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% | -0.59% | -7.52% | -6.22% | 83.99m | ||
| 0.00% | -0.03% | +0.02% | -10.71% | 13.14m | ||
| 0.00% | <0.0001% | <0.0001% | 3.94m | |||
| 0.00% | -0.03% | -50.60% | -52.70% | 976,274.37 | ||
| 0.00% | -1.98% | -7.80% | +39.46% | 495,840.32 | ||
| 0.00% | -0.00% | -0.00% | -0.00% | 359,405.54 | ||
| 0.00% | +0.03% | +12.36% | +3.35% | 348,929.82 | ||
| 0.00% | <0.0001% | +0.04% | +9.14% | 329,945.11 | ||
| 0.00% | -0.00% | -29.82% | -67.97% | 90,794.73 | ||
| 0.00% | +0.00% | -80.83% | 48,749.06 | |||
| 0.00% | -0.00% | -3.41% | -4.71% | 14,156.61 | ||
| 0.00% | -0.00% | -0.00% | -0.00% | 7,465.69 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 3,604.61 | ||
| 0.00% | -0.01% | -0.01% | -22.80% | 3,556.65 | ||
| 0.00% | +0.35% | +7.67% | -1.94% | 2,788.7 | ||
| 0.00% | -0.02% | -0.02% | -33.72% | 1,842.68 | ||
| 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% | 104.92 | |||
| 0.00% | +0.01% | +0.01% | +0.01% | 101.01 | ||
| 0.00% | -1.05% | -1.05% | +11.32% | 44.53 | ||
| 0.00% | -0.21% | -0.21% | 22.95 | |||
| 0.00% | +0.07% | +0.07% | +0.07% | 15.01 |