Logo of Frax USDFrax USD(FRXUSD)

Market Cap$130.48m

Price$1

Total Circulating130.55m

Stablecoin Information

Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol

Category:fiat-backed

Minting and RedemptionFrax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol

Audits:No

Stablecoins Usage by Chain

NameBridge
Logo of EthereumEthereum (ETH)0-0.50%+0.50%+5.33%115.67m
Logo of FraxtalFraxtal (FXTL)0+0.22%-20.98%-51.27%10.48m
Logo of SonicSonic (S)0-0.66%-5.72%-10.42%2.22m
Logo of PolygonPolygon (POL)0+18.04%+20.03%-12.57%523,547
Logo of BaseBase0-11.12%-26.18%-45.26%508,509
Logo of SolanaSolana (SOL)0< 0.0001%-2.23%-0.86%445,573
Logo of AvalancheAvalanche (AVAX)0+2.21%+2.21%-28.74%323,986
Logo of OP MainnetOP Mainnet (OP)0+0.20%-0.13%+0.33%298,206
Logo of SeiSei (SEI)00%+306%+317%30,814
Logo of BSCBSC (BNB)0+11.25%+11.23%-15.24%17,676
Logo of LineaLinea (LINEA)00%0%-59.30%10,316
Logo of KatanaKatana0-0.01%-26.68%-5.33%6,262
Logo of UnichainUnichain00%0%0%3,650
Logo of ArbitrumArbitrum (ARB)0-0.01%-7.07%-7.69%2,501
Logo of InkInk0+0.03%+0.03%+0.03%981.27
Logo of X LayerX Layer0+0.04%+0.04%-1.58%182.08
Logo of Plume MainnetPlume Mainnet (PLUME)0+0.01%+0.01%+0.01%101.01
Logo of TempoTempo0+0.88%+3.23%44.39
Logo of MovementMovement (MOVE)0+0.07%+0.07%+0.07%15.01
Logo of ModeMode (MODE)0+2.35%+2.35%+2.35%13.31
Logo of Polygon zkEVMPolygon zkEVM0-5.09%-5.09%-5.09%1.9
Logo of BlastBlast (BLAST)0-28.87%-28.87%-28.87%0.71