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About FRXUSD and RED
Frax USD is falling, while Redstone is climbing this week. The current FRXUSD to RED conversion rate is 6.63. Inversely, this means that if you convert 1 RED you will get 0.1508 FRXUSD. The conversion rate of FRXUSD/RED has decreased by 0.73% in the last hour (RED/FRXUSD increased by 0.74%). In the last 24 hours, FRXUSD/RED shrunk by 1.1%, while RED/FRXUSD grew by 1.11%.
The exchange rate of Frax USD is decreasing. The current value of 1 FRXUSD is 6.63 RED. In other words, to buy 5 Frax USD, it would cost you 33.15 RED. Inversely, 1 RED would allow you to trade for 0.1508 FRXUSD while 50 RED would convert to 7.54 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.87%. Meanwhile, in the last 24 hours, the rate has changed by 1.31%, and that the highest exchange rate of 1 FRXUSD to RED was 6.75 RED and the lowest 24 hour value was 1 FRXUSD for 6.57 RED. Last month, 1 FRXUSD was worth 6.62 RED. Today, it's up 0.15%. Looking back a year, Frax USD has changed by 3.12 RED. That means that in a single year, the value of Frax USD has grown by 112.7%.
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 3:15 am
0.5 FRXUSD = 3.31 RED |
1 FRXUSD = 6.63 RED |
5 FRXUSD = 33.15 RED |
10 FRXUSD = 66.29 RED |
50 FRXUSD = 331.46 RED |
100 FRXUSD = 662.92 RED |
500 FRXUSD = 3,314.59 RED |
1,000 FRXUSD = 6,629.17 RED |
RED to FRXUSD values from Today at 3:16 am
0.5 RED = 0.07542 FRXUSD |
1 RED = 0.1508 FRXUSD |
5 RED = 0.7542 FRXUSD |
10 RED = 1.51 FRXUSD |
50 RED = 7.54 FRXUSD |
100 RED = 15.08 FRXUSD |
500 RED = 75.42 FRXUSD |
1,000 RED = 150.85 FRXUSD |
FRXUSD to RED over time
FRXUSD | Today | 24H -1.33% | 1M 0.15% | 1Y 52.99% |
|---|---|---|---|---|
0.5 FRXUSD | 3.31 RED | 3.36 RED | 3.31 RED | 1.56 RED |
1 FRXUSD | 6.63 RED | 6.72 RED | 6.62 RED | 3.12 RED |
5 FRXUSD | 33.15 RED | 33.59 RED | 33.10 RED | 15.58 RED |
10 FRXUSD | 66.29 RED | 67.17 RED | 66.20 RED | 31.17 RED |
50 FRXUSD | 331.46 RED | 335.87 RED | 330.98 RED | 155.83 RED |
100 FRXUSD | 662.92 RED | 671.74 RED | 661.95 RED | 311.66 RED |
500 FRXUSD | 3,314.59 RED | 3,358.69 RED | 3,309.76 RED | 1,558.32 RED |
1,000 FRXUSD | 6,629.17 RED | 6,717.37 RED | 6,619.52 RED | 3,116.63 RED |
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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.