Frax USD
fiat-backed#254Issued by Frax USD · Launched Feb 16, 2025 (1 year ago · 366 days)
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 Price History
Performance Statistics
Avg Price
$0.9997
Based on 32 data points
Std Deviation
0.00030
Price variability measure
Max Down Deviation
-0.08%
Lowest: $0.9992
Max Up Deviation
+0.03%
Highest: $1.0003
Stability Score
98
Excellent
Peg Streak
32
Max consecutive readings within ±0.1%
Days Since Depeg
364
Last event: Feb 16, 2025
Chains
27
Ethereum, Arbitrum, Plume +24 more
Depeg Event History1 event
Top Trading Pairsby volume
| Pair | Exchange | Price | Volume (USD) | Trust | Trade |
|---|---|---|---|---|---|
| 0X18BC5B…/0XE5020A… | Hydrex Integral | $0.0001 | $2.0K | yellow | Trade → |
| 0X18BC5BCC660CF2B9CE3CD51A404AFE1A0CBD3C22/0XE5020A6D073A794B6E7F05678707DE47986FB0B6 | Hydrex Integral | $0.0001 | $1.4K | yellow | Trade → |
| 0XCACD6FD266AF91B8AED52ACCC382B4E165586E29/0XA3931D71877C0E7A3148CB7EB4463524FEC27FBD | Curve (Ethereum) | $0.9200 | $3.0M | green | Trade → |
| 0XCACD6FD266AF91B8AED52ACCC382B4E165586E29/0XF939E0A03FB07F59A73314E73794BE0E57AC1B4E | Curve (Ethereum) | $1.0016 | $1.8M | — | Trade → |
| 0XCF62F905562626CFCDD2261162A51FD02FC9C5B6/0XCACD6FD266AF91B8AED52ACCC382B4E165586E29 | Curve (Ethereum) | $1.1825 | $1.4M | green | Trade → |
| 0XCACD6F…/0XF939E0… | Curve (Ethereum) | $1.0020 | $1.1M | — | Trade → |
| 0XCACD6FD266AF91B8AED52ACCC382B4E165586E29/0XAB5EB14C09D416F0AC63661E57EDB7AECDB9BEFA | Curve (Ethereum) | $1.0060 | $955.4K | green | Trade → |
| 0XCACD6F…/0XA3931D… | Curve (Ethereum) | $0.9199 | $697.4K | green | Trade → |
| 0XC0C17D…/0XCACD6F… | Curve (Ethereum) | $0.9976 | $543.6K | yellow | Trade → |
| 0XC0C17DD08263C16F6B64E772FB9B723BF1344DDF/0XCACD6FD266AF91B8AED52ACCC382B4E165586E29 | Curve (Ethereum) | $0.9976 | $436.5K | yellow | Trade → |
Smart Contracts9 chains
| Chain | Contract Address | Actions |
|---|---|---|
 Abstract | 0xea77c590bb36c43ef7139ce649cfbcfd6163170d | |
 Aptos | 0xe067037681385b86d8344e6b7746023604c6ac90ddc997ba3c58396c258ad17b | |
 Arbitrum | 0x80eede496655fb9047dd39d9f418d5483ed600df | |
 Base | 0xe5020a6d073a794b6e7f05678707de47986fb0b6 | |
| Ethereum | 0xcacd6fd266af91b8aed52accc382b4e165586e29 | |
 Fraxtal | 0xfc00000000000000000000000000000000000001 | |
| Linea | 0xc7346783f5e645aa998b106ef9e7f499528673d8 | |
 Scroll | 0x397f939c3b91a74c321ea7129396492ba9cdce82 |