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 $133,781,281.192. Fully diluted valuation: $133,781,535.673. Circulating supply is 133,822,254.462 frxUSD. Total supply is 133,822,509.021 frxUSD.
Stats
| 1 Day | +0% |
|---|
| 1 Month | −0% |
|---|
| 3 Months | +0% |
|---|
| 1 Year | −0% |
|---|
| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0% | −0% | +0% | −0% |
| Market Cap | $133.8M |
|---|
| Fully Diluted | $133.8M |
|---|
| Market Cap | Fully Diluted |
|---|
| $133.8M | $133.8M |
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.
