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Frax USD

FRXUSD$0.00
Trend (24h)
Trend (7d)

Price Data

Analysis

Trade

Ethereum: 0xcacd...6e29
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Market Cap

82705629
#508

All-Time High

1.004

All-Time Low

0.97622

Fully Diluted Valuation

82705629

Circulating Supply

82751681.32136062 (100%)

Total Supply

82751681.32136062

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.

Frax USD Price Analysis

As of April 24 2025 Frax USD has a marketcap of $83M. This is {{percentagefromath}} from its all time high of $1.004. In terms of its tokenomics, there's a total supply of 83M with 100% currently outstanding. Keep in mind Frax USD has a fully diluted value of $83M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude