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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Frax USD (FRXUSD) is currently trading near $0.999789 (about 77.4900 ₽). The price is almost flat over the last 24 hours. Its market cap stands at $109.47M, 24h volume is $900.94K, and its market-cap rank is #250.
The price is almost flat over the last 1 hour. The price is almost flat over the last 24 hours. 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 0.67% versus ATH and 2.42% versus ATL.
Frax USD is most commonly grouped into segments such as Aurora Ecosystem and Movement 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 ($900.94K in 24h), distance from ATH (0.67%), 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.
