PAXG Gold Token Contract Surpasses $22.7M 24H Trading Volume on Hyperliquid, Outperforms LIT, BNB, and AAVE

Market Breakthrough: According to Hyperinsight monitoring, PAXG gold token achieved a 24-hour trading volume of $22.7 million on Hyperliquid by January 21, ranking 8th among the platform’s most-traded assets, outperforming LIT, BNB, and AAVE.

Open Interest and Funding Rates Analyzed

PAXG’s open interest currently stands at $86.85 million, with a funding rate of -0.0032%. This negative value reflects a bearish market sentiment, where short positions pay longs.

• 24H Trading Volume: $22.7M
• Open Interest: $86.85M
• Funding Rate: -0.0032%

Amid a generally bearish crypto market, PAXG’s performance is drawing investor attention, especially as traditional safe-haven assets and digital assets show stronger correlation.