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 $1.0000 (about 86.6000 ₽). The price is almost flat over the last 24 hours. Its market cap stands at $113.08M, 24h volume is $3.67M, and its market-cap rank is #248.
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 $1.0880 on Apr 12, 2026. Its all-time low was $0.97622 on Feb 17, 2025. The current price is 8.06% versus ATH and 2.44% 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 ($3.67M in 24h), distance from ATH (8.06%), 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.
