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FundraisingMarket

Frax

FXS

RootdataList 2023

Stablecoin Protocol

$

3.05

-0.06%
  • Trading Volume(24h)
    10.3% $ 22,606,912.03
  • Circulating Market Cap
    $ 277,448,088.963 #190
  • Fully Diluted Valuation
    $ 304,990,410.73
  • Circulating Supply
    90,679,704.947 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
0.39% 0.05% 22.81% 26.67% 35.45% 81.74%

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

$

3.05

-0.06%
  • Trading Volume(24h)
    10.3% $ 22,606,912.03
  • Circulating Market Cap
    $ 277,448,088.963 #190
  • Fully Diluted Valuation
    $ 304,990,410.73
  • Circulating Supply
    90,679,704.947 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 8010

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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