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 | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.94% | +0.45% | -3.01% | 87.49m | ||
| 0.00% | -0.19% | -0.60% | +6.56% | 13.13m | ||
| 0.00% | <0.0001% | <0.0001% | 3.94m | |||
| 0.00% | +0.01% | -50.55% | -53.60% | 976,554.44 | ||
| 0.00% | <0.0001% | +6.63% | +24.20% | 522,772.38 | ||
| 0.00% | -0.00% | -0.00% | +0.00% | 359,405.54 | ||
| 0.00% | +0.03% | +8.60% | +9.19% | 329,945.11 | ||
| 0.00% | +0.00% | +2.94% | -9.55% | 323,830.2 | ||
| 0.00% | +0.00% | +0.00% | 254,246.31 | |||
| 0.00% | -29.82% | -43.74% | -66.24% | 90,794.73 | ||
| 0.00% | -3.40% | -3.40% | -5.14% | 14,158.23 | ||
| 0.00% | -0.00% | -0.00% | -0.00% | 7,465.69 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 3,604.61 | ||
| 0.00% | -0.01% | -0.01% | -22.80% | 3,556.65 | ||
| 0.00% | +0.00% | -15.19% | -12.25% | 2,684.13 | ||
| 0.00% | -0.02% | -0.02% | -33.72% | 1,842.68 | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 1,007.04 | ||
| 0.00% | +0.04% | +0.04% | +0.04% | 182.08 | ||
| 0.00% | -0.07% | -0.07% | 104.92 | |||
| 0.00% | +0.01% | +0.01% | +0.01% | 101.01 | ||
| 0.00% | -1.05% | -1.05% | +11.32% | 44.53 | ||
| 0.00% | -0.21% | -0.21% | 22.95 | |||
| 0.00% | +0.07% | +0.07% | +0.07% | 15.01 |