Overview
Frax USD(frxUSD)
Token Price$1
24h Change+0.03%
All Time HighMay 30, 2025$1.01
All Time LowFeb 17, 2025$0.98
Key Metrics
Market Cap$108.54m
Fully Diluted Valuation$108.75m
Circ. Supply108.55m frxUSD
Volume 24h$7.21m
CEX Volume$0
DEX Volume$7.08m
Risks
How much debt can be issued against frxUSD as collateral across lending protocols.
Maximum possible exposure to frxUSD
< $0.0001
< $0.0001 (max additional borrows against frxUSD) + $0 (bad debt if frxUSD was hacked now)
Morpho V1
< $0.0001 at-risk exposure = $0 bad debt if hacked + < $0.0001 additional borrowable against frxUSD
Methodology and limitations
Showing collateral exposure for frxUSD on Polygon. Max Borrowableuses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for frxUSD as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol | Chain | |||
|---|---|---|---|---|
frxUSD0x80eede496655fb9047dd39d9f418d5483ed600df | < $0.0001 | $0 |
Token Usage
An is required to view token usage.
Yields
Showing 10 of 128 pools

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabFRXUSD-MSUSD | $6.67m | 21.80% | 5.21% | 16.59% | 16.31% | ||||
| open in new tabFRXUSD-MSUSDCurve | $6.46m | 22.09% | 4.63% | 17.46% | 13.78% | ||||
| open in new tabPMUSD-FRXUSD | $1.71m | 23.22% | 0.05% | 23.17% | 20.77% | ||||
| open in new tabFRXUSD-MSUSDStakedao | $571,254 | 22.54% | 13.42% | ||||||
| open in new tabSDUSD-FRXUSDCurve | $365,537 | 23.30% | 2.71% | 20.59% | 19.84% | ||||
| open in new tabFRXUSD-VUSDCurve | $172,960 | 24.70% | 0.21% | 24.49% | 47.95% | ||||
| open in new tabFRXUSD-USP | $136,680 | 611% | 2.48% | 608% | 606% | ||||
| open in new tabFRXUSD-FRXETH-WFRAX | $91,061 | 24.41% | 0.79% | 23.62% | 21.43% | ||||
| open in new tabFRXUSD-WFRXETH-WFRAXCurve | $13,310 | 44.82% | 1.25% | 43.57% | 38.24% | ||||
| open in new tabUSDC-FRXUSDCL1 - 0.01% | $10,327 | 33.67% | 0.34% | 33.33% | 112% |
