# Frax USD (frxUSD)

> 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.

## Price Data

- **Current Price**: $1.00
- **Market Cap**: $138.56M
- **Fully Diluted Valuation**: $138.56M
- **Circulating Supply**: 138.61M frxUSD
- **Total Supply**: 138.61M frxUSD

## Price Changes

- **24h**: -0.00%
- **30d**: -0.00%
- **90d**: +0.00%
- **365d**: +0.00%

## Chain Availability

Available on: abstract, arbitrum, aurora, avalanche, base, berachain, binance-smart-chain, blast, ethereum, fraxtal, ink, katana, linea, mode, okbchain, optimism, polygon, polygon-zkevm, scroll, sei, sonic, tempo, unichain, zksync-era

## Resources

- [Website](https://frax.com)
- [Discord](https://discord.com/invite/fraxfinance)
- [Coingecko](https://www.coingecko.com/en/coins/frax-usd)
- [Dex.guru](https://dex.guru/token/optimism/0x80eede496655fb9047dd39d9f418d5483ed600df)
- [Dex.guru](https://dex.guru/token/arbitrum/0x80eede496655fb9047dd39d9f418d5483ed600df)
- [Dex.guru](https://dex.guru/token/avalanche/0x80eede496655fb9047dd39d9f418d5483ed600df)
- [Dex.guru](https://dex.guru/token/eth/0xcacd6fd266af91b8aed52accc382b4e165586e29)
- [Dex.guru](https://dex.guru/token/polygon/0x80eede496655fb9047dd39d9f418d5483ed600df)

## Links

- [View on Zerion](https://app.zerion.io/tokens/frxUSD-4386edc8-e483-42d8-a7d2-b6eaf369be03)
- [Trade on Zerion](https://app.zerion.io/tokens/frxUSD-4386edc8-e483-42d8-a7d2-b6eaf369be03)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset