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L2 Standard Bridged
frxusd
#537
$0.997136
-0.25% (1d)Market Cap
$94.5M
BTC Price
$0
FDV
$94.5M
Vol24h
$1.1M
Circulating Supply
94.8M frxusd
Total Supply
-
Info
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Website
Website Whitepaper -
Community
-
Algorithm
-
Proof Type
-
Block Reward
0
-
All Time High
$1.05
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ATL Date
03/02/2025
The current price of L2 Standard Bridged is $0.997136 in USD. As of now, a total of 94.8M frxusd are in circulation across the market. L2 Standard Bridged has experienced a price change of -0.25% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, L2 Standard Bridged trading volume on crypto exchanges has reached $1.1M.
Description
Frax USD (frxUSD) is Frax Finance’s fully-collateralised USD stablecoin. A governance-controlled hybrid model uses on-chain custodian contracts to mint/redeem against cash-equivalent reserves, with multiple custodians and tokenised RWA instruments supported. A yield-bearing vault (sfrxUSD) routes funds across approved strategies. The protocol supplies a 1:1 upgrade path from legacy stablecoin contracts, while the governance token was separately renamed to FRAX and now serves as Fraxtal’s gas/commodity asset.
frxusd Markets
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frxusd News
At this time, there are no updates to share. We will keep you informed as soon as there is any news