Bulletin No. 1,441 of the indexed recordSep 16, 2026··:··:·· UTC

Fraxtal Open Ledger

Economic bulletin of the Frax Ether economy, issued continuously from the chain itself.

Fraxtal block41,366,618Ethereum block25,988,563Events indexed57,776,037
LIVE WIRE
listening for the next indexer poll…
I

The economy at a glance

Two chains, five instruments, one continuous record since October 2022.

Transfers settled today, both chains, since 00:00 UTC
41,164
full day yesterday · 145,42030 days
frxUSD in circulation
104.7M
net issuance, Fraxtal and Ethereum
sfrxUSD in the savings vault
18.6M
net issuance on Fraxtal
WFRAX in circulation
36.5M
net issuance on Fraxtal
frxETH on Ethereum
61.5K
net minter issuance
II

Circulation on Fraxtal

Daily transfer activity across the five Fraxtal instruments. The chain settles tens of thousands of movements a day.

Fig. 01
Transfers per day by instrument, Fraxtal, 90 days
Each band is one token. Hover any day for the full breakdown.
frxETHsfrxETHfrxUSDsfrxUSDWFRAX
Fig. 02
frxUSD moved per day on Fraxtal, 90 days
Transfer volume of the dollar instrument, in frxUSD.
III

Reserve operations on Ethereum

The mainnet desk: ETH enters the minter, sfrxETH vault flows, and the redemption queue.

Fig. 03
sfrxETH vault flows, 120 days
Deposits enter above the line, withdrawals leave below it, in ETH.
deposits inwithdrawals out
Fig. 04
ETH submitted to the minter, 120 days
Fresh ETH handed to the frxETH minter, V1 and V2 combined.
Open redemption tickets
153
NFT tickets awaiting maturity
Validator deposits, lifetime
7,483
32 ETH beacon-chain deposits
ETH submitted, lifetime
360.8K
V1 and V2 minters combined
sfrxETH vault shares
37.2K
reconciled from deposit and withdraw events
Table A
The redemption queue, latest entries
TicketQueueHolderfrxETHMatures
#1852V10x5ea1…b9059.06Oct 13, 2026
#1851V10x7794…dac00.0545Oct 9, 2026
#1850V10xfd56…a8fd0.2842Oct 7, 2026
#1849V10xdc86…6d910Oct 7, 2026
#1848V10x21b9…99d00.0584Oct 5, 2026
#1847V10xf1c7…cb8b150Oct 4, 2026
Table B
Latest ETH into the minter
EraSenderETHDateTx
V20xd431…d9f814.94Sep 15, 20260x3a1a…8c32
V10x8f10…f9960.01Sep 5, 20260x6c67…9511
V10x8f10…f9960.01Sep 5, 20260x61ab…dcec
V10x8f10…f9960.01Sep 5, 20260xdb88…e214
V10x8f10…f9960.0235Sep 5, 20260x5648…60ae
V10x8f10…f9960.01Sep 4, 20260x89fc…6ff7
IV

The ledger

The full balance sheet of the record: every instrument, every chain, lifetime and last 24 hours.

Table C
Issuance and activity by instrument
InstrumentChainMinted, lifetimeBurned, lifetimeNet issuanceTransfers, lifetimeTransfers 24h
frxETH *Fraxtal1,1754,422−3,24717,891,42821,990
sfrxETHFraxtal6,5324,8541,6781,604,13826
frxUSDFraxtal373.4M361.3M12.1M14,041,4858,801
sfrxUSDFraxtal106.5M87.9M18.6M1,113,68732
WFRAXFraxtal68.0M31.5M36.5M9,170,3179,977
frxETHEthereum393.4K331.9K61.5K436,68992
sfrxETHEthereum1.2M1.1M37.2K157,6331
frxUSDEthereum1.0B922.0M92.6M446,877245

* frxETH doubles as Fraxtal gas. Wrapping and unwrapping the native coin emits no transfer events, so its net figure reflects observed mints and burns only.

Table D
Major frxUSD accounts, both chains
RankAccountChainBalance, frxUSDTransfersLast active
010x8420…46e2Ethereum30.9M57Sep 9, 2026
020x34c0…bde2Ethereum10.5M186Sep 9, 2026
030x47b8…5f6cEthereum10.4M11Sep 1, 2026
040xf292…5978Ethereum6.3M10,533Sep 16, 2026
050x13e1…43e1Ethereum6.0M48,058Sep 16, 2026
060xbfc4…6b55Fraxtal3.4M337,135Sep 16, 2026
070xcca8…26c9Ethereum3.2M2,353Sep 16, 2026