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

Odaily Planet Daily News: Coinbase International Exchange announced that it will launch PAXG on May 1, 2025 at 9:30AM UTC. This is its first commodity linked perpetual contract, providing traders with gold price exposure with up to 20 times leverage. PAXG-PERP tracks the price of one ounce of gold, taking into account the volatility of the cryptocurrency market and the stability of the gold market.