Frax USD (FRXUSD)
Rank #235
Market snapshot
- Price
- $0.999827
- Market cap
- $114.8M
- 24h volume
- $4.6M
- Circulating supply
- 114,809,451.4307
- Total supply
- 114,809,451.4307
- Max supply
- N/A
What is Frax USD?
Frax USD is a stablecoin designed to maintain a stable value relative to the US dollar. It is categorized as an asset-backed stablecoin and operates within various ecosystems, including the Frax ecosystem. Its design aims to provide users with digital asset that can be utilized in various financial applications.
Key information
- Symbol
- FRXUSD
- CMC rank
- #235
- Network / platforms
Arbitrum, Base, BNB Smart Chain (BEP20), Ethereum
- Categories
- N/A
- Date added
- Mar 16, 2025
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Arbitrum
0x80eede496655fb9047dd39d9f418d5483ed600dfBase
0xe5020A6d073a794B6E7f05678707dE47986Fb0b6BNB Smart Chain (BEP20)
0x80Eede496655FB9047dd39d9f418d5483ED600df
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Frax USD?
- Frax USD (FRXUSD) is a stablecoin designed to maintain a stable value relative to the US dollar, categorized as an asset-backed and fiat-stablecoin.
- What are the risks associated with transferring Frax USD?
- Users should verify the contract address and network before transferring assets. Digital asset prices can be volatile, and self-custody requires secure handling of private keys.
- How can I verify Frax USD before acquiring it?
- Verify the asset name, network, and any supplied contract details before transferring. Ensure you are using the correct contract address.
- Where can I find official resources for Frax USD?
- Official resources for Frax USD can be found at the Frax website and its technical documentation.
