frxUSD/USDT
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.
Score | |
|---|---|
24h Vol | $1M |
Liquidity | $1M |
Holders | 2.1K |
Audits | |
Age | 1 month |
FDV | $84.5M |
Market Cap | $93.8M |
| Addresses | |
|---|---|
| Pool | |
| frxUSD |  |
| USDT | |
frxUSD to USDT Converter
Score | |
|---|---|
24h Vol | $1M |
Liquidity | $1M |
Holders | 2.1K |
Audits | |
Age | 1 month |
FDV | $84.5M |
Market Cap | $93.8M |
About 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.
frxUSD/USDT Price Stats
The current price of frxUSD (frxUSD/USDT) on Curve is $0.9978, the price is up -0.1% in the last 24 hours. Its 24-hour trading volume is reported to be at $1.02M with a total of 160 transactions. frxUSD/USDT contract address is 0xd6937ea8d33b0c21348f36f7895fde3054ba4927, with a Fully Diluted Valuation (FDV) of $84.46M and a liquidity pool of $1M.
