Convert Frax USD FRXUSD to Singapore Dollar SGD
FRXUSD to SGD: 1 Frax USD converts to S$1.30 SGD as of November 12 at 7:28 AM
About Frax USD
Frax USD is falling this week. The current price of Frax USD is S$1.30 per FRXUSD. With a circulating supply of 110,328,526.251 FRXUSD, it means that Frax USD has a total market cap of S$143,585,401.80. The amount of Frax USD traded has fallen by S$-486.39 in the last 24 hours, which is a 98.87% decrease. Additionally, in the last day, S$491.95 worth of FRXUSD has been traded.
The exchange rate of Frax USD is decreasing. The current value of 1 FRXUSD is S$1.30 SGD. In other words, to buy 5 Frax USD, it would cost you S$6.51 SGD. Inversely, S$1.00 SGD would allow you to trade for 0.77 FRXUSD while S$50.00 SGD would convert to 38.40 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.09%. Meanwhile, in the last 24 hours, the rate has changed by 0.14%, and that the highest exchange rate of 1 FRXUSD to SGD was S$1.30 SGD and the lowest 24 hour value was 1 FRXUSD for S$1.30 SGD. Last month, 1 FRXUSD was worth S$1.29 SGD. Today, it's up 0.19%. Looking back a year, Frax USD has changed by S$0.00 SGD. That means that in a single year, the value of Frax USD has grown by 0.11%.
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.