Frax (FRAX) is currently priced at $1.00 USD. The price has decreased 0.01% in the last 24 hours. It has a market capitalization of $138,028,624.035. Fully diluted valuation: $138,106,174.149. Circulating supply is 138,076,076.419 FRAX. Total supply is 138,153,653.194 FRAX.
Stats
| 1 Day | −0.01% |
|---|
| 1 Month | −0.01% |
|---|
| 3 Months | +0.01% |
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| 1 Year | +0.01% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| −0.01% | −0.01% | +0.01% | +0.01% |
| Market Cap | $138M |
|---|
| Fully Diluted | $138.1M |
|---|
| Market Cap | Fully Diluted |
|---|
| $138M | $138.1M |
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.
