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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.

Full contract · 10xcacd6fd266af91b8aed52accc382b4e165586e29
Website ↗https://frax.com/X ↗https://twitter.com/fraxfinance
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
Supply structure · Current snapshot

109.55M frxUSD

Current global circulating supply

Current total supply 98.53M frxUSD

The supply fields have different or unconfirmed scopes; original values are shown separately.

Address concentration · Current snapshot

1,898 Holder address count

Top-10 holder share 69.09% · Other 30.91%

Labels on some samples cannot be generalized to all holders.

Reported launch information

Developer holding percentageNot provided
Creator addressNot provided
LaunchpadNot provided
Launch protocolNot provided
Reported graduation progressNot provided
Launch completedNot provided
Liquidity migratedNot provided

Developer holding percentage uses the original field; missing values are not filled with zero.

Launch completion and liquidity migration use their respective reported flags; no near-completion stage is inferred.

Supply & current valuation

Current global circulating supply109.55M frxUSD
Current total supply98.53M frxUSD
Circulating market cap$109.54M
Fully diluted valuation$98.52M
Supply issued on other chainsUnavailable; do not add to global circulating supply

Holder structure

Holder address count1,898
Top-10 holder share69.09%
Top-10 holders 69.09%Other 30.91%

Address count, not unique users

Public safety status

Scam · Unknown

Honeypot · Unknown

Liquidity, concentration and minting authority are separate research fields. Add personal conditions in Opportunity Screener.

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