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Frax USD frxUSD

1 · Ethereum Ecosystem · Fiat-backed Stablecoin · Stablecoins · USD Stablecoin

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.

Current main pool age97 daysPool creation time 2026-06-04 22:25:26 UTC
Current price$0.99990932-1.85% · 24h
Circulating market cap$109.54M
Fully diluted valuation$98.52M
Total token liquidity$15M
24h volume$3.69M
Holder address count1,898Address count, not unique users
1h change-0.00275991%
4h change-1.45%
24h change-1.85%

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