Good to know: price for Frax USD (FRXUSD) sits at $0.999823, showing 0.00% decrease on a 24h basis.
Good to know: Frax USD (FRXUSD) 24-hour volume is $1.8K, a decrease of 0.00% since yesterday.
Its current market capitalization is approximately $525.8K. Liquidity across major Solana DEXes is currently at $894.3K.
FRXUSD is actively traded in Solflare wallet. The token is unverified according to Solana's token registry. This token can be swapped instantly on Solflare for any other supported asset. You can also set advanced limit orders for this token directly within the Solflare wallet, allowing you to automate trades based on your chosen price targets.
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.