| Rango | Nombre | Premios | Evolución (24h) | Suministro total | En circulación | |
|---|---|---|---|---|---|---|
| 246 |
FRXUSD
Frax USD
FRXUSD
| $ 1.00 | -0.03% | 109 370 742 | 109 370 742 | X-Ray |
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.