Frax (FRAX) is currently priced at $1.00 USD. The price has increased 0.02% in the last 24 hours. It has a market capitalization of $106,877,145.612. Fully diluted valuation: $106,985,407.8. Circulating supply is 106,842,756.594 FRAX. Total supply is 106,950,983.946 FRAX.
$1.00
- 1D
- +0.02%
- 1M
- +0.04%
- 3M
- −0.06%
- 1Y
- −0.25%
Market Cap$106.9M
Fully Diluted$107M
About Frax
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.