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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.
In the dynamic and ever-changing landscape of cryptocurrencies, Frax USD has established itself as a formidable player. It is currently ranked #1,879 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Frax USD as a viable digital asset.
The tokenomics of Frax USD consist of a total supply of 61,614,764 tokens, out of which 52,372,539 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
In order to securely store your Frax USD tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
The price of Frax USD is currently at 0.9999026535655942, having experienced a 0% change in the last 24 hours. The trading volume for this period stands at 0. With a circulating supply of 52,372,539 tokens, Frax USD has managed to achieve a market capitalization of 907,227, reflecting the strong interest of the market participants.
To buy, sell, or trade Frax USD, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in Frax USD with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
| Price | $ 0.9999 |
| Market Cap | $ 907,227.50 |
| 24h Variation (%) | +0.00% |
| Total Supply | 61,614,764 |
| Circulating Supply | 52,372,539 |
| Launch Date | January 1st 2025, 20:01 |
| Date added | May 22nd 2025, 19:03 |
| Listed by | PROMOTER MARK |
4 days ago
The security scan is conducted by Goplus and serves as a general indication of contract security.
It may not detect all potential threats and vulnerabilities. Always perform your own research.
| Holder Count: | 435 |
| Buy Tax: | 0.00 % |
| Sell Tax: | 0.00 % |
| Owner Holdings: | 0.00 % |
| Honeypot Check: | |
| Blacklisted Check: |
| Top 10 Holders: | 99.16 % |
| Anti-Whale Mechanism: | |
| Can Take Back Ownership: | |
| Slippage Modifiable: | |
| Transfer Pausable: | |
| Open Source: |
 | Cheems 2K22 | 0.00% |
 | Ballbag Token | 0.00% |
 | Hash Park | 0.00% |
 | BISMILLAH COIN | 0.00% |
 | Galactic Credits Standard | 0.00% |
Asset | Chain | Price | 24h | Market Cap | Since launch | Votes | ||
|---|---|---|---|---|---|---|---|---|
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 | Night shift $NSHIFT | $ 0.00 | —% | $ 0 | 6 months | 46 | ||
 | FrogKEnstein $FFRG | $ 0.00 | —% | $ 0 | 6 months | 45 | ||
 | Lonely Cat $LONECAT | $ 0.00 | —% | $ 0 | 6 months | 52 | ||
 | LUCI $LUCI | $ 0.00 | —% | $ 0 | 6 months | 45 | ||
 | ForAllCases $FOALCA | $ 0.00 | —% | $ 0 | 1 month | 39 |