Stablecoin information
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol
Category:fiat-backed
Minting and Redemption
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
Audits:No
Stablecoins usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -2.54% | -3.31% | -11.42% | 74.81m | ||
| 0.00% | -0.26% | +0.63% | +36.25% | 14.74m | ||
| 0.00% | <0.0001% | <0.0001% | -0.08% | 3.93m | ||
| 0.00% | -1.06% | -4.08% | -5.02% | 932,883.59 | ||
| 0.00% | +0.10% | +0.17% | +40.47% | 463,479.41 | ||
| 0.00% | -30.65% | -25.71% | -0.53% | 382,346.33 | ||
| 0.00% | -0.00% | +0.00% | -2.59% | 350,080.54 | ||
| 0.00% | -0.91% | -3.96% | -8.68% | 338,282.42 | ||
| 0.00% | -0.00% | -0.00% | +0.01% | 43,067.5 | ||
| 0.00% | +0.00% | +1.44% | -3.44% | 13,024.44 | ||
| 0.00% | -0.00% | -0.09% | +19.90% | 9,041.64 | ||
| 0.00% | +0.00% | -2.67% | -2.67% | 6,983.15 | ||
| 0.00% | -0.01% | -0.01% | +3.64% | 3,750.67 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 3,356.71 | ||
| 0.00% | +0.00% | +3.92% | -13.18% | 2,681.11 | ||
| 0.00% | -0.02% | -0.02% | -0.02% | 1,843.59 | ||
| 0.00% | +0.01% | +0.01% | +0.01% | 1,007.05 | ||
| 0.00% | +0.04% | +0.04% | +0.04% | 182.08 | ||
| 0.00% | -0.07% | -0.07% | -0.07% | 104.92 | ||
| 0.00% | +0.01% | +0.01% | +0.01% | 101.01 | ||
| 0.00% | -1.05% | -1.05% | -1.05% | 44.53 | ||
| 0.00% | -0.21% | -0.21% | -0.21% | 22.95 | ||
| 0.00% | +0.07% | +0.07% | +0.07% | 15.01 |