HostPAXG vs KBTC — price, size and safety, side by side
PAXG (Ethereum) vs KBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-26.
PAXG vs KBTC — normalized performance, 2026-09-14 to 2026-09-26T18:07:24
| PAXG | KBTC | |
|---|---|---|
| Price | $4.28K | $83.98K |
| Market cap | $1.86B | $755.56M |
| 24h volume | $1.17M | $1.10M |
| Liquidity | $20.43M | $19.22M |
| FDV | $1.85B | $578.06M |
| Holders | 88,116 | 5,010 |
| Age (days) | 334 | 137 |
| Safety grade | B | B |
Where they differ
- PAXG measures ~2.5× the market cap of KBTC
- PAXG measures ~18× the holder count of KBTC
- over the shared window PAXG moved −0.61% while KBTC moved +6.02%
What the data says
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 September 27, 2026 snapshot reads $20.4 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.
KBTC
KBTC is Kraken's wrapped Bitcoin — the exchange's entry into the custodial-BTC field that BitGo's WBTC defined and Coinbase's cbBTC made a two-horse race. The deployment 0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98 is the Ethereum mint; our September 26, 2026 snapshot reads $19 million of tracked pool liquidity — real but thin against the incumbents' billions.
The honest framing is custody-shaped: a wrapped BTC is a claim on whoever holds the underlying coins, so Kraken's operational record and regulatory posture are the actual asset backing this token — same trust model as WBTC and cbBTC, different custodian. The spread between this read and the leaders' depth is the market's verdict on how much of that custody people want exposure to on-chain versus at the exchange itself.
FAQ
Which is bigger, PAXG or KBTC?
By tracked market cap: PAXG (Ethereum) measures $1.86B and KBTC (Ethereum) measures $755.56M — dated snapshots, not a live feed.
Which is safer, PAXG or KBTC?
On the contract checks we publish: PAXG (Ethereum) grades B and KBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have PAXG and KBTC performed over the shared window?
Between 2026-09-14 and 2026-09-26T18:07:24, the measured snapshots show PAXG at −0.61% and KBTC at +6.02%.
More comparisons
OLD SLERF vs PAXGPAXG vs USDMPAXG vs JUPUSDVVV vs PAXGRAY vs KBTCJUPUSD vs KBTCKBTC vs BOMEUSDM vs KBTC
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, 2026-09-14→2026-09-26T18:07:24; 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 NexFlow product.