Frax
FXS
Stablecoin Protocol
$
2.15
1.99% - Trading Volume(24h) -0.52% $ 17,189,616.334
- Circulating Market Cap$ 190,797,504.959 #216
- Fully Diluted Valuation$ 214,118,708.81
- Circulating Supply88,824,469.169 FXS
- Total Supply99,681,495.591 FXS
- Max Supply 99,681,495.591 FXS
- Contract Address
0x3432...64d0 - Supported Exchanges
+29 - Launched Dec, 2020
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
$
2.15
1.99% 
- Trading Volume(24h) -0.52% $ 17,189,616.334
- Circulating Market Cap$ 190,797,504.959 #216
- Fully Diluted Valuation$ 214,118,708.81
- Circulating Supply88,824,469.169 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 6815
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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