that snapshot.- Now
- −0.31%
- 24H
- −0.32%
- 7D
- −0.37%
- 30D
- −0.95%
- 90D
- −0.13%
Peg Health measures observed market-price stability only. It does not assess reserves, redemption access, issuer risk, or solvency.
Market context
Not directly scored These supporting values provide context and are not directly included in the displayed signal score.- 24h volume The estimated total value traded across exchanges over the past 24 hours.
- $1.09M
- Market cap The current market value of coins already in circulation.
- $22.43M
- Circulating supply The number of tokens currently available and circulating in the market.
- 22.5M USDP
How Peg Health is calculated
What it measures
The model combines current target deviation, reconstructed price stability, weakest-snapshot resilience, and volume stress. Moving fiat targets use current-price evidence unless matching historical FX targets are available.
Configured model weights
- Current deviation
- 50% weight
- Snapshot stability
- 35% weight
- Resilience
- 10% weight
- Volume stress
- 5% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
Higher scores indicate stronger observed price stability: 90–100 is on peg, 70–89 is watch, 40–69 is stressed, and 0–39 is depegged. A large current deviation can move the result into a more severe band.
Pax Dollar markets
Sort by
| Pair | Liquidity shows how easily a token can be bought or sold in a given market pair without materially moving its price. On centralized exchanges, it appears as a Liquidity Score. On decentralized exchanges, it reflects the size of the pair's liquidity pool. | Market details | ||||
|---|---|---|---|---|---|---|
| 1 | USDP/USD | $0.9966 | Vol (24h) $251 | 300 | ||
| 2 | Uniswap v3 (Ethereum) | USDP/USDC | $0.99963 | Vol (24h) $16 | 23 | |
| 3 | Curve (Ethereum) | FRAX/USDP | $0.99017 Best price | Vol (24h) $2.28K | 200 | |
| 4 | Curve (Ethereum) | USDP/CRVUSD | $0.99699 | Vol (24h) $584 | 5 | |
| 5 | USDP/USDT | $0.99676 | Vol (24h) $870.02K | 181 | ||
| 6 | Uniswap v2 | AAVE/USDP | $123.15 | Vol (24h) $1.37K | 199 | |
| 7 | Uniswap v2 | UNI/USDP | $6.6889 | Vol (24h) $204 | 79 |
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About Pax Dollar
Pax Dollar links & resources
- Website
- paxos.com
- Whitepaper
- Whitepaper
- GitHub
- paxosglobal/pax-contracts
- Explorer
- etherscan.io
Pax Dollar Token contracts
Pax Dollar technical details
Circulating Supply 22,498,495
Total Supply 22,498,495
Pax Dollar Organization and team
Registered organization
Paxos Trust Company, LLC
Paxos Trust Company, LLC is the registered organization associated with Pax Dollar.
- Registered in United States
Team members
8 profilesCharles Cascarilla
CEO & Co-FounderAndrew Chang
COORich Teo
Co-Founder & CEO AsiaNancy Dornbush
Global Head of OperationsCorey Wendling
SVP of EngineeringDaniel Burstein
General Counsel & Chief Compliance OfficerSeth Phillips
Executive Director of Post-TradeDorothy Chang
VP of Marketing & CommsPax Dollar FAQs
What is the price of Pax Dollar today?
As of Nov 11, 2026, Pax Dollar trades at $1.00.
What is the market cap of Pax Dollar?
Pax Dollar has a market capitalization of $22,428,993.34.
What is the 24-hour trading volume of Pax Dollar?
Pax Dollar has a 24-hour trading volume of $1,091,102.77.
What is the all-time high of Pax Dollar?
Pax Dollar reached an all-time high of $2.02, recorded on Nov 16, 2021. It is currently 50.72% below its all-time high.
What is the all-time low of Pax Dollar?
Pax Dollar recorded an all-time low of $0.87, recorded on Mar 13, 2020. It is currently 14.22% above its all-time low.
