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Frax USDFRXUSDFrax USD (FRXUSD) Price Chart
Frax USD (FRXUSD) is trading at $0.999778 today, down 0.00% in the last 24 hours. Market cap: $112.87M. 24h volume: $2.59M.
About Frax USD Price
The Frax USD price today is $0.999778 with a 24-hour trading volume of $2.59M.FRXUSD price is down 0.00% in the last 24 hours. It has a market cap of $112.87M, ranking #242 among all cryptocurrencies.
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.
Frequently Asked Questions about Frax USD
What is Frax USD (FRXUSD)?
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.
How much is Frax USD worth today?
Frax USD is currently trading at $0.9998, up 0% in the last 24 hours. The current market price reflects active trading across multiple exchanges.
What is the all-time high of Frax USD?
Frax USD reached its all-time high of $1.01 in 2025. The current price is 0.7% below this peak.
What is the market cap of Frax USD?
Frax USD has a market capitalization of $113M, ranking it #242 among all cryptocurrencies. Market cap is calculated by multiplying the current price by the circulating supply.
Where can I buy Frax USD?
Frax USD is available on major cryptocurrency exchanges. AltcoinSignal offers an integrated non-custodial swap powered by Li.Fi, allowing you to trade FRXUSD directly without leaving the platform.
How does Frax USD compare to Bitcoin?
Frax USD ranks #242 by market capitalization. Bitcoin is the largest cryptocurrency and holds the #1 rank.
What is Frax USD's circulating supply?
Frax USD has a circulating supply of 112.9M FRXUSD, out of a total supply of 112.9M. The maximum supply is unlimited.