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Frax USD

Fiat-backed Stablecoin
frxUSD#260DEX onlyMcap $105.96M
$1.0024hLast close

Performance

Cycle lowCycle rangeAll-time high
$0.9700$1.03
All-time high$1.03−2.6% · May 12, 2026
Cycle low$0.9700+2.9% · Oct 29, 2026
Volatility (30D)2.0%
Volatility (1Y)4.2%
Sharpe ratio (1Y)-1.59
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Converter

At the live price.

Metrics

Market
Market cap$105.96M
Fully diluted value$94.88M
Volume (24h)$4.12M
Circulating supply94.95M frxUSD
Max supply94.92M frxUSD
Mcap / FDV111.7%
Dominance0.000%
Turnover (24h)1.54%
Rank#260
Trading
Exchanges9
Trading sinceFeb 27, 2025

Classification

SectorStablecoins
Sub-sectorFiat-backed Stablecoin · U.S. Dollar Stablecoin
EcosystemEthereum
NetworksEthereum · Arbitrum · Sei · Avalanche · BNB Chain · Base

Across Cryp2Nova

Held by treasuries and funds85 positions

Recent events

Status changed: trading → on-chain onlyNov 3, 2026
Named holder left the top 100 · ether.fi: Safe 0xC09...fECNov 2, 2026
Named holder left the top 100 · ether.fi: Safe 0xbEa...11dNov 2, 2026
Named holder left the top 100 · ether.fi: Safe 0x949...718Nov 2, 2026
Named holder left the top 100 · ether.fi: Safe 0xe60...3CANov 2, 2026
Named holder left the top 100 · ether.fi: Safe 0x630...371Nov 2, 2026
Named holder left the top 100 · ether.fi: Safe 0xB2b...dA9Nov 2, 2026
Named holder entered the top 100 · ether.fi: Safe 0x991...3A2Nov 2, 2026

Social activity

Accounts mentioning it
24h0
7 days4
30 days20
Share of voice0.00%
Share-of-voice rank#1,187

Links

WebsiteWebsite
ResourcesGithub
SocialDiscordTelegramX
ContentMedium
ExplorerBlock ExplorerEtherscan

Contracts

Ethereum2K0xcacd…586e29

Top markets

Supply

100.0% in circulationmax 94,915,724
Circulating supply94,948,809 frxUSD
Total supply94,915,724 frxUSD

Latest news

Key facts

LaunchedFeb 27, 2025
CategoryNone
TagsFiat-backed StablecoinU.S. Dollar Stablecoin

Frax USD in numbers

Frax USD (FRXUSD) ranks #260 by market capitalization, at $105.96M. It belongs to the Stablecoins sector (Fiat-backed Stablecoin). It has traded since Feb 27, 2025, with $4.12M of volume in the last 24 hours. Its all-time high of $1.03 was reached on May 12, 2026; the current price is 2.6% below that peak. Its cycle low of $0.970033 came on Oct 29, 2026.

94.95M FRXUSD are in circulation. On Ethereum, 2,119 addresses hold FRXUSD. It is available on 16 networks.

About Frax USD

Frax USD is a USD‑pegged, fully backed stablecoin from the Frax Finance Protocol. It uses a hybrid minting mechanism where authorized custodians issue and redeem tokens at a 1:1 ratio against cash‑equivalent assets held in reserve, while on‑chain contracts maintain peg integrity. Minting caps are managed via governance, and any user may interact with custodian contracts.

Timeline

Feb 27, 2025
Started trading
May 12, 2026
All-time high at $1.03
Oct 29, 2026
Cycle low at $0.970033

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Frax USD (frxUSD) price today — $1.00 · chart, markets & news