Frax (FRAX) is currently priced at $1.00 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $121,618,971.257. Fully diluted valuation: $122,102,634.458. Circulating supply is 121,628,142.676 FRAX. Total supply is 122,111,842.35 FRAX.
Stats
| 1 Day | +0% |
|---|
| 1 Month | −0.01% |
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| 3 Months | −0% |
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| 1 Year | −0.02% |
|---|
| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0% | −0.01% | −0% | −0.02% |
| Market Cap | $121.6M |
|---|
| Fully Diluted | $122.1M |
|---|
| Market Cap | Fully Diluted |
|---|
| $121.6M | $122.1M |
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.
