FRXUSD

Frax USD

Price: $1.00
24h: +0.0%
7d: +0.0%
Market cap: $98.1M
24h volume: $5.1M

ethereum 0xcacd6fd266af91b8aed52accc382b4e165586e29

Frax USD (FRXUSD) is a stablecoin on Ethereum. 98.1M are in circulation, with no maximum. It ranks 280th by market capitalisation among the coins tracked here. The project publishes its website, source, explorer and X.

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.

Frax USD's own description, via CoinGecko. We did not write it and we are not endorsing it.

Circulating: 98.1M
Total supply: 98.1M
Max supply: No cap

Supply as of 2h ago

Official links

We have not checked these links yet.