Logo of Frax USDFrax USD(FRXUSD)

Market Cap$125.34m

Price$1

Total Circulating125.37m

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)0-4.27%-2.98%+0.64%110.73m
Logo of FraxtalFraxtal (FXTL)0-2.13%-22.67%-53.70%10.26m
Logo of SonicSonic (S)0+0.06%-5.66%-10.36%2.22m
Logo of PolygonPolygon (POL)0+1.52%+21.86%-11.53%531,528
Logo of BaseBase0+0.23%-24.68%-45.14%509,654
Logo of SolanaSolana (SOL)0-0.13%-2.34%-1.00%444,973
Logo of AvalancheAvalanche (AVAX)0< 0.0001%+2.21%-28.74%323,986
Logo of OP MainnetOP Mainnet (OP)0< 0.0001%-0.13%+0.31%298,206
Logo of BSCBSC (BNB)0-11.33%-1.37%-24.84%15,674
Logo of LineaLinea (LINEA)00%0%-59.30%10,316
Logo of SeiSei (SEI)0-75.47%-0.41%+2.30%7,559
Logo of KatanaKatana0-0.01%-25.79%-5.33%6,262
Logo of UnichainUnichain0-6.22%-6.22%-6.22%3,423
Logo of ArbitrumArbitrum (ARB)0-0.03%-8.02%-7.71%2,500
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