About Frax USD

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.

How to buy FRXUSD

Connect your wallet to Rubicon and swap ETH for FRXUSD on Ethereum. Rubicon aggregates liquidity from on-chain order books and automated market makers to find the best price for your FRXUSD trade.

Token Details

Name

Frax USD

Symbol

FRXUSD

Network

Ethereum

Decimals

18

Contract

0xcacd6fd266af91b8aed52accc382b4e165586e29