Frax Finance is a full suite DeFi solution, consisting of a Fraxlend isolated lending market, a FraxSwap AMM, a FRAX fully-collateralized stablecoin, a frxETH liquid staking derivative, and a FraxFerry bridge. Frax is governed by FXS token holders. Although the protocol first started as a fractional-reserve stablecoin, where excess FXS could be minted and sold in case of a FRAX de-peg scenario, the team has now shifted priority to full collateralization.
Frax ShareFXS
Live Frax Share price updates and the latest Frax Share news.
price
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$2.23
$0
(0%)
24h low
$2.23
24h high
$2.34
The live Frax Share price today is $2.23 with a 24-hour trading volume of $18.32M. The table above accurately updates our FXS price in real time. The price of FXS is down -0.25% since last hour, down -0.90% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $222.29M. FXS has a circulating supply of 88.86M coins and a max supply of 99.68M FXS.
about Frax Share
What is Frax Share?
Frax Share Stats
What is the market cap of Frax Share?
The current market cap of Frax Share is $197.79M. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Frax Share?
Currently, 8.22M of FXS were traded within 24 hours of time. In other words, $18.32M have changed hands within the past 24 hours through trading. That's a change of -0.90%.
What is the current price of Frax Share?
The price of 1 Frax Share currently costs $2.23.
How many Frax Share are there?
The current circulating supply of Frax Share is 88.86M. This is the total amount of FXS that is available.
What is the relative popularity of Frax Share?
Frax Share (FXS) currently ranks 287 among all known cryptocurrency assets. The popularity is based on relative market cap.
market data
Market Cap
$ 197.79M
-0.90 %
Market Cap Rank
#287
24H Volume
$ 18.32M
Circulating Supply
89,000,000
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recent research
Research
Bluefin possibly stands at an inflection point. The token is near an all-time low yet the protocol’s spot volume market share and derivatives exchange usage have been increasing month over month since its November launch. Given its current market position and the upcoming upgrades (for both Bluefin and SUI), there may be upside potential before the increased supply growth in December. However, strong opposition from existing competitors (like Cetus and Suilend), as well as new entrants (like Aftermath), pose key challenges to Bluefin’s medium-term success.
Research
Outside of stablecoins, the value of tokenized assets sits below $20B, dominated by the following asset classes: private credit, US Treasuries, commodities, institutional alternative funds, stocks, non-US government debt, and corporate bonds. In the coming months, we see the greatest opportunities in the tokenization of illiquid markets, particularly private equity. However, the successful integration of offchain assets into blockchain ecosystems relies heavily on clear and consistent regulatory frameworks, with purpose-built infrastructure to support it.