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.
There is no news for this coin yet.
Frax USD (FRXUSD) is currently trading near $0.999678 (about 71.9700 ₽). Over the last 24 hours the price is up +0.07%. Its market cap stands at $131.23M, 24h volume is $4.08M, and its market-cap rank is #241.
The price is almost flat over the last 1 hour. Over the last 24 hours the price is up +0.07%. The price is almost flat over the last 7 days. Use these moves together with the chart and latest headlines on the coin page for context.
Frax USD (FRXUSD) reached its all-time high at $1.0070 on May 30, 2025. Its all-time low was $0.97622 on Feb 17, 2025. The current price is -0.68% versus ATH and +2.41% versus ATL.
Frax USD is most commonly grouped into segments such as Stablecoins, USD Stablecoin and BNB Chain Ecosystem. That gives a quick clue about its use cases and the peers it should be compared with. If funding-round data becomes available, it will appear on this page as well.
Start with liquidity ($4.08M in 24h), distance from ATH (-0.68%), the weekly trend, and the latest headlines. For Frax USD (FRXUSD), it helps to compare the chart, key metrics, and recent stories: the page currently shows 0 fresh items.
