Pax Dollar
USDP#633| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.19% | -0.62% | -0.57% | -0.82% | -1.03% |
About Pax Dollar
Where to buy Pax Dollar — USDP markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| MEXC | USDP/USDT | $0.99479 | $30.53K | green |
| Coinbase Exchange | PAX/USD | $0.99581 | $6.33K | green |
| Gate | USDP/USDT | $0.99539 | $815.84 | green |
| Uniswap V4 (Ethereum) | 0X8E870D67F660D95D5BE530380D0EC0BD388289E1/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.996282 | $48.55K | red |
| THORChain | ETH.USDP-0X8E870D67F660D95D5BE530380D0EC0BD388289E1/THOR.RUNE | $1.00 | $3.79K | red |
| Uniswap V2 (Ethereum) | 0X8E870D67F660D95D5BE530380D0EC0BD388289E1/0X7FC66500C84A76AD7E9C93437BFC5AC33E2DDAE9 | $0.996256 | $1.26K | red |
| Uniswap V2 (Ethereum) | 0X8E870D67F660D95D5BE530380D0EC0BD388289E1/0X1F9840A85D5AF5BF1D1762F925BDADDC4201F984 | $0.999911 | $307.15 | red |
| Curve (Ethereum) | 0X8E870D67F660D95D5BE530380D0EC0BD388289E1/0X853D955ACEF822DB058EB8505911ED77F175B99E | $0.996589 | $98.49 | red |
| Curve (Ethereum) | 0X8E870D67F660D95D5BE530380D0EC0BD388289E1/0X6C3F90F043A72FA612CBAC8115EE7E52BDE6E490 | $0.99639 | $60.16 | red |
Pax Dollar Price History
Pax Dollar (USDP) reached its all-time high of $1.18 on April 16, 2024, and trades 16.2% below that peak today. Its all-time low was $0.863529 on May 19, 2021, and the price has since risen 15% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.999516 | $1.0088 | $0.98538 | $0.988746 | -1.08% |
| 2025 | $0.9987 | $1.2312 | $0.9841 | $0.999599 | +0.09% |
| 2024 | $1.001 | $1.082 | $0.9418 | $0.9741 | -2.69% |
| 2023 | $0.9974 | $1.107 | $0.9626 | $1.001 | +0.36% |
| 2022 | $1.001 | $1.033 | $0.9843 | $0.9986 | -0.24% |
| 2021 | $1.005 | $1.01 | $0.99 | $0.9987 | -0.63% |
Pax Dollar News
No recent news for Pax Dollar.
Pax Dollar FAQ
What is Pax Dollar (USDP)?
Pax Dollar (USDP) is a stablecoin launched in 2018 by Paxos, operating on the Ethereum blockchain. It is designed to maintain a 1:1 value with the US dollar, backed by reserves held by Paxos. It is an ERC-20 token.
How does Pax Dollar work?
USDP works by being fully collateralized with US dollars held in reserve. Each USDP token represents one dollar, and the reserves are audited to ensure transparency. Transactions occur on Ethereum, allowing for fast and secure transfers.
What is USDP used for?
USDP is used for payments, remittances, and as a stable store of value in the crypto ecosystem. It enables users to hold a digital asset with minimal price volatility, useful for trading and hedging.
How does Pax Dollar differ from other stablecoins?
Unlike algorithmic stablecoins, USDP is fully backed by fiat reserves and is issued by Paxos, a regulated financial institution. It operates on Ethereum, similar to USDC, but is specifically issued by Paxos with a focus on regulatory compliance and transparency.
What is the current price of Pax Dollar?
Pax Dollar is currently priced at $0.9887, down 0.62% in the last 24 hours. It is ranked #633 by market capitalization. Over the past 7 days, USDP is down 0.57%.
What is Pax Dollar's market cap?
Pax Dollar has a market capitalization of $24.80M. The 24-hour trading volume is $485,107.77, reflecting the total value of USDP traded across all exchanges in the last day.
How many Pax Dollar coins are in circulation?
There are currently 25.08M USDP in circulation. The total supply is 25.08M USDP.
