Key Metrics
Fees 30d$19.93m
Fees 30d by chain
Off Chain$19.93m
Fees 7d$4.69m
Off Chain$4.69m
Fees 24h$673,760
Off Chain$673,760
Cumulative Fees$974.93m
Off Chain$974.93m
Revenue 30d$9.73m
Revenue 30d by chain
Off Chain$9.73m
Revenue 7d$2.32m
Off Chain$2.32m
Revenue 24h$337,121
Off Chain$337,121
Cumulative Revenue$884.46m
Off Chain$884.46m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Off Chain$0
Holders Revenue 7d$0
Off Chain$0
Holders Revenue 24h$0
Off Chain$0
Cumulative Holders Revenue$0
Off Chain$0
Protocol Information
Paxos is a financial technology company that provides stablecoin services to businesses and developers
Methodology
Fees: Yields from various stablecoins backing assets (Tbills, money market funds, repurchase agreements) issued by Paxos.View code on GitHubRevenue: All the yields from Paypal USD and Binance USD backing are revenue for Paxos.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Paxos Stablecoin Issuer history
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $2.25m | $2.25m | $0 |
| Dec 2024 | $2.1m | $2.1m | $0 |
| Jan 2025 | $2.05m | $2.05m | $0 |
| Feb 2025 | $2.2m | $2.2m | $0 |
| Mar 2025 | $2.94m | $2.94m | $0 |
| Apr 2025 | $3.04m | $3.04m | $0 |
| May 2025 | $3.45m | $3.45m | $0 |
| Jun 2025 | $3.56m | $3.56m | $0 |
| Jul 2025 | $4.01m | $3.29m | $0 |
| Aug 2025 | $5.5m | $4.06m | $0 |
| Sep 2025 | $6.71m | $4.73m | $0 |
| Oct 2025 | $11.42m | $8.72m | $0 |
| Nov 2025 | $13.4m | $10.28m | $0 |
| Dec 2025 | $15.46m | $11.78m | $0 |
| Jan 2026 | $15.57m | $11.31m | $0 |
| Feb 2026 | $14.97m | $10.87m | $0 |
| Mar 2026 | $17.72m | $12.64m | $0 |
| Apr 2026 | $17.62m | $11.59m | $0 |
| May 2026 | $18.84m | $10.64m | $0 |
| Jun 2026 | $16.62m | $8.59m | $0 |
| Jul 2026 | $18.57m | $8.94m | $0 |
| Aug 2026 | $19.47m | $8.83m | $0 |
| Sep 2026 | $19.5m | $9.16m | $0 |
| Oct 2026 | $20.57m | $10.04m | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/paxos-stablecoin-issuer
Frequently asked questions
What chains does Paxos Stablecoin Issuer operate on?
Paxos Stablecoin Issuer operates on Off Chain.
How much has Paxos Stablecoin Issuer generated in fees and revenue?
Over the past 30 days, Paxos Stablecoin Issuer generated $19.93m in fees. Of that, $9.73m was protocol revenue. Based on the trailing year, the annualized rate is $208.32m in fees and $124.69m in revenue.
How does Paxos Stablecoin Issuer's TVL compare to similar protocols?
Among Stablecoin Issuer protocols tracked by DefiLlama, Paxos Stablecoin Issuer ranks #5 by TVL. The category holds $177.09m across 6 protocols, and Paxos Stablecoin Issuer accounts for 0% of that total. Similar protocols include M0, Circle USDC, Tether, MetaMask USD, and Ripple USD.