• Coins 17 132
  • Exchanges 1 295
  • Market Capitalization $2 742 791 498 842
  • 24h Trading Volume $127 734 325 343
  • Dominance BTC 59.69% ETH 7.94%

Frax USD (frxusd) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
468
FRXUSD
Frax USD logo Frax USD FRXUSD
$ 1.00 + 0.01% 80 539 383 80 539 383 AI Insight

Frax USD (frxusd)

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.