# Frax

> Stablecoins, cross-chain transfers, and decentralized finance

Frax is a blockchain finance ecosystem built around frxUSD, a dollar stablecoin backed by tokenized U.S. Treasury assets. Through FraxNet, users can convert supported assets into frxUSD, redeem it through available routes, and access yield features. The Frax website also provides tools for swapping tokens and bridging supported assets between networks, alongside reserve information and documentation.

The wider ecosystem includes Fraxtal, an EVM-compatible blockchain for applications, and DeFi services such as Fraxlend lending markets and Frax Ether liquid staking. Users can explore these services from a connected wallet, while developers can integrate Frax assets and contracts into their own applications. Availability, eligibility requirements, and returns depend on the selected asset, network, and service.

## Listing details

- Canonical BetaNeon page: https://betaneon.com/products/frax
- Official website: https://frax.com/
- Category: Finance / Decentralized finance
- Status: Launched
- Topics: Blockchain, Crypto lending, DeFi, Liquid staking, Stablecoins
- Listing updated: 2026-11-03T17:30:45.737Z
- Information source: https://frax.com/

This is a product introduction, not an endorsement. Confirm current availability, features, and prices on the official website. Community upvotes on BetaNeon are not star ratings.