Currencies32904
Market Cap$ 2.83T+0.94%
24h Spot Volume$ 61.05B+13.1%
DominanceBTC58.77%+0.08%ETH7.74%-0.97%
ETH Gas0.43 Gwei
Cryptorank
Open report modalReport issue
Frax USD

Frax USD frxUSDPrice $ 0.999

Rank: 384

frxUSD Price

0.999
0.07%
Price Range
LowHigh
$ 0.995$ 1.00

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+25

Description

Frax USD is a modernized modular fiat-based stablecoin in the Frax Finance system.

Frax USD (frxUSD) Chart

Frax USD price Index provides the latest frxUSD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

frxUSD to USD Converter

Frax USD (frxUSD)frxUSD

frxUSD Price Statistics

leaderboard

Market Cap

$ 82.22M

Fully diluted value

FDV

$ 82.22M

ATH Market Cap

$ 102.79M


Vol. (24h) / MCap

0.00708

Total Supply

frxUSD 82,273,008

Circulating Supply

frxUSD 82.27M

(100% of Total Supply)

All Time High

$ 1.06

25 Mar 2025


All Time Low

$ 0.838

22 Mar 2025


From ATH

5.92%

From ATL

19.3%
Trending Frax USD Fiat Pairs

What is Frax USD (frxUSD)?

Historical events: In December 2024, Frax USD (frxUSD) and Staked Frax USD (sfrxUSD) were launched as new components of the Frax Finance ecosystem. There was an upgrade of the Frax stablecoin to frxUSD and sfrxUSD during the OP stack hardfork and contract update. Read more: https://gov.frax.finance/t/fip-419-launch-frax-usd-provide-upgrade-path-to-frax-stablecoin/3543

Frax USD is an upgraded modular stackablecoin in line with Frax Finance's vision of decentralization, stability and usability.

Five fiat redemptions: frxUSD will allow users to easily convert their assets into fiat currency through a partnership with Paxos. This feature bridges the gap between DeFi and traditional finance, making frxUSD more accessible and practical for everyday use.

Access to the Federal Reserve: Frax Finance, through its strategic partner FinresPBC, is working to establish direct access to the main account of the US Federal Reserve (FMA). This will bring frxUSD to the level of the safest stablecoin, offering its users unrivaled trust and stability.

Treasury bill integration: utilizing FinresPBC's existing access to Treasury bills, frxUSD will be further backed by trusted collateral, enhancing its reliability and expanding its reach.

Frax USD Price Today

Frax USD's current price is $ 0.999, it has increased +0.07% over the past 24 hours.

Frax USD's All Time High (ATH) of $ 1.06 was reached on 25 Mar 2025, and is currently -5.92% down.

The current circulating supply of Frax USD is 82.27 Million tokens, and the maximum supply of Frax USD is 82.27 Million.

Frax USD’s 24 hour trading volume is $ 581.88 Thousand.

Frax USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 82.22 Million.

Trending Coins and Tokens Flame icon