frxUSD PegKeeper Pools Head Toward Record Volume Month in June

🌊 frxUSD's June surge

By Frax
Jun 22, 2026, 3:03 PM
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June is tracking toward record-breaking trading volumes for frxUSD PegKeeper pools, despite Bitcoin's decline.​ Stablecoin activity remains robust, with multiple protocols selecting frxUSD as their primary stablecoin pairing.​

Key developments:

  • Top volume drivers include Curve Finance's crvUSD and Metronome's msUSD pools
  • Parallel Finance's USDp chose frxUSD for default liquidity on Hyperliquid's HyperEVM, becoming the top Curve pool
  • Alto whitelisted frxUSD in its permissioned PSM to mint DUSD, with a new DUSD/frxUSD Curve pool now live
  • frxUSD recently surpassed $1B in total trading volume

Market volatility appears to be driving increased stablecoin trading activity, with frxUSD gaining traction as a preferred liquidity pair across multiple DeFi protocols.​

Sources

Alto has selected frxUSD as a default stablecoin for liquidity: ¤ frxUSD is whitelisted in Alto's permissioned PSM to mint DUSD ¤ A new DUSD / frxUSD Curve pool is live, with the underlying frxUSD yield flowing to LPs Get started: curve.finance/dex/ethereum/p…

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Alto is strengthening its liquidity position within the Curve ecosystem in partnership with Frax Finance. Curve and Frax are two of the most reputable and bulletproof protocols in the space. This partnership will allow Alto to grow in a scalable and self-sustaining manner

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