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.
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Searched
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Market Stats
Market Cap
CA$105.84M
-1.34%
FDV
CA$105.84M
Circ. Supply
77M FRXUSD
Max Supply
Not enough data
Total Supply
77M FRXUSD
Diluted Valuation
CA$87.72M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
CA$340.67K
-37.21%
Volume (7D)
CA$2.57M
Volume (30D)
CA$10.27M
All time high
CA$1.39
Price Change (1Y)
0.34%
Additional details
Market details
FRXUSD vs markets
↘ 43.39%
FRXUSD vs BTC
↘ 43.29%
FRXUSD vs ETH
↘ 38.22%
Tags
stablecoin
usd-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0xCAcd6fd266aF91b8AeD52aCCc382b4e165586E29 | |
Polygon | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Base | 0x80Eede496655FB9047dd39d9f418d5483ED600df |