FRAX icon
FRAX

Frax Price (FRAX)

Frax (FRAX) is currently priced at $1.00 USD. The price has decreased 0.00% in the last 24 hours. It has a market capitalization of $132,556,648.215. Fully diluted valuation: $132,556,648.215. Circulating supply is 132,641,699.346 FRAX. Total supply is 132,641,699.346 FRAX.

$1.00

Stats

1 Day0%
1 Month+0%
3 Months0.01%
1 Year0%
Market Cap$132.6M
Fully Diluted$132.6M

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.