Frax USD (frxUSD) is currently priced at $1.00 USD. The price has decreased 0.00% in the last 24 hours. It has a market capitalization of $128,753,647.193. Fully diluted valuation: $128,753,647.193. Circulating supply is 128,817,045.275 frxUSD. Total supply is 128,817,045.275 frxUSD.
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 | $128.8M |
|---|
| Fully Diluted | $128.8M |
|---|
| Market Cap | Fully Diluted |
|---|
| $128.8M | $128.8M |
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.
