Frax USD (FRXUSD)$1.00
0.02% (24H)
Low $1.00
High $1.00
- Market Cap $133.30 M
- Volume $1.47 M
- Available Supply 133.34 M FRXUSD
- ATH $1.01
- ATH(% Change) -0.69%
- ATH Date 2025-05-30
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Frax USD current price is $1.00 with a marketcap of $133.30 M. Its price is 0.02% up 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.
