OCB — Trust Rating
PAXG Trust Rating
Paxos · Token backed 1:1 by allocated physical gold held in audited vaults.
PAXG (Paxos) scores 88/100 on OnChain Benchmark's Verified Capital Trust Rating — Verified band — across four dimensions: disclosure quality 19/25, redemption liquidity 22/25, structural trust 23/25, and holder concentration 22/25 (methodology v1.1, as of Jul 7, 2026).
Verified Capital Trust Rating
OCB — 01
PAXG across four dimensions
Each dimension contributes up to 25 points to the composite trust rating. Last scored Jul 7, 2026 on methodology v1.1.
| Dimension | Score |
|---|---|
| Disclosure Quality | 19 / 25 |
| Redemption Liquidity | 22 / 25 |
| Structural Trust | 23 / 25 |
| Holder Concentration | 22 / 25 |
| Composite | 88 / 100 |
OCB — 02
Evidence behind the rating
A sample of the verified facts behind PAXG's score. Each finding carries a confidence level; the full diligence trail is in the terminal.
- Holder Concentrationaddress exclusion98% confidence
Etherscan label "Exchange". Paxos exchange custody account. Excluded.
Verified Jun 1, 2026· Etherscan label - Holder Concentrationaddress exclusion98% confidence
Etherscan label "Exchange". Binance custody account. Excluded.
Verified Jun 1, 2026· Etherscan label - Holder Concentrationholder investigation98% confidence
Ranks 2 (Kraken 246, 3.09%), 3 (Paxos 5, 2.41%), 5 (Kraken 245, 1.40%), 7 (Binance 14, 1.21%), 9 (Paxos 4, 1.08%) all carry Etherscan Exchange label — clearly excludable. Addresses not recorded during 2026-06-01 session. Binance: Hot Wallet 20 (rank 1, 20.37%) address known from prior XAUT work and excluded in migration 0037. Add remaining 5 addresses in follow-up migration.
Verified Jun 1, 2026· Etherscan holders tab — labels confirmed, addresses not captured - Holder Concentrationaddress exclusion98% confidence
Etherscan label "Exchange". Kraken custody account. Excluded.
Verified Jun 1, 2026· Etherscan label - Holder Concentrationaddress exclusion98% confidence
Etherscan label "Exchange". Kraken custody account. Excluded.
Verified Jun 1, 2026· Etherscan label - Holder Concentrationaddress exclusion98% confidence
Etherscan label "Exchange". Paxos exchange custody account. Excluded.
Verified Jun 1, 2026· Etherscan label
OCB — 03
Key facts
- Issuer
- Paxos
- Asset class
- Tokenized Commodities
- Chains
- Ethereum
- Methodology
- v1.0
- Last scored
- Jul 7, 2026
- Rubric
- Verified Capital Trust Rating
The interactive terminal shows every verified fact behind PAXG's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.