PAX Gold Perpetual · PAXG
Trade the PAXG perpetual on Lighter DEX — zero-fee, USDC-margined, up to 50x leverage on a fully verifiable ZK order book.
Live PAXG candles from Lighter's public API. For trading, verify on app.lighter.xyz.
About PAX Gold (PAXG)
PAX Gold (PAXG) is a token backed 1:1 by physical gold. Trade the PAXG perp on Lighter zero-fee for round-the-clock exposure to the gold price.
Trading PAX Gold Perpetuals on Lighter
On Lighter, PAX Gold trades as the PAXG perpetual — no expiry, with collateral and PnL settled in USDC. Standard accounts pay 0% maker and taker fees, and Lighter offers up to 50x leverage. Every fill is matched on a fully verifiable ZK order book, so matching and liquidations are proven rather than trusted. Because it's a perpetual, you can trade PAX Gold long or short around the clock — including when the underlying market is closed.
PAXG perps on Lighter are zero-fee for standard accounts, USDC-margined, and matched on a verifiable ZK order book with up to 50x leverage. Sign up with referral code LIGHTERPEDIA for a points boost toward the LIT airdrop.
How to Trade PAX Gold on Lighter in 4 Steps
- 1Connect a wallet — open app.lighter.xyz and connect MetaMask, Rabby, or any Web3 wallet. No KYC required.
- 2Deposit USDC — fund your account with USDC to use as margin collateral. See our getting-started guide.
- 3Open the PAXG market — select PAX Gold, choose your leverage (up to 50x), and set your margin mode.
- 4Place your order — market or limit, all zero-fee for standard accounts. Manage risk with stop-loss and take-profit.
PAX Gold Perpetual — Contract Specs
| Market | PAXG (Perpetual) |
|---|---|
| Margin asset | USDC |
| Maker / taker fee | 0% / 0% (standard account) |
| Max leverage | Up to 50x |
| Order matching | Verifiable ZK order book, settles to Ethereum |
| Trading hours | 24/7 |
| Settlement | Settled in USDC |
| Sign-up bonus | Points boost with code LIGHTERPEDIA |
Frequently Asked Questions
What does it cost to trade the PAX Gold perpetual on Lighter?
Standard accounts on Lighter trade the PAXG perpetual at 0% maker and 0% taker fees — it is a zero-fee market. Premium tiers with LIT staked can unlock rebated rates. You still pay network gas on deposits and withdrawals.
What is the maximum leverage for PAX Gold on Lighter?
Lighter offers up to 50x leverage, with USDC as collateral. The exact cap can vary per market; higher leverage increases both potential returns and liquidation risk, so size positions carefully.
Can I trade PAX Gold around the clock on Lighter?
Yes. Lighter lists PAX Gold as a perpetual, so you can go long or short at any time — including nights and weekends when the underlying market is closed — settled in USDC.
Do I need KYC to trade PAX Gold on Lighter?
No. Lighter is a self-custody DEX — connect a Web3 wallet and trade directly, with no identity verification required. Sign up with referral code LIGHTERPEDIA for a points boost toward the LIT airdrop.
Ready to trade PAX Gold on Lighter?
Sign up with referral code LIGHTERPEDIA for a sign-up boost in the points program — your path toward the LIT airdrop. Trade the PAXG perpetual zero-fee, USDC-margined, up to 50x leverage on a verifiable ZK order book.
Trade PAXG on Lighter