coinFRXUSD #241

Frax USD

0.99691960320USD-0.44%-0.44%As of: Aug 13, 03:11 UTC

Key Statistics

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Frax USD Converter

FRXUSD
=
USD

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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Price Performance

1D
-0.44%
7D
-1.49%
30D
-2.30%
YTD
N/A
N/A
1Y
-48.75%
Key Statistics
24H Range
Low$0.98743115520High$0.9981847296
24h Volume
1.9M
Market Cap
110.8M
Circulating Supply
111.1M
Total Supply
111.1M
Rank
241
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
1.8K
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.02
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