Frax USD frxUSD
Solana · Fiat-backed Stablecoin · Solana Ecosystem · 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.
GzX1ireZDU865FiMaKrdVB1H6AE8LAqWYCg6chrMrfBwTrading volume and liquidity
24h volume $15.00 · Total token liquidity $483.00。
Volume / current liquidity 3.11%
Volume is a flow over a period; liquidity is a stock at a point in time.
Supply and valuation
Circulating market cap $110.47M · FDV $362.4K。
The two valuations are not yet comparable; their original values are shown separately.