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 $108,591,889.576. Fully diluted valuation: $108,701,046.236. Circulating supply is 108,645,457.218 frxUSD. Total supply is 108,754,667.725 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% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
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| +0% | −0% | +0% | +0% |
| Market Cap | $108.6M |
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| Fully Diluted | $108.7M |
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| Market Cap | Fully Diluted |
|---|
| $108.6M | $108.7M |
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.
