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Frax USD

$1.00
-$0.00042934
-0.04%
• Today

Info

Name
Frax USD
Symbol
frxUSD
Network
Base
Market Cap
$67M
Total Supply
66.74M
Circulating Supply
66.74M

About

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.

FAQ

The market capitalization of frxUSD is $67M as of Aug 31, 2025.

Market capitalization is calculated by multiplying the current price of frxUSD by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The total supply of frxUSD is 66.74M.

The circulating supply, which represents the number of frxUSD currently available in the market, is 66.74M as of Aug 31, 2025.

frxUSD can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

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