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FRAX

Frax Price (FRAX)

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 $138,564,435.722. Fully diluted valuation: $138,564,435.722. Circulating supply is 138,614,062.966 FRAX. Total supply is 138,614,062.966 FRAX.

$1.00

Stats

1 Day+0%
1 Month+0%
3 Months+0%
1 Year+0%
Market Cap$138.6M
Fully Diluted$138.6M

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.