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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 $108,937,494.742. Fully diluted valuation: $109,046,143.672. Circulating supply is 109,038,534.515 FRAX. Total supply is 109,147,284.217 FRAX.

$1.00

Stats

1 Day0%
1 Month0%
3 Months+0%
1 Year0%
Market Cap$108.9M
Fully Diluted$109M

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.