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Frax Finance's frxUSD ecosystem passes security audit with no critical issues found.

Protocol Fundamentals
09 Nov 2026, 00:43 WIB
Tokenpost
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Bullish
Frax Finance's frxUSD ecosystem passes security audit with no critical issues found.

Frax Finance completed a security assessment of its Frax USD (frxUSD) ecosystem contracts, conducted by Zellic.io, which found no critical vulnerabilities. The review covered key areas such as custodianship, timelocked minting, and bridge routing, ensuring the system's robustness. Additionally, Frax Finance partnered with DefiLlama to launch a tracker on November 2 that displays frxUSD's on-chain and off-chain backing, enhancing transparency for users and investors.

Frax USD (frxUSD) security review is the subject, with Pluang market data providing context. On November 9, 2026, out of 50 major cryptocurrencies priced on Pluang, only 4 rose while 45 fell. Among notable movers, BAL (Balancer) increased by 11.14% to Rp16,297, SXP (Solar) dropped 46.27% to Rp37, and ONE (Harmony) declined 18.74% to Rp31 with a typical hold time of 153 days.

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