Coinbase International will launch the first commodity-linked perpetual contract PAXG-PERP

Odaily News Coinbase International Exchange announced that it will launch $PAXG, its first commodity-linked perpetual contract, at 9:30AM UTC on May 1, 2025, providing traders with up to 20x leverage exposure to the gold price. PAXG-PERP tracks the price of one ounce of gold, combining the volatility of the crypto market with the stability of the gold market.