frxUSD/USDC
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 | 9 |
|---|---|
24h Vol | $63.05 |
Liquidity | $119.27 |
Holders | N/A |
Audits | |
Age | 1 year |
FDV | $0 |
Market Cap | $112.6M |
frxUSD to USDC Converter
Score | 9 |
|---|---|
24h Vol | $63.05 |
Liquidity | $119.27 |
Holders | N/A |
Audits | |
Age | 1 year |
FDV | $0 |
Market Cap | $112.6M |
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.
Other Pools Trading Frax USD (frxUSD)
frxUSD/USDC Price Stats
The current price of frxUSD (frxUSD/USDC) on NILE is $0.9989, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $63.05 with a total of 1 transactions. frxUSD/USDC contract address is 0x68fe24be8cff9f423bb8e2996e8edb8fbff47230, with a Fully Diluted Valuation (FDV) of $0.00 and a liquidity pool of $119.27.
