FRAX/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 | 49 |
|---|---|
24h Vol | $347.9K |
Liquidity | $224.4K |
Holders | N/A |
Audits | |
Age | 1 year |
FDV | $18.6M |
Market Cap | $111.6M |
| Addresses | |
|---|---|
| Pool | |
| FRAX |  |
| USDe | |
FRAX to USDe Converter
Score | 49 |
|---|---|
24h Vol | $347.9K |
Liquidity | $224.4K |
Holders | N/A |
Audits | |
Age | 1 year |
FDV | $18.6M |
Market Cap | $111.6M |
About Frax (FRAX)
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/USDe Price Stats
The current price of FRAX (FRAX/USDe) on Curve (Fraxtal) is $0.9959, the price is up 0.76% in the last 24 hours. Its 24-hour trading volume is reported to be at $347.89K with a total of 233 transactions. FRAX/USDe contract address is 0x1e199dbe1f7aa237282fe941d5bcc3b167c8ce48, with a Fully Diluted Valuation (FDV) of $18.5M and a liquidity pool of $224.39K.
