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.
Leveraging in-depth analyst evaluations, we have synthesized key insights from expert assessments to present a positive outlook for FRXUSD. Analysts highlight solid fundamentals and favorable market sentiment, suggesting upside potential in the near term. Based on this thorough expert analysis, we maintain an optimistic view of this stock. Our conclusion: FRXUSD is a Buy candidate.
FRXUSD stock price ended at $0.999755 on 月曜日, after dropping 0.02%
On Feb 09, 2026 00:00, the price of FRXUSD fell by 0.02%, dropping from $1.00 to $0.999755 with 24h trading volume reaching $4.3M FRXUSD.