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Borrow against your PAX Gold without selling it

Access liquidity while keeping your PAXG position.

Open a credit line

0% APR at low LTV

0% APR when your Loan-to-Value (LTV) ratio stays below 20%. T&C apply.

PAX Gold as collateral

Use PAX Gold as collateral at up to 80% LTV.

How it works

  1. 1. Deposit collateral

    Move PAX Gold into your credit line as collateral.

  2. 2. Draw only what you need

    Interest only accrues on the funds you actually draw. An open but unused line costs 0%. T&C apply.

  3. 3. Rate follows your risk

    Your borrowing rate is floating and tied to your LTV — lower risk means a lower rate.

  4. 4. Repay on your terms

    No credit checks, no fixed monthly payments. Repay any amount, anytime. T&C apply.

Estimated Total Credit Line
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Collateral Value
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To open a Credit Line, choose which Assets you'd like to use as Collateral.
Stay ahead of margin calls
Smart alerts notify you if your LTV nears critical levels, giving you time to top up collateral.

Security and compliance

Your assets are protected by Fireblocks institutional-grade MPC custody.

Clapp is a technology platform that delivers its crypto-related services through licensed entities, and compliance obligations such as AML/CFT are handled by the relevant entities depending on jurisdiction.

Frequently asked questions

Is borrowing against my PAX Gold a taxable event?+

Borrowing against your assets is generally not a taxable event, meaning you can access liquidity without triggering capital gains. Consult a tax professional in your jurisdiction.

What does an open but unused credit line cost?+

Interest only accrues on the funds you actually draw. An open but unused line costs 0%. T&C apply.

How is my borrowing rate determined?+

Your borrowing rate is floating and tied to your LTV — lower risk means a lower rate.

What happens if my LTV gets too high?+

Smart alerts notify you if your LTV nears critical levels, giving you time to top up collateral.

Who provides Clapp's services?+

We operate through a broad group structure that includes an EU entity pursuing MiCA authorisation, alongside other licensed and operational entities in the jurisdictions where we provide services. The relevant services continue to be delivered through the applicable entities and regulatory frameworks.

What is PAX Gold (PAXG)?

PAX Gold (PAXG) is a digital asset backed by physical gold, developed to bridge the gap between traditional gold investment and blockchain technology.

Each PAXG token represents one fine troy ounce of a London Good Delivery gold bar, securely stored in Brink's vaults. PAXG enables investors to own gold without the storage and transportation concerns associated with physical bullion.

PAXG is built on the Ethereum blockchain, allowing easy and cost-effective transactions. The token aligns with the value of physical gold, providing stability and protection against market volatility.

By tokenizing gold, PAX Gold allows for divisible ownership and is accessible to a global audience, making it an innovative asset in the digital finance ecosystem.

Crypto-assets are high risk and highly volatile; you can lose all invested funds. Crypto-assets are not legal tender and are not covered by deposit guarantee or investor compensation schemes.