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Frax USD
Frax USDFRXUSD
CURRENCY
$1.000.03%
Market cap
$76.70M
0.03%
Volume (24h)
$164.57K
-
FDV
$76.69M
Vol/Mkt Cap (24h)
0.21%
Total Supply
76.68M FRXUSD
Max Supply
Circulating Supply
76.68M FRXUSD

FRXUSD to Fiat Converter

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Frax USD Markets
#ExchangePairVolume (24h)
About Frax USD

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Frax USD (frxUSD) is a fully collateralized, fiat-redeemable stablecoin issued by the Frax Finance Protocol. It operates on a hybrid model, combining governance-approved custodians that hold cash-equivalent reserves for minting and redeeming, along with on-chain mechanisms developed by the protocol.

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Frax USD Price Live Data

Frax USD (FRXUSD) is a promising project making strides in adoption, utility, and developer interest. The current market valuation places Frax USD at $1.00 per token, reflecting a 0.03% slight increase in value during the past 24-hour trading period. This price movement indicates positive market activity within the FRXUSD ecosystem. Investor engagement with Frax USD remains lower, with $164,571.311 in trading volume recorded across various trading platforms over the last 24 hours. This level of liquidity highlights FRXUSD's declining interest and utility within the broader cryptocurrency landscape For comprehensive details regarding Frax USD's development roadmap, technical specifications, and community initiatives, interested parties are encouraged to visit the project's official resource hub at https://frax.com.

Frax USD
Frax USD
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Community sentiment
79%
21%
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