Frax USD (FRXUSD)$1.00
-0.01% (24H)
Low $1.00
High $1.00
- Market Cap $103.72 M
- Volume $5.34 M
- Available Supply 103.73 M FRXUSD
- ATH $1.09
- ATH(% Change) -8.08%
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| Date | Price | Volume | MarketCap |
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Frax USD current price is $1.00 with a marketcap of $103.72 M. Its price is -0.01% down in last 24 hours.
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.
