Zahab

How it works & security

Zahab never touches your gold. Here's exactly how it's stored, who holds it, and what backs every gram — with sources you can check yourself.

Zahab never holds your gold or your keys

Every purchase swaps directly between your own wallet and Jupiter's DEX aggregator on Solana — the gold token lands in your wallet, not ours. Zahab takes a disclosed 0.5% fee automatically in the same transaction; nothing is hidden in the rate.
View Zahab's fee wallet on Solscan

Who actually holds the gold

The gold behind PAXG, the token Zahab swaps you into, is held by Paxos Trust Company, NA — a US trust company regulated by the Office of the Comptroller of the Currency. Zahab is not a custodian and never touches the underlying gold.
View Paxos: PAX Gold

Where it's stored

The gold is held in LBMA-accredited vaults in London, segregated on Paxos's books for the exclusive benefit of PAXG holders — it isn't commingled with Paxos's own assets. Paxos states its vault provider insures the gold against loss, both in the vault and in transit.
View Paxos: PAX Gold

What backs each gram

Each PAXG token is backed 1:1 by one fine troy ounce of London Good Delivery gold — the grams shown throughout Zahab are simply your PAXG balance × 31.1035. Reserves are attested every month by KPMG LLP, an independent accounting firm, under AICPA attestation standards.
View PAXG transparency reports

Is the token itself the real one

Zahab only ever swaps into one Solana token address: 5GgRAEmv8ZxF2PR5hY72Qs5x1bnQ6UK2RbTPoqJ3wSwW — the same mint Jupiter lists as "Verified." You can check this address against what shows up in your own wallet after a purchase.
View PAXG mint on Solscan

Can I redeem for physical gold

PAXG is always redeemable 1:1 from Paxos directly for physical gold — but a real bar redemption needs about 430 PAXG (roughly one London Good Delivery bar, since bars can't be split), a $15,000 flat redemption fee, and 10–30 business days, with delivery to the UK only. Zahab has no role in that process. For everyday holdings, the practical way to exit is selling your PAXG back to stablecoin instantly at spot price — the same Sell flow already in Zahab.
View PAXG terms and conditions