Frax USD Price, Live Chart & Market Cap

Frax USD (frxUSD) – a fully collateralized, yield‑enabled dollar token that bridges TradFi reserves with fast DeFi settlement

Name: Frax USD
Brand: Frax USD
SKU: FRXUSD
Price: 0.999246 USD
Availability: InStock

Frax USD Overview

Frax USD (frxUSD) is a fully collateralised digital dollar designed for modern finance. It keeps a hard USD peg through cash, Treasury bills and on‑chain reserves held by regulated custodians. Traders rely on frxUSD for low‑slippage swaps, lenders use it for steady yield, and institutions trust its transparent backing. With multichain reach and forthcoming Fraxchain support, Frax USD aims to power daily payments and advanced DeFi alike.

Frax USD (frxUSD): Fully‑backed, yield‑ready stablecoin

Utility & Use Cases FRXUSD

Stake for sfrxUSD Yield

- Lock frxUSD to mint sfrxUSD - Earn Treasury‑driven rewards that auto‑compound - Preserve liquidity via instant unstake

Lend or Borrow

- Supply frxUSD on FraxLend or Aave to earn interest - Borrow frxUSD against ETH, wBTC or LSD collateral - Tap low rates for trading or hedging

Provide Liquidity

- Add frxUSD to Curve or Uniswap pools - Capture trading fees plus protocol incentives - Boost portfolio yield while supporting peg depth

Fast Cross‑Chain Payments

- Transfer frxUSD via LayerZero bridges in minutes - Avoid high L1 gas by using Arbitrum, Optimism or soon Fraxchain - Ideal for payroll, remittance and app micro‑payments

Frax USD Technologies Overview

Real‑World Asset Backing

Tokenised BlackRock and WisdomTree money‑market funds plus cash sit behind every frxUSD for verifiable security.

Low Fees

Layer‑2 deployments and smart‑order routing keep transfer and swap costs a few cents or less.

Cross‑Chain Compatibility

LayerZero OFT standard unifies supply across Ethereum, Arbitrum, Polygon and more without wrapped IOUs.

Innovative Yield Vault

sfrxUSD turns base collateral interest into on‑chain yield, offering simple, transparent returns.

Funding

Frax Finance raised roughly $8 M across 2019‑2021 seed and strategic rounds led by Ascensive Assets and Crypto.com Capital; no ICO was held for frxUSD.

Roadmap

Q3 2025 – Fraxchain Mainnet

Launch Optimism‑based L2 with frxUSD as native stablecoin and FRAX gas, audited by Trail of Bits.

Q4 2025 – New RWA Custodians

Activate Superstate, Centrifuge and WisdomTree vaults, lifting mint capacity toward $1 B.

Q1 2026 – CEX Listings

Target tier‑one crypto exchanges and fintech ramps for direct frxUSD fiat on‑boarding.

H2 2026 – Global Compliance Roll‑out

Pursue EU MiCA and US Payment‑Stablecoin charter to unlock institutional adoption.

Frax USD Security & Audit Reports

Core contracts and bridges undergo recurring audits by Trail of Bits and the in‑house Frax Security Cartel. Multisig timelocks, real‑time reserve attestations and rate‑limited AMOs guard collateral and peg integrity.

FAQ

How to convert legacy FRAX to frxUSD?

Send FRAX to the upgrade contract on Ethereum or use the one‑click swap on supported L2s for a 1:1 exchange.

How to earn yield on Frax USD?

Stake frxUSD in the sfrxUSD vault; the share price accrues Treasury interest automatically.

Is frxUSD fully backed?

Yes. Cash, tokenised T‑bills and stablecoins held by regulated custodians equal or exceed circulating supply.

Where can I trade frxUSD today?

Major pools are live on Uniswap v3, Curve and Balancer; volumes grow as more platforms integrate.

Does frxUSD support cross‑chain transfers?

LayerZero bridges allow native moves between Ethereum, Arbitrum, Optimism and other networks without wrapping.

What makes frxUSD different from USDC?

It offers on‑chain yield via sfrxUSD, is DAO‑governed, and diversifies reserves across multiple custodians.

Can frxUSD be used for DeFi farming?

Yes. Provide liquidity or lend frxUSD to earn additional farming rewards alongside base yield.

Top Crypto Exchanges to Trade Frax USD (FRXUSD)

#	Exchange	Pair	Price	24h Volume
1	Curve (Ethereum)	0X853D955A.../0XCACD6FD2...	~$1.000083	$3,467,268
2	Curve (Ethereum)	0XCACD6FD2.../0X4C9EDD58...	~$1.0011	$1,159,090
3	Curve (Ethereum)	0XCACD6FD2.../0X0655977F...	~$0.96	$450,824
4	SwapX Algebra	0X80EEDE49.../0XD3DCE716...	~$1.00064	$377,157
5	Shadow Exchange	0X80EEDE49.../0XD3DCE716...	~$1.00065	$178,774
6	Curve (Ethereum)	0XCACD6FD2.../0XA3931D71...	~$0.95	$4,866,809
7	Uniswap V3 (Ethereum)	0X853D955A.../0XCACD6FD2...	~$1	$22,454
8	Curve (Sonic)	0X80EEDE49.../0XD3DCE716...	~$1	$3,244.65