Frax USD
FraxUSD
Launched On
2025-01-01
Live Price & Chart
What is Frax USD (FraxUSD)?
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 custodians mint and redeem frxUSD, backed by cash-equivalent reserves. Additionally, advanced on-chain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across both DeFi and traditional financial systems.Frequently Asked Questions about Frax USD
Where can I find more info about Frax USD?
You can find more info about Frax USD on the official website.
Where can I follow updates about Frax USD?
You can follow updates about Frax USD on their X account.
Where can I join Frax USD community?
You can find Frax USD community on Telegram.
What is the contract address of Frax USD?
The contract address of Frax USD is 0xcacd6fd266af91b8aed52accc382b4e165586e29 on Ethereum.
Where can I buy Frax USD?
You can buy Frax USD on UniSwap.
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Frax USD Rank
Overall rank29085
Daily rank11
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