Frax (FRAX) is currently priced at $1.00 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $110,050,585.51. Fully diluted valuation: $110,050,591.83. Circulating supply is 110,046,412.109 FRAX. Total supply is 110,046,418.429 FRAX.
Stats
| 1 Day | +0% |
|---|
| 1 Month | −0% |
|---|
| 3 Months | +0% |
|---|
| 1 Year | +0% |
|---|
| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0% | −0% | +0% | +0% |
| Market Cap | $110.1M |
|---|
| Fully Diluted | $110.1M |
|---|
| Market Cap | Fully Diluted |
|---|
| $110.1M | $110.1M |
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.
