According to Coinbase International Exchange, PAXG-PERP will be launched on May 1, 2025, offering traders the ability to gain price exposure to gold with up to 20x leverage. This product tracks the price of one fine troy ounce of gold, allowing traders to benefit from the speed of cryptocurrency markets while leveraging the stability inherent in gold trading. This innovative futures contract is designed for those looking to hedge against volatility or take advantage of gold price movements in a highly leveraged manner.