Frax USD

FRXUSD#247

$0.999508-0.02%

Website ↗X / Twitter ↗Telegram ↗Explorer ↗

Market Cap

$109.60M

24h Volume

$2.34M

FDV

$109.60M

All-Time High

$1.01

-0.71%

Circulating FRXUSD

109,659,630

Total FRXUSD

109,659,630

Max FRXUSD

∞

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…

Security · Rug check

50RISK

RISKY

Tradable but risky — lp not secured (0% locked).

Source: GoPlus security

Risk signals

LP not secured (0% locked) — Liquidity can be pulled — the classic rug.
▸ Why is this risky?
What it means: The trading pool's funds don't appear to be locked or burned, so whoever controls them can pull them out.
How scammers use it: This is the classic rug: the team waits for buyers to add money, then removes all the liquidity, collapsing the price to zero.
What to do: Don't buy unless you can see proof the liquidity is locked or burned. Unverified is a real risk, not a neutral.
Top holder owns 31.1% — Notable concentration.
▸ Why is this risky?
What it means: A single non-pool wallet controls a large share of the total supply.
How scammers use it: That holder can dump their entire bag at once, crashing the price and leaving everyone else underwater.
What to do: Be very cautious when one wallet holds a big slice — a single sell can wipe out the price.
Upgradeable (proxy) — Logic can be changed by the owner.

No honeypot — sells work Fixed supply (not mintable) Ownership renounced Low taxes (≤5%) Verified source code