Frax (FRAX) is currently priced at $0.99 USD. The price has increased 0.04% in the last 24 hours. It has a market capitalization of $217,699,463.128. Fully diluted valuation: $217,699,463.128. Circulating supply is 219,310,245.873 FRAX. Total supply is 219,310,245.873 FRAX.
$0.99
- 1D
- +0.04%
- 1M
- −0.01%
- 3M
- −0.36%
- 1Y
- −0.79%
Market Cap$217.7M
Fully Diluted$217.7M
About Frax
This token is the original Frax stablecoin, now known as Legacy Frax Dollar, issued by Frax Finance on Ethereum and designed to track 1 US dollar. It was launched as a fractional-algorithmic stablecoin backed partly by collateral and partly by the protocol's governance token, and later moved to full collateralization. Following Frax's North Star upgrade, the legacy FRAX stablecoin is being converted to frxUSD, while the FRAX ticker was reassigned to the former FXS governance and Fraxtal gas token.