Frax USD
FRXUSDFiat-backed USD-pegged Rank #44
Price
$0.999299
-0.07% off peg
Market Cap
$130.22M
Market Cap
$130.22M
Dominance
0.04%
of market
Price
$0.999299
% Off Peg
-0.07%
24h Supply
-0.52%
7d Supply
-1.92%
30d Supply
-4.54%
Networks
22
chains
Circulating Supply
Total FRXUSD across all chains
$138.43M
$79.10M
Jun 2, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$115.61M 88.7%
Fraxtal
$10.40M 8.0%
Sonic
$2.22M 1.7%
Polygon
$523.5K 0.4%
Base
$508.5K 0.4%
Solana
$445.6K 0.3%
Avalanche
$324.0K 0.2%
OP Mainnet
$298.2K 0.2%
Sei
$30.8K 0.0%
BSC
$17.7K 0.0%
Others (12)
$24.1K 0.0%
About Frax USD
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol
Mint & redeem
Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki
Contract 0xcacd…6e29