frxUSD/USDe
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 | $18.4K |
Liquidity | $65.4K |
Holders | 1.1K |
Audits | |
Age | 1 year |
FDV | $106.3M |
Market Cap | $114M |
| Addresses | |
|---|---|
| Pool | |
| frxUSD |  |
| USDe | |
frxUSD to USDe Converter
Score | |
|---|---|
24h Vol | $18.4K |
Liquidity | $65.4K |
Holders | 1.1K |
Audits | |
Age | 1 year |
FDV | $106.3M |
Market Cap | $114M |
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/USDe Price Stats
The current price of frxUSD (frxUSD/USDe) on Curve is $1.0039, the price is up 0.7% in the last 24 hours. Its 24-hour trading volume is reported to be at $18,364.17 with a total of 14 transactions. frxUSD/USDe contract address is 0xdbb1d219d84eacefb850ee04cacf2f1830934580, with a Fully Diluted Valuation (FDV) of $106.29M and a liquidity pool of $65,398.43.
