Market 
Frax USD
frxusd Rank #281$1.00 -0.00%
Performance
1h
+0.01%
24h
-0.00%
7d
-0.00%
30d
+0.06%
1y
-0.02%
Market stats
- Market cap
- $94.92M
- Volume (24h)
- $4.33M
- FDV
- $94.92M
- 24h high
- $1.00
- 24h low
- $0.9997
- Circulating
- 94.92M
- Total supply
- 94.92M
- Max supply
- ∞
All-time range
All-time high
$1.09
-8.06% Apr 12, 2026
All-time low
$0.9762
+2.44% Feb 17, 2025
About Frax USD
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
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