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% | -3.20% | -1.82% | -9.32% | 80.08m | ||
| 0.00% | +0.33% | +20.34% | +18.46% | 15.58m | ||
| 0.00% | <0.0001% | <0.0001% | -0.08% | 3.93m | ||
| 0.00% | -2.07% | -1.90% | -1.27% | 964,054.31 | ||
| 0.00% | -8.94% | -3.93% | +0.75% | 526,705.17 | ||
| 0.00% | +0.23% | +0.23% | +7.85% | 355,745.71 | ||
| 0.00% | -2.60% | -2.60% | -2.60% | 350,075.54 | ||
| 0.00% | +0.07% | -3.43% | +7.70% | 348,770.87 | ||
| 0.00% | -0.00% | -0.00% | -83.06% | 43,062.5 | ||
| 0.00% | -0.00% | +0.50% | -7.85% | 13,504.83 | ||
| 0.00% | -0.00% | +13.48% | +14.62% | 8,557.71 | ||
| 0.00% | -0.00% | -0.00% | -94.45% | 7,174.97 | ||
| 0.00% | +0.29% | +3.64% | +4.04% | 3,750.67 | ||
| 0.00% | -0.01% | -0.01% | -5.63% | 3,356.71 | ||
| 0.00% | +0.01% | +0.01% | +15.06% | 3,088.3 | ||
| 0.00% | -0.02% | -0.02% | +0.03% | 1,843.59 | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 1,007.04 | ||
| 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 |