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Frax USD (FRXUSD) Live Price & Market Cap

Rank #243

$1.00

+0.02% (24h)

7-day price trend

1H+0.00%
24H+0.02%
7D+0.01%
30D-0.00%
1Y+0.01%

Market stats

Market cap$111.74M
24h volume$1.49M
24h high$1.00
24h low$0.999088
All-time high$1.09
All-time low$0.97622

Supply

Circulating111,732,928.03
Total111,734,204.09
Max
Official website

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.

Frequently asked questions

Informational data only. Not financial advice. Market data may be delayed or inaccurate.