The PAXG gold token has secured the eighth position in 24-hour trading volume on the Hyperliquid platform, reaching $22.72 million. This performance surpasses notable cryptocurrencies such as LIT, BNB, and AAVE. The contract's open interest stands at $86,858,930, with a current funding rate of -0.0032%. Negative funding rates, like the current one, indicate a bearish market sentiment where short positions pay fees to long positions.