Tokenized funds · Ethereum mainnet

PAXG mint & burn alerts: when Paxos mints or burns tokenized gold

PAXG is Paxos's gold token: each one stands for gold in a London vault. When gold comes in, Paxos mints PAXG; when it is redeemed, Paxos burns it. Open the ready-made rule and get an alert within seconds of confirmation.

Free on the Beta plan · within seconds of confirmation

Examples

What a PAXG alert looks like

Each alert is one event from the token contract, with the amount and the transaction. The amounts are examples; no USD values.

MintExample

1,200 PAXG

0x7099…79C8

1,200 PAXG minted to 0x7099…79C8

Ethereum · PAXGTransfer
BurnExample

800 PAXG

0x3C44…93BC

800 PAXG burned from 0x3C44…93BC

Ethereum · PAXGTransfer
TransferExample

500 PAXG

0x90F7…b906

500 PAXG sent to 0x90F7…b906

Ethereum · PAXGTransfer

Example alerts. Set up the rule and the real ones reach your chat within seconds of confirmation.

What changes on-chain

What the rules listen for

The contract from the issuer's own docs, and the events the ready-made rules catch. Ordinary transfers never reach you.

  • Paxos mints PAXGTransfer from 0x0

    New PAXG for gold coming into the reserve. The contract logs SupplyIncreased and a Transfer from the zero address.

  • Paxos burns PAXGTransfer to 0x0

    PAXG burned when gold leaves the reserve. The contract logs SupplyDecreased and a Transfer to the zero address.

  • Large PAXG transferTransfer ≥ 250

    Any PAXG transfer of 250 or more, wherever it goes.

From the issuer

What the issuer says

Why set it up

Why people watch it

Gold coming in
A mint is new PAXG issued against gold added to the reserve.
Gold going out
A burn is PAXG redeemed, for gold or for cash.
Large moves, 250 PAXG and up
The second rule flags the big transfers, wherever they go.
Explained

When does Paxos mint or burn PAXG?

Paxos mints PAXG when a customer buys it from Paxos or converts gold into it, and burns it when a customer redeems it. Only one address, the supply controller, can do either, and the contract logs each one as an event anyone can read.

So a mint alert is gold entering the token, and a burn alert is gold leaving it, within seconds of confirmation.

Explained

How the rule reads PAXG

Every PAXG mint logs SupplyIncreased and a Transfer from the zero address; every burn logs SupplyDecreased and a Transfer to it. The ready-made rule listens for the two Transfers, so ordinary transfers never reach you. Amounts are in PAXG, with the token's 18 decimals applied.

Ready-made rules

Set it up in one click

Open a rule: the contract, the events and the conditions are filled in. Change the minimum if you like, click Create, and the alerts reach your chat.

Ready-made rules

Every rule for this contract

Each one opens the add form on this contract with the events and conditions filled in. Sign in, pick your chat and click Create.

Pick one event

One event, nothing else

The form opens on this contract with that one event picked. Add a condition on its arguments if you like.

Pick one method

Calls to one method

An alert each time someone calls this method on the contract, with its arguments.

How it works

How the alert works

  1. 01

    Open a ready-made rule: the contract, the events and the conditions are filled in.

  2. 02

    Sign in, pick the chat the alerts go to and click Create.

  3. 03

    Within seconds of confirmation, each matching event reaches you, with a link to the transaction.

FAQ

Frequently asked questions

Where does the data come from?

Every alert comes from the token contract's own event on Ethereum mainnet, read within seconds of confirmation, with a link to the transaction on Etherscan.

Can I get alerts only for large mints?

Yes. Open the mint & burn rule and add a condition on the amount, for example 1,000 PAXG.

Can I set this alert for free?

Yes. The free Beta plan covers one contract and needs no card, so any one of these rules fits in it.

Do the alerts show the gold price or a USD value?

No. Amounts are in token units, as the contract records them. Alerts carry no USD value and no price.

Is Alerts on Chain affiliated with Paxos?

No. Alerts on Chain is not affiliated with Paxos. The rules read public on-chain data from the contract Paxos publishes.

Does it cover other chains?

Ethereum mainnet only. Some of these tokens also live on other chains, each with its own contract; the rules here cover the Ethereum contract.

Keep exploring

Related pages

Your own alerts, on any contract

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