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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Market Stats
Market Cap
CA$104.16M
0.02%
FDV
CA$104.16M
Circ. Supply
77M FRXUSD
Max Supply
Not enough data
Total Supply
77M FRXUSD
Diluted Valuation
CA$86.43M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
CA$92.93K
-89.17%
Volume (7D)
CA$594.97K
Volume (30D)
CA$2.52M
All time high
CA$1.37
Price Change (1Y)
0.44%
Additional info about Frax USD
Recent trends
The latest FRXUSD price is CA$1.36. Compared to Frax USD's value of CA$1.36 from 24 hours ago, there's been a 0% increase, while the current price is -0% down from CA$1.37 which was recorded one week ago. Frax USD's all time high is CA$1.37, which was reached on May 30, 2025. This is a -1% change from its price today.
The market cap is currently CA$104.16M, which is a result of multiplying the current price of Frax USD(CA$1.36) by the total supply(76,678,089 FRXUSD). The fully diluted valuation of Frax USD is CA$104.16M. The diluted valuation of Frax USD is CA$104.16M.
Market details
FRXUSD vs markets
↘ 27.89%
FRXUSD vs BTC
↘ 36.54%
FRXUSD vs ETH
↗ 43.45%
Tags
stablecoin
usd-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xCAcd6fd266aF91b8AeD52aCCc382b4e165586E29 | |
Polygon | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Base | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Metis | 0x80eede496655fb9047dd39d9f418d5483ed600df |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$1.36 | 0.00% |
1 Day | CA$1.36 | 0.00% |
1 Week | CA$1.37 | ↘ 0.01% |
1 Month | CA$1.40 | 0.00% |
1 Year | CA$1.41 | ↗ 0.44% |
FAQ
We update our Frax USD to CAD currency in real-time. Get the live price of Frax USD on Coinbase.
The current market cap of Frax USD is CA$104.16M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Frax USD is CA$1.37. This all-time high is highest price paid for Frax USD since it was launched.
Over the last 24 hours, the trading volume of Frax USD is CA$92.93K.
Assets that have a similar market cap to Frax USD include Lisk, Pundi X (New), Acet, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Frax USD is 77 million.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.