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Frax

Live Frax price updates and analytics. Powered by CoinGecko API

$0.993995

-$0.02933570

2.95%

$0.992604

24h range

$1.003

The live price of Frax today is $0.99 with a 24-hour trading volume of $4.51M. The table above accurately updates our Frax price in real time. The price of Frax is -2.95% in the last 24 hours. The live market cap is $274.53M. Frax has a circulating supply of 670.674M coins and a max supply of 670.674M. The fully diluted valuation is $666.65M.

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About

Frax Finance is a fractional-algorithmic stablecoin protocol that uses both collateralization and algorithmic processes to create its decentralized stablecoin, FRAX. The collateral ratio, which is the ratio of collateral needed to back $1 of FRAX, varies with time and is solely determined by market forces. Only stablecoins are currently accepted as collateral by the protocol, with plans to accept more volatile collateral like wrapped BTC as the protocol is increasingly adopted

Frax FAQs

What is the market cap of Frax?

The current market cap of Frax is $274.53M. A high market capitalization implies that the asset is highly valued by the market.

What is the current trading activity of Frax?

Currently 4.54M of Frax were traded within 24 hours. In other words, $4.51M have changed hands in the past 24 hours. That's a change of 0.04%.

What is the current price of Frax?

The price of 1 Frax currently costs $0.99.

How many Frax are there?

The current circulating supply of Frax is 670.67M. This is the total amount of Frax that is available.

What is the relative popularity of Frax?

Frax currently ranks 198 among all known cryptocurrency assets. The popularity is based on relative market cap.

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