Check Frax USD Current Price Today.

$1.00

-0.05% (24H)
Low $1.00
High $1.00
  • Market Cap $86.25 M
  • Volume $1.44 M
  • Available Supply 86.43 M FRXUSD
  • ATH $1.00
  • ATH(% Change) -0.58%

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DatePriceVolumeMarketCap
# ExchangePairPriceVolume (24h)UpdatedTrust Score
Data by Coingecko API

Frax USD current price is $1.00 with a marketcap of $86.25 M. Its price is -0.05% down in last 24 hours.

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.