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About FRXUSD and RED
Frax USD is climbing, while Redstone is falling this week. The current FRXUSD to RED conversion rate is 9.30. Inversely, this means that if you convert 1 RED you will get 0.1075 FRXUSD. The conversion rate of FRXUSD/RED has increased by 1.35% in the last hour (RED/FRXUSD decreased by 1.35%). In the last 24 hours, FRXUSD/RED grew by 3.23%, while RED/FRXUSD shrunk by the same amount.
The exchange rate of Frax USD is increasing. The current value of 1 FRXUSD is 9.30 RED. In other words, to buy 5 Frax USD, it would cost you 46.50 RED. Inversely, 1 RED would allow you to trade for 0.1075 FRXUSD while 50 RED would convert to 5.38 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.21%. Meanwhile, in the last 24 hours, the rate has changed by 3.59%, which means that the highest exchange rate of 1 FRXUSD to RED was 9.76 RED and the lowest 24 hour value was 1 FRXUSD for 8.57 RED. Last month, 1 FRXUSD was worth 7.04 RED. Today, it's up 24.34%. Looking back a year, Frax USD has changed by 3.08 RED. That means that in a single year, the value of Frax USD has grown by 66.86%.
Frax USD Market Stats
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.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
FRXUSD to RED values from Today at 4:52 am
0.5 FRXUSD = 4.65 RED |
1 FRXUSD = 9.30 RED |
5 FRXUSD = 46.50 RED |
10 FRXUSD = 93.00 RED |
50 FRXUSD = 465.01 RED |
100 FRXUSD = 930.02 RED |
500 FRXUSD = 4,650.08 RED |
1,000 FRXUSD = 9,300.17 RED |
RED to FRXUSD values from Today at 4:54 am
0.5 RED = 0.05376 FRXUSD |
1 RED = 0.1075 FRXUSD |
5 RED = 0.5376 FRXUSD |
10 RED = 1.08 FRXUSD |
50 RED = 5.38 FRXUSD |
100 RED = 10.75 FRXUSD |
500 RED = 53.76 FRXUSD |
1,000 RED = 107.52 FRXUSD |
FRXUSD to RED over time
FRXUSD | Today | 24H 3.59% | 1M 24.34% | 1Y 66.86% |
|---|---|---|---|---|
0.5 FRXUSD | 4.65 RED | 4.48 RED | 3.52 RED | 1.54 RED |
1 FRXUSD | 9.30 RED | 8.97 RED | 7.04 RED | 3.08 RED |
5 FRXUSD | 46.50 RED | 44.83 RED | 35.18 RED | 15.41 RED |
10 FRXUSD | 93.00 RED | 89.66 RED | 70.36 RED | 30.82 RED |
50 FRXUSD | 465.01 RED | 448.31 RED | 351.82 RED | 154.09 RED |
100 FRXUSD | 930.02 RED | 896.62 RED | 703.65 RED | 308.18 RED |
500 FRXUSD | 4,650.08 RED | 4,483.11 RED | 3,518.23 RED | 1,540.89 RED |
1,000 FRXUSD | 9,300.17 RED | 8,966.23 RED | 7,036.45 RED | 3,081.77 RED |
Frequently asked questions
Right now, 1 Frax USD is worth about $0.9998.
Based on the current rate, you could get 1.00 FRXUSD for 1 USD.
Frax USD price has been on the rise. Since yesterday, the exchange rate of Frax USD has increased. Since last month, the exchange rate of Frax USD has decreased. Since this time last year, the price of Frax USD has increased.
You can use our FRXUSD to USD calculator at the top of this page to convert any amount of FRXUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 FRXUSD. Inversely, 5 FRXUSD will cost about $5.00
Frax USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax USD.
There are a number of crypto assets that have the a similar or comparable market cap to Frax USD, including Circle Internet Group Tokenized Stock (Ondo), Alphabet tokenized stock (xStock), and Ailey. For a more robust list of assets to explore, jump to the asset page dedicated to Frax USD.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.