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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.

Frax USD

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FRXUSD	USD
0.1	0.10013116760
1	1.00
2	2.00
5	5.01
10	10.01
20	20.03
50	50.07
100	100.13
1000	1,001.31

USD	FRXUSD
0.1	0.09986900422
1	0.99869004224
2	2.00
5	4.99
10	9.99
20	19.97
50	49.93
100	99.87
1000	998.69

Frax USD Converter

FRXUSD to USD Price Chart

Price Performance

Price Performance

FRXUSD to USD Conversion Table

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