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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 $109,561,985.724. Fully diluted valuation: $109,586,751.041. Circulating supply is 109,630,494.598 FRAX. Total supply is 109,655,275.401 FRAX.

$1.00

Stats

1 Day0%
1 Month0%
3 Months0%
1 Year0%
Market Cap$109.6M
Fully Diluted$109.6M

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.