Frax USD
FRXUSD#282$0.999795-0.03%
Frax USD (FRXUSD) is a dollar-pegged stablecoin — a cryptocurrency engineered to track the value of 1 US dollar as closely as possible. At the time of this Frax USD report, FRXUSD trades at roughly $0.9998, demonstrating the tight peg that users rely on from a USD-linked asset. Its market capitalization sits at approximately $138 million, with daily trading volume near $4.5 million, placing it in the mid-tier of the crypto landscape with noticeably more liquidity than many smaller tokens. Stability, not price appreciation, is the core value proposition here. Traders and on-chain participants turn to FRXUSD as a parking asset when markets get choppy, a base pair for executing trades, or a convenient way to transfer value on crypto rails without drifting far from the dollar. That defensive role sets it apart from speculative coins chasing upside. The trade-off is simple. A stablecoin delivers value only as long as it holds its peg and remains liquid across exchanges. This Frax USD analysis April snapshot shows FRXUSD hugging the $1 mark, yet users should still monitor market depth, order-book liquidity, and any brief deviations above or below the peg — factors that matter for any Frax USD forecast going forward.
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Frax USD is a stablecoin — a type of cryptocurrency built to stay close to 1 US dollar rather than swing wildly in price. People mainly use it to hold a steadier value, trade between other crypto assets, or move funds during volatile markets without losing purchasing power.
Smart contract risk scan — checks for honeypots, hidden taxes and more.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from September 3, 2026
This analysis is refreshed automatically in the background.
Rating
Confidence
Frax USD is a dollar-pegged stablecoin, but with no current price or recent performance figures on hand, there's no reliable way to confirm how well it's actually holding its link to the US dollar. Broader crypto sentiment, meanwhile, sits at 65 on the Fear & Greed Index (Greed territory), pointing to an optimistic market overall — though the drop from 73 to 65 over the past week suggests that optimism is starting to fade. On the transparency side, Frax USD benefits from open-source code and carries no honeypot flag, but its security score of just 55 keeps things only moderately reassuring. A bigger concern is concentration: the ten largest addresses hold 85.16% of all circulating tokens. Put together, this investment research (MiFID II Del. Reg 2017/565 Art. 36) paints a mixed picture — decent sentiment on one hand, notable security, concentration, and data gaps on the other.
No current news available at this time.
With no current price and no 24-hour, 7-day, or 30-day change data available, tracking Frax USD's recent movement isn't possible right now. Its all-time high stands at $1.088, set on April 12, 2026, but without a current value there's nothing to measure that against. Since this is a USD-pegged stablecoin, the key question is really whether it's trading close to one dollar — and that simply can't be verified with the data at hand. Trading volume and market capitalization are also missing, which makes it hard to gauge liquidity or real demand in the market.
The Fear & Greed Index reads 65 (Greed), pointing to optimistic sentiment across crypto markets — though the seven-day slide from 73 to 65 (an 8-point drop) shows that enthusiasm is cooling, which tempers how much weight this signal should carry. On the macro side, the Federal Funds Rate holds steady at 3.63%, while annual inflation has eased from 3.73% to 3.54%, creating a somewhat friendlier backdrop for risk assets generally. The Dollar Index has ticked up from 118.36 to 118.75; a strengthening dollar can weigh on the broader crypto market, even for a dollar-referenced asset like Frax USD. A reliable 90-day Fear & Greed comparison and up-to-date regulatory information aren't available, so neither can be factored in here.
The picture is mixed. Open-source code, broad blockchain coverage, and a Fear & Greed reading of 65 lend some support, but a security score of 55, heavy token concentration, and missing core metrics leave real uncertainty around this investment research (MiFID II Del. Reg 2017/565 Art. 36).
Current price and performance figures simply aren't available right now, so recent movement can't be reliably explained. There's no current news or on-chain flow data either, which means there's no factual basis for tying any price action to a specific event.
On the strength side: transparent, open-source code, no honeypot flag, a non-mintable contract, and presence across many blockchain ecosystems. On the risk side: a security score of 55, a proxy-based contract structure, 85.16% token concentration among the ten largest addresses, and gaps in the data needed to confirm price stability and network activity.
Market sentiment as a contrarian reality check for this analysis.
Balanced sentiment
Sentiment is balanced. In this zone, coin-specific fundamentals and on-chain data usually matter more than macro mood alone.
Historical BTC performance
When the index sat between 40 and 59, BTC historically moved an average of +3.0% after 30 days and +9.0% after 90 days.
Current
48
out of 100
Neutral
Frax USD is holding steady at $0.999751, with no change recorded over either the seven-day or 30-day window — a clear sign its dollar peg is doing exactly what it's supposed to. The 24-hour move of just +0.01659% fits the profile of a stablecoin built to sit near $1 rather than chase gains. Broader crypto sentiment leans optimistic, with the Fear & Greed Index at 71 (Greed), though that's a slight dip from 72 a week ago. But that positive backdrop is tempered by a security trust score of just 55, an upgradeable contract structure, and heavy concentration — the 10 largest addresses hold 85.62% of all tokens. Add to that zero recorded code commits over the past four weeks, plus missing on-chain activity and token-unlock data, and you get a mixed picture: the dollar peg is solid, but questions around security, concentration, and transparency keep this coin analysis from leaning clearly bullish.
This content was created with the assistance of generative AI. Learn more
$0.999795
24h
-0.03%
7d
-0.03%
30d
+0.00%
Max supply isn't known.