Frax
$
2.21

- Trading Volume(24h) 12.58% $ 14,084,108.871
- Circulating Market Cap$ 199,499,938.33 #210
- Fully Diluted Valuation$ 221,237,501.74
- Circulating Supply89,887,347.61 FXS
- Total Supply99,681,495.591 FXS
- All-time High --
- All-time Low --
- Max Supply 99,681,495.591 FXS
- Contract Address
- Supported Exchanges +27
- Launched Dec, 2020
1h | 24h | 7d | 30d | 60d | 90d |
0.28% | 9.41% | 14.41% | 16.83% | 46.77% | 7.99% |
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
$
2.21

- Trading Volume(24h) 12.58% $ 14,084,108.871
- Circulating Market Cap$ 199,499,938.33 #210
- Fully Diluted Valuation$ 221,237,501.74
- Circulating Supply89,887,347.61 FXS
- Total Supply99,681,495.591 FXS
- All-time High --
- All-time Low --
- Max Supply 99,681,495.591 FXS
- Contract Address
- Supported Exchanges +27
- Launched Dec, 2020
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APX Finance
@APX_Finance
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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