Frax USD (frxUSD) is currently priced at $1.00 USD. The price has decreased 0.00% in the last 24 hours. It has a market capitalization of $121,287,128.41. Fully diluted valuation: $121,315,257.121. Circulating supply is 121,344,364.12 frxUSD. Total supply is 121,372,506.105 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 | $121.3M |
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| Fully Diluted | $121.3M |
|---|
| Market Cap | Fully Diluted |
|---|
| $121.3M | $121.3M |
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.
