Frax USD (frxUSD) is currently priced at $1.00 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $138,167,622.087. Fully diluted valuation: $138,117,952.301. Circulating supply is 138,177,123.408 frxUSD. Total supply is 138,127,450.207 frxUSD.
Stats
| 1 Day | +0.01% |
|---|
| 1 Month | −0% |
|---|
| 3 Months | −0.02% |
|---|
| 1 Year | +0% |
|---|
| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0.01% | −0% | −0.02% | +0% |
| Market Cap | $138.2M |
|---|
| Fully Diluted | $138.1M |
|---|
| Market Cap | Fully Diluted |
|---|
| $138.2M | $138.1M |
About Frax USD
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.
