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About PAX and DRV
Paxos Standard is climbing, while Derive is falling this week. The current PAX to DRV conversion rate is 9.51. Inversely, this means that if you convert 1 DRV you will get 0.1052 PAX. The conversion rate of PAX/DRV has increased by 0% in the last hour (DRV/PAX decreased by 0%). In the last 24 hours, PAX/DRV grew by 7.28%, while DRV/PAX shrunk by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 9.51 DRV. In other words, to buy 5 Paxos Standard, it would cost you 47.54 DRV. Inversely, 1 DRV would allow you to trade for 0.1052 PAX while 50 DRV would convert to 5.26 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.04%. Meanwhile, in the last 24 hours, the rate has changed by 6.8%, and that the highest exchange rate of 1 PAX to DRV was 9.54 DRV and the lowest 24 hour value was 1 PAX for 8.70 DRV. Last month, 1 PAX was worth 11.26 DRV. Today, it's down 18.48%. Looking back a year, Paxos Standard has changed by 37.25 DRV. That means that in a single year, the value of Paxos Standard has shrank by 291.83%.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Derive Market Stats
Derive ($DRV) powers the Derive ecosystem, an onchain derivatives protocol for options, perpetuals, and structured products. DRV is used to coordinate governance, liquidity incentives, and ecosystem growth. Derive enables traders, market makers, and builders to create and access advanced financial products onchain - from yield strategies and hedging tools to leveraged speculation across digital assets.
Conversion tables
PAX to DRV values from Today at 1:40 am
0.5 PAX = 4.75 DRV |
1 PAX = 9.51 DRV |
5 PAX = 47.54 DRV |
10 PAX = 95.07 DRV |
50 PAX = 475.36 DRV |
100 PAX = 950.71 DRV |
500 PAX = 4,753.56 DRV |
1,000 PAX = 9,507.12 DRV |
DRV to PAX values from Today at 1:40 am
0.5 DRV = 0.05259 PAX |
1 DRV = 0.1052 PAX |
5 DRV = 0.5259 PAX |
10 DRV = 1.05 PAX |
50 DRV = 5.26 PAX |
100 DRV = 10.52 PAX |
500 DRV = 52.59 PAX |
1,000 DRV = 105.18 PAX |
PAX to DRV over time
PAX | Today | 24H 6.80% | 1M -18.48% | 1Y -291.83% |
|---|---|---|---|---|
0.5 PAX | 4.75 DRV | 4.43 DRV | 5.63 DRV | 18.63 DRV |
1 PAX | 9.51 DRV | 8.86 DRV | 11.26 DRV | 37.25 DRV |
5 PAX | 47.54 DRV | 44.30 DRV | 56.32 DRV | 186.26 DRV |
10 PAX | 95.07 DRV | 88.61 DRV | 112.64 DRV | 372.52 DRV |
50 PAX | 475.36 DRV | 443.04 DRV | 563.21 DRV | 1,862.60 DRV |
100 PAX | 950.71 DRV | 886.07 DRV | 1,126.41 DRV | 3,725.19 DRV |
500 PAX | 4,753.56 DRV | 4,430.37 DRV | 5,632.07 DRV | 18,625.97 DRV |
1,000 PAX | 9,507.12 DRV | 8,860.74 DRV | 11,264.13 DRV | 37,251.94 DRV |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9982.
Based on the current rate, you could get 1.00 PAX for 1 USD.
Paxos Standard price has been declining. Since yesterday, the exchange rate of Paxos Standard has decreased. Since last month, the exchange rate of Paxos Standard has increased. Since this time last year, the price of Paxos Standard has increased.
You can use our PAX to USD calculator at the top of this page to convert any amount of PAX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.01 PAX. Inversely, 5 PAX will cost about $4.99
Paxos Standard is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Paxos Standard.
There are a number of crypto assets that have the a similar or comparable market cap to Paxos Standard, including DEAPcoin, ICON, and KGeN. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.