Stablecoin Monitor
Frax USD
FRXUSD
Total Circulating Amount
$314,401,093.03
Description
Frax USD (frxUSD) is a fully-collateralized stablecoin issued by Frax Finance Protocol and redeemable for fiat currency. The stablecoin uses a hybrid model, with governance-approved custodians minting and redeeming frxUSD in exchange for cash-equivalent reserves. Users can interact with custodian contracts, allowing institutions to adopt frxUSD while complying with internal requirements.
Key Metrics
Overview of the Frax USD stablecoin.
Total Transactions
793,214
Total Transfers
1,169,068
Total Volume
$81,381,355,326.19
Total Minted
$4,122,362,782.31
Total Burned
$3,807,961,689.28
New Supply
$314,401,093.03
Activity over Time
Historical Performance showing volume traded and transfer amount for Frax USD
Market Cap Over Time
Historical market capitalization for Frax USD
Issuance Summary
Historical Issuence for Frax USD. Measured by mints and burns of the token by provider.
Daily Active Users
Measured by number of unique addresses interacting with the token each day Frax USD
Transaction Size Distribution
Freequency of Transaction Size for Frax USD
0 - 1
13,184
1 - 10
14,726
10 - 100
45,155
100 - 1K
143,148
1K - 10K
401,156
10K - 100K
447,238
100K - 1M
95,050
1M+
9,411
Circulating Supply
Total Supply Value: $299,005,794.21
Chain Stats
Stablecoin details per Chain
ChainAddressMarket CapTransactionsTransfer Volume% of Total
ethereum logoethereum
0x853d955acef822db058eb8505911ed77f175b99e$314,745,739.61793,214$81,414,194,872.01105.26%