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 | +1.71% | +4.02% | +1.63% | 91.98m | ||
| 0 | -5.35% | -4.43% | +47.58% | 13.87m | ||
| 0 | +0.59% | +0.33% | -5.46% | 2.09m | ||
| 0 | <0.0001% | +10.33% | -22.64% | 410,535.24 | ||
| 0 | >-0.0001% | +0.00% | +0.17% | 359,405.92 | ||
| 0 | +1.35% | +0.97% | -14.61% | 337,101.35 | ||
| 0 | -0.00% | +0.35% | +0.45% | 303,370.63 | ||
| 0 | +0.00% | -34.77% | -28.69% | 184,905.5 | ||
| 0 | -0.00% | -8.79% | -9.89% | 13,551.51 | ||
| 0 | -0.00% | -0.00% | -0.76% | 7,465.69 | ||
| 0 | -0.01% | -10.86% | -34.36% | 4,106.51 | ||
| 0 | -0.01% | -0.01% | -0.12% | 3,604.61 | ||
| 0 | +0.01% | +6.66% | -4.00% | 3,033.45 | ||
| 0 | -0.01% | -0.01% | -0.01% | 2,779.84 | ||
| 0 | +0.00% | +0.00% | +0.00% | 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% | -0.31% | 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 | 0 |