Frax USD (FRXUSD)

Rank #242BINANCE:FRXUSDUSDT

$0.999678

▲ 0.02% (24h)

Market cap

$115.76M

24h volume

$3.92M

24h high

$1.00

24h low

$0.999075

All-time high

$1.007

From ATH

-0.69%

Circulating supply

115.8M FRXUSD

Max supply

—

About Frax USD

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.

Frax USD (FRXUSD) Price · USA Crypto Group