Frax USD frxUSD
frxUSD/USD price action, 96 candles at 15m. Data refreshes on every page load.
What is Frax USD (frxUSD)?
Frax USD (frxUSD) is a token trading on Ethereum at $0.9949, with a market capitalisation around $112.00M. Its main pool holds $14.79M of liquidity on Curve, paired against crvUSD. Over the last 24 hours frxUSD has fallen -0.03% on $4.29M of trading volume across 128 transactions.
The pair was created 1.2 years ago (Jul 10, 2025). Price, liquidity and volume on this page are read directly from on-chain pool data.
The story behind frxUSD
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 enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
Official channels, straight from the project:
frxUSD history: the key events, on-chain
frxUSD tokenomics and supply
Both addresses link straight to Etherscan. Every figure in this table is read from the chain and you can verify it there.
Market cap and fully diluted valuation are close, so most of the supply is already circulating.
frxUSD on-chain data, signal by signal
We are not auditors and we do not certify any token as safe. What follows are measurable facts read from the chain, each one stated so you can check it yourself. The index simply summarises them into a number: frxUSD sits at 99/100. Every threshold and penalty behind that figure is published in full on our methodology page.
frxUSD contract checks, reported by GoPlus Security
These checks come from GoPlus Security, an independent contract scanner. We publish their reading, we do not produce it.
What moves the frxUSD price?
frxUSD is a Ethereum token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume is low relative to the $14.79M sitting in the pool, so the price can stay flat for long stretches and then jump when a single sizeable order arrives. The main drivers are the depth of that pool, how concentrated the holder base is, general Ethereum market conditions, and social attention. For a token with a A grade, position size discipline matters more than any price prediction.
frxUSD to USD converter and price calculator
| frxUSD | USD |
|---|---|
| 2 frxUSD | $2 |
| 20 frxUSD | $20 |
| 200 frxUSD | $199 |
| 2,000 frxUSD | $2.0K |
| 20,000 frxUSD | $19.9K |
| USD | frxUSD |
|---|---|
| $10 | 10.05 frxUSD |
| $100 | 100.52 frxUSD |
| $1,000 | 1,005 frxUSD |
| $10,000 | 10,052 frxUSD |
| $100,000 | 100,515 frxUSD |
frxUSD markets and top pools
| Pool | DEX | Liquidity | 24h volume |
|---|---|---|---|
| frxUSD / crvUSD | Curve | $12.81M | $814.0K |
| frxUSD / USD3 | Curve | $2.55M | $468.3K |
| frxUSD / trUSD | Curve | $4.87M | $184.1K |
| frxUSD / sUSDS | Curve | $1.83M | $474.5K |
| frxUSD / sUSDe | Curve | $683.4K | $488.9K |
| sfrxUSD / frxUSD | Curve | $11.79M | $26.8K |
| WFRAX / frxUSD | Fraxswap Ethereum | $1.91M | $76.7K |
| frxUSD / msUSD | Curve | $6.44M | $12.5K |
Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.
How to buy Frax USD (frxUSD)
- Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
- Open a DEX. frxUSD trades mainly on Curve. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
- Verify the contract. Check it against the address on this page:
0xcacd6fd266af91b8aed52accc382b4e165586e29You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it. - Set slippage sensibly. With $14.79M of liquidity, moderate orders should fill without extreme slippage, but size still matters.
- Confirm and review. After the swap, verify the tokens landed and that you can sell a small amount back. If a sell fails, treat it as a honeypot.
frxUSD versus other Ethereum pairs
| Token | Price | 24h | Liquidity | Score |
|---|---|---|---|---|
| frxUSD (this page) | $0.9949 | -0.03% | $14.79M | A 99 |
| PAXG price | $4,324.98 | +0.65% | $15.77M | B 82 |
| FLYBRAIN price | $0.02673 | -0.61% | $13.37M | B 75 |
| apyUSD price | $1.38 | +1.98% | $16.38M | B 82 |
| GHO price | $0.9981 | -0.04% | $16.60M | B 82 |
| UNI price | $9.08 | +18.8% | $16.76M | B 82 |
Is Frax USD (frxUSD) holding its peg?
frxUSD is designed to track a currency rather than to appreciate, so the useful question is not where the price is going but how tightly it is holding. Right now it trades at $0.9949, fallen -0.03% over 24 hours. Across the candles this page tracks, the price moved between its low and its high by 1.98%, which is a wider swing than a currency tracker normally shows.
What that means in practice: a peg is only as good as the pool behind it. This pair holds $14.79M of liquidity and traded $4.29M in the last 24 hours. Liquidity is what absorbs a large redemption without the price slipping, so a thin pool can show a clean price right up until somebody actually tries to exit through it. The numbers on this page are read from that pool, not from an issuer's dashboard.
A stable price is not a guarantee of backing. What the chain can show you is depth and turnover; what it cannot show you is the reserve behind the token. For that, check the issuer's own attestations.
How to trade frxUSD safely
- Size against liquidity, not conviction. The pool holds $14.79M. A trade worth more than roughly 1% of that will move the price against you.
- Test the exit first. Buy a small amount, then immediately sell part of it. Tokens that block sells are the single most common trap.
- Watch the buy/sell balance. Currently 83 buys against 45 sells in 24 hours. A rough balance between the two suggests the market functions in both directions.
- Check the age. This pool was created 1.2 years ago. Most rug pulls happen within the first hours of a pool going live.
- Never invest more than you can lose. Low-cap tokens can go to zero, and frequently do.
frxUSD FAQ
What is the price of frxUSD today?
Frax USD (frxUSD) trades at $0.9949, fallen -0.03% over the last 24 hours.
What do the on-chain numbers say about frxUSD?
We are not auditors and do not certify tokens. Measured from the chain, frxUSD sits at 99 out of 100 on our on-chain health index, computed from liquidity, volume quality, buy/sell balance and pair age. No mechanical red flags were detected, which is not a guarantee of safety.
How much liquidity does frxUSD have?
The tracked pool holds $14.79M of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.
Where can I buy Frax USD (frxUSD)?
frxUSD trades on Ethereum, mainly through Curve, across 20 tracked pools. Always paste the contract address instead of searching by ticker.
What is the 24 hour trading volume of frxUSD?
frxUSD has traded $4.29M in the last 24 hours across 128 transactions, split 83 buys and 45 sells.
When was frxUSD launched?
The tracked frxUSD pool was created 1.2 years ago, on Jul 10, 2025.
What is the contract address of frxUSD?
The frxUSD contract address on Ethereum is 0xcacd6fd266af91b8aed52accc382b4e165586e29. Check it against the address published by the project itself before buying: tickers and names are copied freely, the address is the only thing that identifies a token. This page links it straight to the block explorer so you can verify supply, holders and transfers yourself.
Could frxUSD be a honeypot?
Sells are going through (45 in the last 24 hours), which means the token is not blocking exits at this time. Always test a small sell first.
Keep exploring Ethereum
Traders looking at frxUSD also open PAXG, FLYBRAIN, apyUSD, GHO, UNI.