Frax
FXS
Stablecoin Protocol
$
1.77
-2.25% - All-time high $ 42.8 (Jan 12, 2022)
- All-time low $ 1.26 (Mar 11, 2025)
- Trading Volume(24h) -29.4% $ 10,333,926.399
- Circulating Market Cap$ 157,919,790.003 #218
- Fully Diluted Valuation$ 176,964,797.53
- Circulating Supply88,953,741.48 FXS
- Total Supply99,681,495.591 FXS
- Max Supply 99,681,495.591 FXS
- Contract Address
0x3432...64d0 - Supported Exchanges
+29 - Launched Dec, 2020
| 1h | 24h | 7d | 30d | 60d | 90d |
| 0.26% | 2.24% | 10.72% | 18.48% | 32.80% | 22.78% |
Details
Frax Finance is a stablecoin protocol issues innovative, decentralized stablecoins and contains subprotocols to support them. The Frax Protocol currently issues 3 stablecoins: FRAX, FPI, and frxETH. FRAX v3 is a dollar-pegged stablecoin that uses AMO smart contracts and permissionless, non-custodial subprotocols as stability mechanisms. The two internal subprotocols used as stability mechanisms are Fraxlend, a decentralized lending market and Fraxswap, an automated market maker (AMM) with special features. The external subprotocol used as a stability mechanism is Curve.
Fundraising
Subsidiary Organizations
Related News
$
1.77
-2.25% 
- All-time high $ 42.8 (Jan 12, 2022)
- All-time low $ 1.26 (Mar 11, 2025)
- Trading Volume(24h) -29.4% $ 10,333,926.399
- Circulating Market Cap$ 157,919,790.003 #218
- Fully Diluted Valuation$ 176,964,797.53
- Circulating Supply88,953,741.48 FXS
- Total Supply99,681,495.591 FXS
- Max Supply 99,681,495.591 FXS
- Contract Address 0x3432...64d0
- Supported Exchanges +29
- Launched Dec, 2020
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Total Votes 6999
Frax Finance ¤⛓️¤
@fraxfinance
Significant Events
Jul, 2021
Frax completed a strategic financing
Dec 21, 2020
Frax was live on mainnet
Dec, 2020
$FXS was live for trading
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