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FundraisingMarket

Frax

FXS

RootdataList 2023

Stablecoin Protocol

$

3.83

-1.56%
  • Trading Volume(24h)
    -48.53% $ 38,131,400.038
  • Circulating Market Cap
    $ 347,936,750.581 #170
  • Fully Diluted Valuation
    $ 382,483,346.39
  • Circulating Supply
    90,678,080.487 FXS
  • Total Supply
    99,681,495.591 FXS
  • Contract Address
    0x3432...64d0
  • Supported Exchanges
    Binance
    Bitget
    OKX
    +27
  • Launched Dec, 2020
Comparison:
1h 24h 7d 30d 60d 90d
1.06% 1.55% 25.71% 103.15% 81.18% 104.01%

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.

Tags: DeFi LSD Stablecoin Protocol
Ecosystem(15): Ethereum BNB Chain Polygon Arbitrum Optimism Avalanche Sonic Scroll Boba Harmony Aurora Fuse Evmos Moonriver Moonbeam
Formerly: Decentral Bank
Founded: 2019

Fundraising

Investments

Subsidiary Organizations

Fraxtal

EVM equivalent rollup

Related News

$

3.83

-1.56%
  • Trading Volume(24h)
    -48.53% $ 38,131,400.038
  • Circulating Market Cap
    $ 347,936,750.581 #170
  • Fully Diluted Valuation
    $ 382,483,346.39
  • Circulating Supply
    90,678,080.487 FXS
  • Total Supply
    99,681,495.591 FXS
  • Contract Address
    0x3432...64d0
  • Supported Exchanges
    Binance
    Bitget
    OKX
    +27
  • Launched Dec, 2020

How do you feel about $FXS today?

Total Votes 7935

Voted
67.6%
Voted
32.4%
Bullish
Bearish

How about Frax?

Comments are posted by users and do not constitute financial advice

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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