Paxos experienced a major incident on October 17, 2025 affecting PAXG and PAXG Trading, lasting 56m. The incident has been resolved; the full update timeline is below.
Affected components
PAXGPAXG Trading
Update timeline
- investigating Oct 17, 2025, 05:29 PM UTC
We are currently experiencing an incident affecting PAXG quotes. As a result, Buy/Sell quoting is unavailable in the Wallet UI and Dashboard. Our Engineering team is actively investigating and working to resolve the issue.
- monitoring Oct 17, 2025, 06:11 PM UTC
A fix has been implemented and we are monitoring the results.
- resolved Oct 17, 2025, 06:26 PM UTC
This incident has been resolved.