Frax USD frxUSD
Ethereum · Decentralized Finance · Ethereum Ecosystem · Stablecoins · USD Stablecoin
frxUSD is a USD-pegged stablecoin issued by Frax Finance. It is used for payments, DeFi collateral, and cross-chain transactions across multiple blockchains. The stablecoin uses a hybrid model with governance-approved enshrined custodians who mint and redeem frxUSD by holding tokenized treasury reserves, allowing real-world entities to custody backing assets while maintaining onchain mechanisms.
0x853d955acef822db058eb8505911ed77f175b99eRead price, trading volume and pools separately
24h change -0.03% · 24h volume $729.08K · Total token liquidity $3.75M
The chart above shows the selected pool; switching pools does not change token-level aggregate metrics.
Trading activity
Token aggregate · selected window · 24h · Amounts in USD
| Selected window | Buy | Sell |
|---|---|---|
| Trade count | 805 | 763 |
| Unique address count | 245 | 268 |
The difference is buy volume minus sell volume, not net capital inflow. Addresses are deduplicated within each side; one address may appear on both.