Frax USD (frxUSD) is currently priced at $1.00 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $116,322,082.256. Fully diluted valuation: $116,322,112.213. Circulating supply is 116,358,590.951 frxUSD. Total supply is 116,358,620.917 frxUSD.
Stats
| 1 Day | +0% |
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| 1 Month | −0% |
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| 3 Months | −0% |
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| 1 Year | −0.01% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0% | −0% | −0% | −0.01% |
| Market Cap | $116.3M |
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| Fully Diluted | $116.3M |
|---|
| Market Cap | Fully Diluted |
|---|
| $116.3M | $116.3M |
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.
