Frax Finance
Stablecoin · Synthetic Yield-Bearing · FXS
NetworkStablecoinStakingSynthetic Yield-BearingRWA-BackedYield-Bearing6 coinsAudited
Frax issues FRAX, the RWA-backed frxUSD (via BlackRock BUIDL), and the yield-bearing sFRAX, bridging algorithmic origins to institutional RWA backing.
Hybrid stablecoin pivoting to RWA backing.
FXS price
$0.9885
-0.2% 24h
Latest data · 15 min delay
Research
Components, facts, FAQ, timeline, and tokenomics in one place
Main component
1
Frax Finance core product
Frax issues FRAX, the RWA-backed frxUSD (via BlackRock BUIDL), and the yield-bearing sFRAX, bridging algorithmic origins to institutional RWA backing.
Differentiator
First-mover hybrid algo-collateral stablecoin, now pivoted to RWA-backed frxUSD with BUIDL — an institutional bridge to DeFi.