Convert Frax USD FRXUSD to British Pound GBP
FRXUSD to GBP: 1 Frax USD converts to £0.76 GBP as of November 12 at 1:54 PM
About Frax USD
Frax USD is climbing this week. The current price of Frax USD is £0.76 per FRXUSD. With a circulating supply of 110,897,139.789 FRXUSD, it means that Frax USD has a total market cap of £84,378,550.46. The amount of Frax USD traded has fallen by -£5,250.55 in the last 24 hours, which is a 36.02% decrease. Additionally, in the last day, £14,578.09 worth of FRXUSD has been traded.
The exchange rate of Frax USD is increasing. The current value of 1 FRXUSD is £0.76 GBP. In other words, to buy 5 Frax USD, it would cost you £3.81 GBP. Inversely, £1.00 GBP would allow you to trade for 1.31 FRXUSD while £50.00 GBP would convert to 65.62 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.11%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 FRXUSD to GBP was £0.76 GBP and the lowest 24 hour value was 1 FRXUSD for £0.76 GBP. Last month, 1 FRXUSD was worth £0.75 GBP. Today, it's up 0.11%. Looking back a year, Frax USD has changed by £0.00 GBP. That means that in a single year, the value of Frax USD has grown by 0.03%.
Frax USD Market Stats
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.