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 $114,031,278.014. Fully diluted valuation: $114,098,366.748. Circulating supply is 114,057,451.872 frxUSD. Total supply is 114,124,556.005 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 | $114M |
|---|
| Fully Diluted | $114.1M |
|---|
| Market Cap | Fully Diluted |
|---|
| $114M | $114.1M |
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.
