Pax Gold vs Mantle: Key Differences (PAXG vs MNT)
Complete side-by-side comparison of Pax Gold and Mantle. Price, market cap, technology, and more.
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What is Pax Gold?
Each PAXG token is backed by one fine troy ounce of London Good Delivery gold stored in Brink's vaults. Issued by Paxos Trust Company under NYDFS regulation. It gives you gold exposure without storage costs, with the ability to trade 24/7 and settle instantly on Ethereum. Real gold, digital convenience.
What is Mantle?
Mantle is an EVM-compatible Layer 2 backed by BitDAO's massive treasury. It focuses on modular architecture and developer experience. The token launched with aggressive ecosystem incentives to attract projects and liquidity. Success depends on building a competitive DeFi ecosystem.
Price Evolution
Percentage change from start of period
Detailed Comparison
| Metric | ||
|---|---|---|
| Price & Market | ||
| Price | $4,149.05 | $0.54 |
Price $4,149.05 $0.54 | ||
| Market Cap | $1.90B | $1.78B |
Market Cap $1.90B $1.78B | ||
| 24h Volume | $206.65M | $20.27M |
24h Volume $206.65M $20.27M | ||
| Volume/Cap Ratio | 10.90% | 1.14% |
Volume/Cap Ratio 10.90% 1.14% | ||
| Market Dominance | 0.00089976% | 0.00084598% |
Market Dominance 0.00089976% 0.00084598% | ||
| All-Time High | $5,619.09 | $2.86 |
All-Time High $5,619.09 $2.86 | ||
| ATH Date | Jan 29, 2026 | Oct 9, 2025 |
ATH Date Jan 29, 2026 Oct 9, 2025 | ||
| Performance | ||
| 24h Change | 0.90% | 1.11% |
24h Change 0.90% 1.11% | ||
| 7d Change | 7.15% | 3.86% |
7d Change 7.15% 3.86% | ||
| 30d Change | 11.05% | 18.74% |
30d Change 11.05% 18.74% | ||
| Supply | ||
| Circulating Supply | 456,894.511 | 3.30B |
Circulating Supply 456,894.511 3.30B | ||
| Total Supply | 456,894.511 | 6.22B |
Total Supply 456,894.511 6.22B | ||
| Max Supply | Unlimited | 6.22B |
Max Supply Unlimited 6.22B | ||
| Technology | ||
| Consensus | ERC-20 (Ethereum PoS) | Optimistic Rollup |
Consensus ERC-20 (Ethereum PoS) Optimistic Rollup | ||
| Block Time | N/A (Token) | 2 seconds |
Block Time N/A (Token) 2 seconds | ||
| TPS (Transactions/sec) | N/A | 500 |
TPS (Transactions/sec) N/A 500 | ||
| Launch Year | 2019 | 2023 |
Launch Year 2019 2023 | ||
| Transaction Fees | ||
| Average Fee | $0.50-$20 | $0.001-$0.10 |
Average Fee $0.50-$20 $0.001-$0.10 | ||
| Fee Model | Ethereum gas fees (ERC-20) | Mantle L2, low gas fees |
Fee Model Ethereum gas fees (ERC-20) Mantle L2, low gas fees | ||
| General | ||
| Primary Use Case | Tokenized gold, Store of value | Ethereum L2, DeFi, Gaming |
Primary Use Case Tokenized gold, Store of value Ethereum L2, DeFi, Gaming | ||
| Founder | Charles Cascarilla (Paxos) | BitDAO community |
Founder Charles Cascarilla (Paxos) BitDAO community | ||
| Website | paxos.com/paxgold | mantle.xyz |
Website | ||
| Volatility & Risk | ||
| Drawdown from ATH | 26.2% | 81.1% |
Drawdown from ATH 26.2% 81.1% | ||
- ✓Fully backed by physical gold in Brink's vaults
- ✓Regulated by NYDFS - institutional grade
- ✓Trade gold 24/7 with instant blockchain settlement
- ✓Backed by BitDAO's large treasury, ensuring strong financial support
- ✓EVM-compatible Layer 2, facilitating easy Ethereum integration
- ✓Aggressive ecosystem incentives to attract projects and liquidity
Pax Gold Risks
- ✗Counterparty risk - trust Paxos to hold gold
- ✗Fees for redemption of physical gold
Mantle Risks
- ✗Success depends heavily on building a competitive DeFi ecosystem
- ✗Uses optimistic rollup, which can have slower finality than alternatives
- ✗Launched recently in 2023, with limited long-term track record
The Verdict
Both Pax Gold and Mantle serve important roles in the crypto ecosystem. Pax Gold focuses on tokenized gold, store of value, while Mantle is known for ethereum l2, defi, gaming. Many investors choose to hold both as part of a diversified crypto portfolio.
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