Frax USD is a dollar-denominated token tracked across 15 chains. No verified issuer disclosure is on file, so its collateral and legal structure score conservatively.
Get alerted when FRXUSD moves
Email me when FRXUSD crosses 0.5% from $1.00 or its safety score changes.
One list, no spam, unsubscribe any time. Informational only, not financial advice.
Where to get FRXUSD
Every venue that sells Frax USD, ranked by what a purchase actually costs once fees, spread and the withdrawal to your chain are counted.
Cheapest route: Transak — you receive about $981 of FRXUSD from $1,000 (1.89% all-in, straight to your wallet).
| Venue | Type | Fee | Spread | Withdrawal | All-in cost | You receive | Verified | Go |
|---|---|---|---|---|---|---|---|---|
| On-ramp | 0.99% | 0.90% | direct to wallet | $19 1.89% | $981 | 2026-08-11 Fee accurate? | Buy on Transak | |
| On-ramp | 1.00% + $4 | 1.00% | direct to wallet | $24 2.40% | $976 | 2026-08-11 Fee accurate? | Buy on MoonPay | |
| On-ramp | 1.50% | 1.20% | direct to wallet | $27 2.70% | $973 | 2026-07-28 Fee accurate? | Buy on Banxa |
Estimates built from published fee schedules — the final price is shown at venue checkout. Partner links never change this ranking.
Put it to work
No yield on FRXUSD currently clears our vetting bar ($100M+ TVL, 1yr+ track record). Rates below that bar exist — see the yield hub for the unvetted list and why we separate them.
Alternatives worth knowing
Spend it
No card in our directory spends FRXUSD directly. Swapping into USDC or USDT first is the usual route — factor the swap cost in.
Compare every cardSupply history
Safety score: 69/100 — Adequate
- Collateral quality & transparency (30%)55
What actually backs the token and how often it is verified. Treasury-backed with daily or on-chain proof scores highest; unattested reserves score lowest.
- Peg stability (25%)97
Live deviation from $1.00 plus the worst historical depeg on record. A single deep depeg keeps weighing on the score.
- Liquidity depth (20%)81
Tracked on-chain pool liquidity in absolute dollars and as a share of circulating supply — how much can exit before the price moves.
- Issuer & legal structure (15%)48
Regulatory status of the issuer and whether holders have a direct redemption right or only a secondary market exit.
- Track record (10%)53
Years in production, minus documented incidents.
Issuer & structure
- Regulatory regime
- Issuer
- Undisclosed
- Jurisdiction
- Not documented
- Collateral
- fiat-backed
- Peg mechanism
- fiat-backed
- Attestation
- none
- Redemption
- market-only
- Issuer can freeze balances
- Unknown / not disclosed
- Attestor
- —
- Launched
- —
- Website
- —