Legacy Frax Dollar FRAX

About Legacy Frax Dollar

Legacy Frax Dollar is the original Frax ecosystem US dollar stablecoin. It was designed as a crypto-backed and algorithmic stable asset for payments, liquidity, and DeFi use before the ecosystem introduced newer Frax dollar products such as frxUSD. FRAX remains tracked as a legacy dollar-denominated asset within the Frax stablecoin stack.