Frax USD logo

Frax USD

$1.00
+$0.00002422
+<0.01%
• Today
1H
1D
1W
1M
YTD
ALL

Frax USD price today and market data

Name
Frax USD
Symbol
FRXUSD
Network
Ethereum
Market Cap
$87M
Total Supply
86.56M
Circulating Supply
86.56M
Holders
2,097
Volume (24h)
$5M
+18.82%
Trades (24h)
998
+10.52%
Traders (24h)
308
+0.33%
All-Time High
$1.00
All-Time Low
$1.00
Liquidity
$26M
Created (~1 yr old)
Jan 2025

What is 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.

Frax USD FAQ

The market capitalization of FRXUSD is $87M as of Oct 23, 2026.

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 daily trading volume of FRXUSD is $5M as of Oct 23, 2026.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for FRXUSD.

The total supply of FRXUSD is 86.56M.

The circulating supply, which represents the number of FRXUSD currently available in the market, is 86.56M as of Oct 23, 2026.

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.

Buy Frax USD with the Mobile App

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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.