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% | +0.47% | -0.07% | -6.45% | 77.68m | ||
| 0.00% | +1.04% | -6.40% | +35.92% | 14.75m | ||
| 0.00% | <0.0001% | <0.0001% | -0.08% | 3.93m | ||
| 0.00% | +0.03% | +0.31% | -0.88% | 973,330.27 | ||
| 0.00% | <0.0001% | -0.84% | +22.35% | 532,572.25 | ||
| 0.00% | +0.07% | +0.44% | +40.34% | 463,036.43 | ||
| 0.00% | +5.00% | -2.25% | +1.47% | 368,660.69 | ||
| 0.00% | +0.00% | +0.00% | -2.59% | 350,080.54 | ||
| 0.00% | -0.00% | -0.00% | -1.41% | 43,067.5 | ||
| 0.00% | -0.00% | -6.32% | -4.73% | 12,838.84 | ||
| 0.00% | +0.00% | +0.00% | +21.22% | 9,050.39 | ||
| 0.00% | -0.00% | -0.00% | -0.00% | 7,174.97 | ||
| 0.00% | -0.01% | -0.01% | +4.01% | 3,750.67 | ||
| 0.00% | -0.01% | -0.01% | -5.63% | 3,356.71 | ||
| 0.00% | -1.19% | -1.38% | -8.59% | 2,549.42 | ||
| 0.00% | -0.02% | -0.02% | -0.02% | 1,843.59 | ||
| 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% | -0.07% | 104.92 | ||
| 0.00% | +0.01% | +0.01% | +0.01% | 101.01 | ||
| 0.00% | -1.05% | -1.05% | -1.05% | 44.53 | ||
| 0.00% | -0.21% | -0.21% | -0.21% | 22.95 | ||
| 0.00% | +0.07% | +0.07% | +0.07% | 15.01 |