Frax Finance Says Frax USD (frxUSD) Review Found No Critical Vulnerabilities

Simon Yoon

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Frax Finance Says Frax USD (frxUSD) Review Found No Critical Vulnerabilities

Frax Finance said the review examined custodianship, timelocked minting and bridge routing.

By Simon Yoon

Published Nov 8, 2026, 5:43 PM EST

A steel bridge model passes through a closed vault gate / TokenPost.ai

Frax Finance said it completed a security assessment of contracts in the Frax USD (frxUSD) ecosystem, which found zero critical vulnerabilities. The review was conducted by @zellic_io and covered custodianship, timelocked minting and bridge routing.

Separately, Frax Finance and DefiLlama launched a tracker showing frxUSD’s on-chain and off-chain backing on Nov. 2.

Simon Yoon

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Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.