{"slug":"frxusd","token":"FRXUSD","name":"Frax USD","symbol":"FRXUSD","address":"0xcacd6fd266af91b8aed52accc382b4e165586e29","chain":"ETH","narrativeSummary":"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 mechanism","price":0.999871,"priceChange":-0.0129,"priceChange24h":-0.0129,"activityScore":82,"marketCap":108118996,"categories":["Stablecoins","USD Stablecoin","BNB Chain Ecosystem","Solana Ecosystem","Avalanche Ecosystem","Polygon Ecosystem","Arbitrum Ecosystem","Ethereum Ecosystem","Optimism Ecosystem","Aptos Ecosystem","ZkSync Ecosystem","Linea Ecosystem","Base Ecosystem","Scroll Ecosystem","Berachain Ecosystem","Blast Ecosystem","Mode Ecosystem","Aurora Ecosystem","Polygon zkEVM Ecosystem","Fraxtal Ecosystem","X Layer Ecosystem","Sonic Ecosystem","Fiat-backed Stablecoin","Sei Network Ecosystem","Abstract Ecosystem","Ink Ecosystem","Unichain Ecosystem","Plume Network Ecosystem","Movement Ecosystem","Katana Ecosystem"],"lastUpdated":"2026-04-10 08:10:31"}