Frax USD
frxusd#247$0.999476
-0.02% (24h)
Price Chart
Market Cap
$132.42M
24h Volume
$5.02M
Circulating Supply
132.49M FRXUSD
Max Supply
∞ Unlimited
24h High
$1.00
24h Low
$0.999202
All Time High
$1.01
All Time Low
$0.97622
Fully Diluted Val.
$132.42M
From ATH
-0.7%
Price Change
24h-0.02%
7d-0.01%
30d-0.01%
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.
