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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
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.49% | -2.97% | -5.99% | 74.58m | ||
| 0.00% | +3.78% | -1.28% | -36.05% | 10.08m | ||
| 0.00% | <0.0001% | <0.0001% | <0.0001% | 3.93m | ||
| 0.00% | +0.01% | -0.47% | -3.89% | 929,928.02 | ||
| 0.00% | >-0.0001% | +0.49% | +7.54% | 468,901.81 | ||
| 0.00% | -0.00% | -0.00% | +0.00% | 350,080.54 | ||
| 0.00% | -0.87% | -8.16% | -11.93% | 310,440.01 | ||
| 0.00% | +4.48% | -6.34% | -50.01% | 289,012.04 | ||
| 0.00% | -0.00% | -0.00% | +0.01% | 43,067.5 | ||
| 0.00% | -0.00% | -19.40% | -15.97% | 11,515.98 | ||
| 0.00% | +0.01% | -3.55% | -4.62% | 8,631.44 | ||
| 0.00% | +0.00% | +0.00% | -2.67% | 6,983.15 | ||
| 0.00% | -0.00% | +0.40% | +0.40% | 3,765.97 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 3,356.71 | ||
| 0.00% | -0.00% | -0.00% | -17.00% | 2,562.89 | ||
| 0.00% | -0.02% | -0.02% | -0.02% | 1,843.59 | ||
| 0.00% | +0.04% | +0.04% | +0.04% | 182.08 | ||
| 0.00% | +0.23% | -84.78% | -85.17% | 149.34 | ||
| 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 |
