Frax USD
frxusd#242$0.99917
-0.05% (24h)
Price Chart
Market Cap
$112.65M
24h Volume
$2.5M
Circulating Supply
112.74M FRXUSD
Max Supply
∞ Unlimited
24h High
$1.00
24h Low
$0.998972
All Time High
$1.01
All Time Low
$0.97622
Fully Diluted Val.
$112.76M
From ATH
-0.7%
Price Change
24h-0.05%
7d-0.04%
30d-0.06%
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.
