Stablecoin Information
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol
Category:fiat-backed
Minting and Redemption
Frax 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
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +1.45% | +1.85% | -8.76% | 91.77m | ||
| 0 | -0.85% | +3.38% | +27.26% | 9.4m | ||
| 0 | +0.01% | -1.29% | -1.45% | 2.18m | ||
| 0 | +4.74% | -16.73% | +19.84% | 441,905.04 | ||
| 0 | -2.91% | -3.39% | +10.29% | 368,485.22 | ||
| 0 | >-0.0001% | +0.08% | +0.54% | 359,400.92 | ||
| 0 | +0.00% | +0.00% | +0.32% | 302,000.36 | ||
| 0 | -0.00% | -0.15% | -7.29% | 258,922.59 | ||
| 0 | +0.68% | +0.01% | +1.36% | 15,040.11 | ||
| 0 | -0.00% | -0.76% | -0.76% | 7,465.69 | ||
| 0 | +0.00% | +0.00% | -41.82% | 5,756.06 | ||
| 0 | -0.01% | -0.01% | -0.04% | 3,608.48 | ||
| 0 | -0.01% | -0.64% | +8.33% | 3,169.66 | ||
| 0 | -0.01% | -0.01% | -2.36% | 2,779.84 | ||
| 0 | +0.00% | +0.00% | +2.65% | 1,007.04 | ||
| 0 | +0.04% | +0.04% | +0.04% | 182.08 | ||
| 0 | +0.01% | +0.01% | +0.01% | 101.01 | ||
| 0 | -0.31% | -0.31% | +20.84% | 39.88 | ||
| 0 | +0.07% | +0.07% | +0.07% | 15.01 | ||
| 0 | +2.35% | +2.35% | +2.35% | 13.31 | ||
| 0 | -28.87% | -28.87% | -28.87% | 0.71 | ||
| 0 | -100.00% | 0 |