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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Trading Insights
Searched
1
Market Stats
Market Cap
₹6.64B
-3.92%
FDV
₹6.64B
Circ. Supply
77M FRXUSD
Max Supply
Not enough data
Total Supply
77M FRXUSD
Diluted Valuation
₹5.37B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹19.67M
-21.66%
Volume (7D)
₹145.04M
Volume (30D)
₹604.55M
All time high
₹87.01
Price Change (1Y)
0.43%
Additional details
Recent trends
The latest FRXUSD price is ₹86.54. Compared to Frax USD's value of ₹86.36 from 24 hours ago, there's been a -0% decrease, while the current price is 0% up from ₹85.44 which was recorded one week ago. Frax USD's all time high is ₹87.01, which was reached on May 30, 2025. This is a -1% change from its price today.
The market cap is currently ₹6.64B, which is a result of multiplying the current price of Frax USD(₹86.54) by the total supply(76,678,089 FRXUSD). The fully diluted valuation of Frax USD is ₹6.64B. The diluted valuation of Frax USD is ₹6.64B.
Market details
FRXUSD vs markets
↘ 27.19%
FRXUSD vs BTC
↘ 37.85%
FRXUSD vs ETH
↗ 41.41%
Tags
stablecoin
usd-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xCAcd6fd266aF91b8AeD52aCCc382b4e165586E29 | |
Polygon | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Base | 0x80Eede496655FB9047dd39d9f418d5483ED600df | |
Metis | 0x80eede496655fb9047dd39d9f418d5483ed600df |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹86.54 | ↘ 0.02% |
1 Day | ₹86.36 | ↘ 0.02% |
1 Week | ₹85.44 | ↗ 0.02% |
1 Month | ₹86.60 | ↘ 0.02% |
1 Year | ₹86.27 | ↗ 0.43% |
FAQ
We update our Frax USD to INR currency in real-time. Get the live price of Frax USD on Coinbase.
The current market cap of Frax USD is ₹6.64B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Frax USD is ₹87.01. 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 ₹19.67M.
Assets that have a similar market cap to Frax USD include Spell Token, Dymension, Degen, 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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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.
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