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% | -3.46% | -8.85% | 79.97m | |||
| 0.00% | +10.21% | -10.56% | 11.84m | |||
| 0.00% | -0.08% | -0.08% | 3.93m | |||
| 0.00% | +0.01% | -53.20% | 982,598.02 | |||
| 0.00% | +21.63% | +1.12% | 444,193.9 | |||
| 0.00% | +12.19% | +29.29% | 409,526.05 | |||
| 0.00% | -0.00% | -0.00% | 359,405.54 | |||
| 0.00% | <0.0001% | +8.60% | 329,947.11 | |||
| 0.00% | -0.00% | -83.70% | 43,062.5 | |||
| 0.00% | -0.00% | -8.31% | 13,437.75 | |||
| 0.00% | -0.00% | +1.00% | 7,540.78 | |||
| 0.00% | -0.00% | -95.55% | 7,174.97 | |||
| 0.00% | +0.01% | +0.40% | 3,619.41 | |||
| 0.00% | -0.01% | -5.63% | 3,356.71 | |||
| 0.00% | +0.01% | -2.46% | 3,088.26 | |||
| 0.00% | -0.02% | +0.03% | 1,843.59 | |||
| 0.00% | +0.00% | +0.00% | 1,007.04 | |||
| 0.00% | +0.04% | +0.04% | 182.08 | |||
| 0.00% | -0.07% | -0.07% | 104.92 | |||
| 0.00% | +0.01% | +0.01% | 101.01 | |||
| 0.00% | -1.05% | -1.05% | 44.53 | |||
| 0.00% | -0.21% | -0.21% | 22.95 | |||
| 0.00% | +0.07% | +0.07% | 15.01 |