NYDFS-regulated stablecoin backed 1:1 by US dollar reserves. Market cap has declined as Paxos shifted focus to PYUSD issuance for PayPal.
Current APY
3.50%
Total Value Locked
$41.00M
Price
$1
Holders
8.5K
Market Cap
$41.00M
Yield History
Yield vs Peers
Rank #13 of 14 in StablecoinsYield Calculator
| Period | USDP(3.50%) | Bank Savings(4.5%) | Advantage |
|---|---|---|---|
| 30 Days | +$28.77 | +$36.99 | -$8.22 |
| 90 Days | +$86.3 | +$110.96 | -$24.66 |
| 6 Months | +$174.52 | +$224.38 | -$49.86 |
| 1 Year | +$350 | +$450 | -$100 |
Projected returns based on current APY. Actual returns may vary. Not financial advice.
Risk Scanner
4/7 checks passedAudited by null
Institutional-grade custody and management
No KYC — may face future regulatory scrutiny
Low liquidity — higher slippage risk
Single chain — no chain fallback
No lock period — redeem anytime
Very stable — within 5% of 30d average
Protocol Health
Contract Status
Data Feed
Audit Status
Oracle Health
Holder Activity
Reserve Transparency
Entry & Exit Costs
Break-even Insight
On ethereum, a $1,000 investment at 3.50% APY recovers gas costs (entry + exit) in 73 days.
Key Facts
- Name
- Pax Dollar
- Ticker
- USDP
- Category
- Stablecoins
- Platform
- Paxos
- Inception
- Sep 1, 2018
- Management Fees
- 0%
Investment Details
- Min. Investment
- None
- Lock Period
- None
- KYC Required
- No
- Accredited Only
- No
- Eligible Investors
- All Investors
- Available Chains
- ethereum
Market Data
- TVL
- $41.00M
- Price
- $1
- Market Cap
- $41.00M
- Holders
- 8,500
- 7D APY
- 3.48%
- 30D APY
- 3.52%
- Risk Level
- low risk
- Audit Status
- audited
Chain Distribution
| Network | TVL | Share | Contract |
|---|---|---|---|
ethereum | $41.00M | 100.0% | — |
Similar Stablecoins Assets
Frequently Asked Questions
What is Pax Dollar?
NYDFS-regulated stablecoin backed 1:1 by US dollar reserves. Market cap has declined as Paxos shifted focus to PYUSD issuance for PayPal.
What is the current yield on USDP?
USDP currently offers 3.50% APY. The 7-day average is 3.48% and 30-day average is 3.52%.
Is USDP safe?
USDP has a low risk rating and a tokenomics score of B. It is audited by null. Always do your own research before investing.
How do I buy USDP?
USDP is available on ethereum. No KYC is required. No minimum investment.
What chains is USDP available on?
USDP is deployed on Ethereum. Each chain may have different liquidity levels and gas costs.
Last updated: Mar 28, 2026, 9:29 AM