Frax USD

$FrxUSD 40

$1.00

0.02%

Twitter (X) Telegram

ETH 0xcacd6fd266af91b8aed52accc382b4e165586e29

1h %

6h %

-0.02%

24h %

0.02%

Market Cap

$121.1M

Volume 24h

$10.7K

Liquidity

$2.5K

About Frax USD

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 custodians mint and redeem frxUSD, backed by cash-equivalent reserves. Additionally, advanced on-chain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across both DeFi and traditional financial systems.

Security Scan

Automated scan — always DYOR.

AI Analysis

Frax USD ($FrxUSD) leverages Ethereum's DeFi infrastructure to pioneer a hybrid stablecoin model where governance-approved custodians mint and redeem tokens backed by cash-equivalent reserves, blending traditional financial collateralization with Frax Finance's on-chain stability mechanisms. Unlike algorithmic stablecoins, $FrxUSD emphasizes redeemability and regulatory compliance, positioning itself as a bridge between decentralized finance and institutional financial systems while maintaining low on-chain activity—a deliberate design choice reflecting its hybrid operational model.

Frequently Asked Questions

What is the current price of FrxUSD?

The current price of Frax USD (FrxUSD) is $1.00.

What is the market cap of FrxUSD?

The market cap of Frax USD is $121.1M.

What is the 24-hour trading volume for FrxUSD?

The 24-hour trading volume for FrxUSD is $10.7K.

How does Frax USD differentiate itself from traditional fiat-backed stablecoins like USDC or USDT in the context of AI-driven financial systems?

Frax USD integrates Frax Finance's on-chain stability protocols, enabling dynamic collateralization and governance-driven adjustments that are programmatically enforced, unlike static fiat-backed stablecoins. This design allows $FrxUSD to adapt to market conditions without manual intervention, making it more resilient for AI-driven trading bots, automated market makers, or decentralized AI financial agents that require predictable and transparent collateral management.

What role does the Frax Finance Protocol play in ensuring the stability of $FrxUSD beyond simple collateralization?

The Frax Finance Protocol deploys advanced on-chain mechanisms, including fractional-algorithmic stability modules and governance-controlled reserve management, to dynamically adjust collateral ratios and minting/burning processes. This hybrid approach reduces reliance on pure collateralization alone, allowing $FrxUSD to maintain peg stability with lower liquidity requirements—a critical feature for AI-driven systems that demand efficiency and scalability in high-frequency transactions.

Who are the primary users of Frax USD, and how does its hybrid model appeal to both DeFi and traditional finance audiences?

The primary users include DeFi-native traders, AI-powered trading agents, and institutional participants seeking regulated exposure to crypto. The hybrid model appeals to traditional finance by offering cash-equivalent collateralization while providing DeFi users with programmatic stability tools. This dual appeal is reflected in its low on-chain transaction volume—a sign of steady, rather than speculative, adoption—suggesting it is being integrated into workflows where stability and compliance are paramount.

Token Stats

Chain ETH

Launch Date Jan 01, 2025

Age 1y

Decimals N/A

Native Price 0.9998 USDC

Holders 0

Contract

0xcacd6fd266af91b8aed52accc382b4e165586e29

24h Sentiment

8 Buys (38.1%) 13 Sells (61.9%)

Buy / Trade