FRXUSD • Rank #242
FRXUSD is currently trading at $1.00, up 0.01% over the last 24 hours, with 24h volume $0.00B and an intraday high / low of $1.00 / $1.00.
Zooming out: 7-day +0.03%, 30-day +0.02% — currently in an uptrend, and -8.08% from its all-time high of $1.09.
Why is FRXUSD up today? Short-term moves are driven by supply, demand, volume and the broader market. This page presents FRXUSD's performance today and its recent trend from live data to help you judge quickly — without asserting a specific cause.
Data from CoinGecko, updated daily; not investment advice.
Frax USD (FRXUSD) is a Stablecoins asset, currently ranked #242 by market cap. Its 7-day performance of +0.03% places it in an uptrend; with a 24h move of +0.01%, it qualifies as low-volatility.
CoinTech2u's AI bot supports automated FRXUSD/USDT perpetual trading on Binance, Bybit, OKX, and Bitget. 96.5% of strategies run hedge mode by default (long + short simultaneously) — which works especially well for low-volatility assets because both sides capture profit when price chops in either direction. The system-level stop-loss only triggers on 0.054% of orders, keeping liquidation risk extremely low.
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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.
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