Paxos Labs

Parameter	Description
Yield IDs	`ethereum-fdfpyusdt-paxos-vault`, `ethereum-fdfusdgt-paxos-vault`
Network	Ethereum
Deposit tokens	PYUSD, USDC, USDG (selected per action via `inputToken`)
Receipt tokens	`fdfPYUSDt`, `fdfUSDGt`
Additional Rewards	None. Yield accrues in the receipt token's exchange rate.
KYC	Permissionless (`kycRequired: false`)
Withdrawal	Queued; typically fulfilled within 24 hours (`cooldownPeriod: 1 day`)
Minimum withdrawal	5 units of the selected stablecoin

About

Paxos Labs Treasury vaults provide yield-bearing positions denominated in PYUSD or USDG. Users can deposit any supported stablecoin (PYUSD, USDC, or USDG) and receive shares in the selected Treasury vault. Yield accrues automatically in the value of the receipt token — there are no separate reward tokens, no claim transactions, and no compounding actions.

Product documentation: Paxos Labs Earn overview.

Considerations

Enter / exit flow

Action	On-chain call	Transaction type	Settlement
Enter	`deposit(...)` on the vault depositor	`STAKE`	Atomic — receipt tokens minted immediately
Exit	`submitOrder(...)` on the withdrawal queue	`UNSTAKE`	Async — typically fulfilled within 24 hours

Entry and exit are each preceded by an APPROVAL transaction when the current allowance is insufficient (the chosen stablecoin for entry, the receipt token for exit).

Deposit asset is selected with inputToken. Withdrawal asset is selected with outputToken. Both default to the vault's base token (PYUSD or USDG) when omitted.

Async redemption without a claim step

Exit queues a withdrawal order that Paxos Labs typically fulfills within 24 hours. While pending, the amount surfaces as unstaking on the balance; the selected stablecoin is sent directly to the user's wallet when the order is fulfilled. There is no user-signed claim transaction.

The minimum withdrawal order is 5 units of the selected stablecoin. Attempts below that threshold are rejected before a transaction is broadcast.

Permissionless

kycRequired is false: there is no onboarding flow, and GET /v1/yields/:id/kyc/status returns not_required. Any eligible wallet can deposit, hold, and withdraw with no verification step.

List of Integration IDs

Ethereum

Yield ID	Yield	Base token	Receipt token
`ethereum-fdfpyusdt-paxos-vault`	Paxos Labs PYUSD Treasury	PYUSD	`fdfPYUSDt`
`ethereum-fdfusdgt-paxos-vault`	Paxos Labs USDG Treasury	USDG	`fdfUSDGt`