Frax USD(FRXUSD)
Market Cap$107.9m
Price$1
Total Circulating107.85m
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 | -0.94% | -4.99% | -14.83% | 94.83m | ||
| 0 | +12.35% | +21.80% | -4.20% | 9.05m | ||
| 0 | +0.01% | -0.33% | -0.29% | 2.21m | ||
| 0 | +5.03% | -1.27% | -10.60% | 420,780 | ||
| 0 | < 0.0001% | +0.03% | -17.61% | 357,574 | ||
| 0 | -2.88% | +6.49% | -26.16% | 356,125 | ||
| 0 | +0.20% | +0.20% | -0.27% | 301,636 | ||
| 0 | < 0.0001% | < 0.0001% | -13.36% | 279,277 | ||
| 0 | 0% | 0% | -2.54% | 14,859 | ||
| 0 | 0% | 0% | -0.47% | 7,523 | ||
| 0 | -0.01% | -0.01% | -34.34% | 6,774 | ||
| 0 | 0% | 0% | -42.37% | 3,609 | ||
| 0 | +0.46% | +1.25% | +7.33% | 3,091 | ||
| 0 | -0.01% | -2.36% | -3.58% | 2,780 | ||
| 0 | +1.30% | +3.98% | +3.98% | 1,020 | ||
| 0 | +0.04% | +0.04% | +0.04% | 182.08 | ||
| 0 | +0.01% | +0.01% | +0.01% | 101.01 | ||
| 0 | +1.15% | +1.15% | -24.14% | 33.38 | ||
| 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% | -100.00% | -100.00% | 0 |