Frax frxUSD logoFrax frxUSDReserve verification record

Verified by DefiLlama
Last verified
Scope
Full reserves
Positions
10 across 8 accounts
Protocol
Frax
Reserves vs circulation
Verified reservesCollateral ratio103.43%
WTGXX 68.16%BUIDL 15.99%USTB 12.86%Erebor Bank USD 2.02%USDC 0.88%AUSD and USDB 0.10%
frxUSD outstanding
Verified reserves$99,344,184.28
WTGXX3 accounts$67,709,987.5368.16%
BUIDL1 account$15,880,841.3115.99%
USTB1 account$12,776,162.2912.86%
Erebor Bank USDUSD · 1 account$2,005,530.312.02%
USDC2 accounts$871,739.070.88%
AUSD and USDB2 accounts$99,923.770.10%

10 positions · 8 accounts

frxUSD outstanding$96,053,243.09
Ethereum77,261,897.10 frxUSD$77,265,827.7080.44%
Fraxtal9,365,066.70 frxUSD$9,365,543.139.75%
Stable3,934,071.16 frxUSD$3,934,271.304.10%
Somnia3,011,151.63 frxUSD$3,011,304.823.14%
Sonic934,333.08 frxUSD$934,380.610.97%
25 smaller networks1,541,837.08 frxUSD$1,541,915.521.61%
Locked in the Fraxtal bridge10,484,949.86 frxUSD · Already left out of the Ethereum figure, because the Fraxtal supply stands for these tokens.$10,485,483.2710.92%

96,048,356.75 frxUSD × $1.0001

Overcollateralized by$3,290,941.19Collateral ratio103.43%

Every figure is a position DefiLlama verified. The register below shows when each one was last updated.

Evidence register
Positions DefiLlama verified for Frax frxUSD, ordered by verified value
accountAssetStrategyUnits× Price= Verified valueShareLast updated
BitGo Trust Account (WTGXX)0x4fa3…b163WTGXXContract0x1fec…c179WTGXX53,064,011.23$1.00$53,064,011.2353.41%Nov 3, 2026
Redemption Contract (BUIDL)0xe827…4e9cBUIDLContract0x7712…2aecBUIDL15,880,841.31$1.00$15,880,841.3115.99%Nov 3, 2026
Redemption Contract (WTGXX)0x860c…7857WTGXXContract0x1fec…c179WTGXX14,645,972.12$1.00$14,645,972.1214.74%Nov 3, 2026
Redemption Contract (USTB)0x5fba…4f33USTBContract0x4341…1c4eUSTB1,133,999.60$11.2665$12,776,162.2912.86%Nov 3, 2026
Erebor Bank Account (ending 4576)USDErebor Bank USD2,005,530.31$1.00$2,005,530.312.02%Nov 3, 2026
Redemption Contract (USDC)0x4f95…d87cUSDCContract0xa0b8…eb48USDC871,945.45$0.9998$871,739.070.88%Nov 3, 2026
Redemption Contract (AUSD)0x537b…12b0AUSDContract0x0000…012aAUSD100,031.24$0.9989$99,920.070.10%Nov 3, 2026
Redemption Contract (USDC)0x4f95…d87cWTGXXContract0x1fec…c179WTGXX4.18$1.00$4.18<0.01%Nov 3, 2026
Solana Primary MultisigFSRTW4…8AQoUSDBContractENL66P…REzBUSDB3.70$0.9998$3.70<0.01%Nov 3, 2026
Redemption Contract (WTGXX)0x860c…7857USDCContract0xa0b8…eb48USDC0.001194$0.9998<$0.01<0.01%Nov 3, 2026
Total verified$99,344,184.28100.00%

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