frxUSD/msUSD
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 enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
Score | |
|---|---|
24h Vol | $4.8M |
Liquidity | $13.3M |
Holders | 1.5K |
Audits | |
Age | 6 months |
FDV | $121M |
Market Cap | $125.5M |
| Addresses | |
|---|---|
| Pool | |
| frxUSD |  |
| msUSD | |
frxUSD to msUSD Converter
Score | |
|---|---|
24h Vol | $4.8M |
Liquidity | $13.3M |
Holders | 1.5K |
Audits | |
Age | 6 months |
FDV | $121M |
Market Cap | $125.5M |
About Frax USD (frxUSD)
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 enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
frxUSD/msUSD Price Stats
The current price of frxUSD (frxUSD/msUSD) on Curve is $0.9739, the price is up -2.96% in the last 24 hours. Its 24-hour trading volume is reported to be at $4.81M with a total of 97 transactions. frxUSD/msUSD contract address is 0x9a9e2e70919c75d80aaaa1d483c46cdbb8ac4d1b, with a Fully Diluted Valuation (FDV) of $120.96M and a liquidity pool of $13.34M.
