Logo of Frax USDFrax USD(FRXUSD)

Market Cap$114.95m

Price$1

Total Circulating114.95m

Stablecoin Information

Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol

Category:fiat-backed

Minting and RedemptionFrax 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

NameBridge
Logo of EthereumEthereum (ETH)0+0.43%-6.27%-8.61%103.8m
Logo of FraxtalFraxtal (FXTL)0-10.72%-19.27%-51.73%6.93m
Logo of SonicSonic (S)0-0.44%+1.04%-10.36%2.24m
Logo of PolygonPolygon (POL)0-5.54%-12.53%+4.27%461,008
Logo of BaseBase0-4.26%-14.25%-39.34%447,316
Logo of SolanaSolana (SOL)00%+0.80%-4.80%433,834
Logo of OP MainnetOP Mainnet (OP)0< 0.0001%0%+1.39%302,794
Logo of AvalancheAvalanche (AVAX)0< 0.0001%-7.26%-23.16%289,660
Logo of BSCBSC (BNB)00%+1.28%-8.77%15,094
Logo of LineaLinea (LINEA)00%0%0%10,316
Logo of SeiSei (SEI)0-0.08%-0.08%-0.74%7,553
Logo of KatanaKatana (KAT)0-0.01%-0.01%-9.36%6,262
Logo of ArbitrumArbitrum (ARB)0+0.98%-5.47%+6.31%2,858
Logo of UnichainUnichain0+0.01%-1.24%-21.99%2,847
Logo of InkInk0+0.03%+0.03%+0.03%981.27
Logo of X LayerX Layer0+0.04%+0.04%+0.04%182.08
Logo of Plume MainnetPlume Mainnet (PLUME)0+0.01%+0.01%+0.01%101.01
Logo of TempoTempo0+1.15%-24.14%-22.38%33.38
Logo of MovementMovement (MOVE)0+0.07%+0.07%+0.07%15.01
Logo of ModeMode (MODE)0+2.35%+2.35%+2.35%13.31
Logo of Polygon zkEVMPolygon zkEVM0-5.09%-5.09%-5.09%1.9
Logo of BlastBlast (BLAST)0-28.87%-28.87%-28.87%0.71