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Frax USD

Frax USD

$1.00
-$0.00005242
-<0.01%
• Today

Info

Symbol
FRXUSD
Network
Ethereum
Market Cap
$61M
Total Supply
61.5M
Circulating Supply
61.5M
Holders
435
Volume (24h)
$695K
+3.64%
Trades (24h)
40
+90.48%
Traders (24h)
29
+70.59%

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.
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FAQ

The market capitalization of FRXUSD is $61M as of Jun 3, 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 daily trading volume of FRXUSD is $695K as of Jun 3, 2025.

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

The total supply of FRXUSD is 61.5M.

The circulating supply, which represents the number of FRXUSD currently available in the market, is 61.5M as of Jun 3, 2025.

This token does not have a maximum supply. This means that new tokens can be created over time. The supply may change due to network protocols, staking rewards, or token burns.

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.

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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.