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Frax USD
frxusd
#457
$1.00
0.06% (1d)Market Cap
$108.5M
BTC Price
$0
FDV
$108.6M
Vol24h
$31.2M
Circulating Supply
108.6M frxusd
Total Supply
-
Info
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Website
Website Whitepaper -
Community
-
Algorithm
-
Proof Type
-
Block Reward
0
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All Time High
$1.01
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ATL Date
05/30/2025
The current price of Frax USD is $1.00 in USD. As of now, a total of 108.6M frxusd are in circulation across the market. Frax USD has experienced a price change of 0.06% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Frax USD trading volume on crypto exchanges has reached $31.2M.
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Description
Frax USD (frxUSD) is Frax Finance’s fully-collateralised USD stablecoin. A governance-controlled hybrid model uses on-chain custodian contracts to mint/redeem against cash-equivalent reserves, with multiple custodians and tokenised RWA instruments supported. A yield-bearing vault (sfrxUSD) routes funds across approved strategies. The protocol supplies a 1:1 upgrade path from legacy stablecoin contracts, while the governance token was separately renamed to FRAX and now serves as Fraxtal’s gas/commodity asset.
frxusd Markets
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frxusd News
At this time, there are no updates to share. We will keep you informed as soon as there is any news