Frax USD
FRXUSD#257 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
What it is for
Frax USD
A stable digital dollar
190 coins tagged Stablecoins, worth $306.22B together. Bigger circle, bigger coin. Order is size only.
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Where it trades: Curve (Ethereum), Uniswap V4 (Ethereum), Curve (Polygon), Fraxswap (Ethereum), Aerodrome SlipStream
Fiat-backed Stablecoin 87 coins, together worth $290.45B. Sorted by size.
The average coin in this group is worth $3.38B. To match it, this coin's price would need to rise 3039%, to about $31.38.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Frax USD | $107,543,327 | −0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| Global Dollar | $3,306,024,307 | −0.0% | – | none dated |
USD Stablecoin 102 coins, together worth $301.53B. Sorted by size.
The average coin in this group is worth $2.98B. To match it, this coin's price would need to rise 2675%, to about $27.74.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Frax USD | $107,543,327 | −0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| USD1 | $4,278,210,442 | +0.0% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
Frax USD
No record yet, so nothing to draw.
What is coming
Frax USD
No record yet.
Price and size
Frax USD
The last 7 days
Where today sits against its highest ever price
Highest ever: $1.09 on 12 April 2026. Today is 92% of that.
$0.9996 −0.0% today
7 days +0.0%. Market cap $107,543,327, #256 of all coins. Its all-time high was $1.09 on 12 April 2026, so it is −8.1% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Frax USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9996, #256 of all coins by size, 8% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
Frax USD
100%
of all FRXUSD that will ever exist is already out in public hands: 107.59M coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
- 107.59Min circulation of 107.53M total. No hard maximum is set, so more can be created.
- of its all-time high of $1.09 on 12 April 2026. That is −8.1% from the top.
- #256by market cap, $107,543,327.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
107.59M coins, all of them already out. Nothing is held back to be released later.
$0.9996 −0.0% today
7 days +0.0%. Market cap $107,543,327, #256 of all coins. Its all-time high was $1.09 on 12 April 2026, so it is −8.1% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Frax USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9996, #256 of all coins by size, 8% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
Frax USD
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Frax USD$107.54Mthis coin−0.0%no maxno record
Tether$183.41B1705.4× bigger, +$183.3B−0.0%, gap +0.0no maxno record
USDC$74.16B689.5× bigger, +$74.05B+0.0%, gap +0.0no maxnone dated
USDS$9.81B91.2× bigger, +$9.7B−0.0%, gap −0.0no maxno record
Dai$4.58B42.6× bigger, +$4.47B+0.0%, gap +0.0no maxno record
Ethena USDe$4.53B42.1× bigger, +$4.42B−0.0%, gap +0.0no maxno record
Global Dollar$3.31B30.7× bigger, +$3.2B−0.0%, gap +0.0no maxnone dated
PayPal USD$2.82B26.2× bigger, +$2.71B−0.0%, gap +0.0no maxno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| Frax USD | Tether | |
|---|---|---|
| Years trading | 2 years | 12 years |
| Major exchanges | 0 | 6 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
It is 0.1% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Fiat-backed Stablecoin 87 coins, together worth $290.45B. Sorted by size.
The average coin in this group is worth $3.38B. To match it, this coin's price would need to rise 3039%, to about $31.38.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Frax USD | $107,543,327 | −0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| Global Dollar | $3,306,024,307 | −0.0% | – | none dated |
USD Stablecoin 102 coins, together worth $301.53B. Sorted by size.
The average coin in this group is worth $2.98B. To match it, this coin's price would need to rise 2675%, to about $27.74.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Frax USD | $107,543,327 | −0.0% | – | no record |
| Tether | $183,405,078,991 | −0.0% | – | no record |
| USDC | $74,156,123,297 | +0.0% | – | none dated |
| USDS | $9,805,780,159 | −0.0% | – | no record |
| Dai | $4,577,689,031 | +0.0% | – | no record |
| Ethena USDe | $4,531,182,560 | −0.0% | – | no record |
| USD1 | $4,278,210,442 | +0.0% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
A stable digital dollar
190 coins tagged Stablecoins, worth $306.22B together. Bigger circle, bigger coin. Order is size only.
In the news
Frax USD
Nothing in the news this month.
Frax USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9996, #256 of all coins by size, 8% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
What holding it gets you
Frax USD
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Where it trades: Curve (Ethereum), Uniswap V4 (Ethereum), Curve (Polygon), Fraxswap (Ethereum), Aerodrome SlipStream
Where it trades, by how much changes hands each day
- Curve$972.28K a day, 0XCACD6FD266AF91B8AED52ACCC382B4E165586E29/0XF939E0A03FB07F59A73314E73794BE0E57AC1B4E
- Uniswap V4$318.36K a day, 0XCACD6FD266AF91B8AED52ACCC382B4E165586E29/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48
- Curve$89.7K a day, 0X80EEDE496655FB9047DD39D9F418D5483ED600DF/0XC2132D05D31C914A87C6611C10748AEB04B58E8F
- Fraxswap$52.47K a day, 0X04ACAF8D2865C0714F79DA09645C13FD2888977F/0XCACD6FD266AF91B8AED52ACCC382B4E165586E29
- Aerodrome SlipStream$21.46K a day, 0XE5020A6D073A794B6E7F05678707DE47986FB0B6/0X833589FCD6EDB6E08F4C7C32D4F71B54BDA02913
- Curve$13.3K a day, 0XFC00000000000000000000000000000000000001/0XFC00000000000000000000000000000000000006
- Aerodrome Slipstream 3$3.22K a day, 0X27F6C8289550FCE67F6B50BED1F519966AFE5287/0XE5020A6D073A794B6E7F05678707DE47986FB0B6
- Uniswap V3$2.58K a day, 0XCACD6FD266AF91B8AED52ACCC382B4E165586E29/0XCA83DDE9C22254F58E771BE5E157773212ACBAC3
Largest venues by reported volume, from CoinGecko. Plain links, no referral.
Worth a look?
Frax USD
0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Frax USD is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9996, #256 of all coins by size, 8% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Fiat-backed Stablecoin: this coin next to the group's largest, Tether.
| Frax USD | Tether | |
|---|---|---|
| Years trading | 2 years | 12 years |
| Major exchanges | 0 | 6 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
It is 0.1% the size of Tether. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,216,633,952. This coin is 0% of that.
Where it trades: Curve (Ethereum), Uniswap V4 (Ethereum), Curve (Polygon), Fraxswap (Ethereum), Aerodrome SlipStream
The record
Frax USD
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Homepage as listed: https://frax.com