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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$0.661
$0
(0%)
24h low
$2.42
24h high
$2.55
The live Frax Share price today is $0.66 with a 24-hour trading volume of $4.60M. The table above accurately updates our FXS price in real time. The price of FXS is down -1.16% since last hour, down -1.96% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $65.91M. FXS has a circulating supply of 89.87M 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 $58.31M. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Frax Share?
Currently, 6.96M of FXS were traded within 24 hours of time. In other words, $4.60M have changed hands within the past 24 hours through trading. That's a change of -1.96%.
What is the current price of Frax Share?
The price of 1 Frax Share currently costs $0.66.
How many Frax Share are there?
The current circulating supply of Frax Share is 89.87M. This is the total amount of FXS that is available.
What is the relative popularity of Frax Share?
Frax Share (FXS) currently ranks 496 among all known cryptocurrency assets. The popularity is based on relative market cap.
market data
$ 58.31M
-1.96 %
#496
$ 4.60M
90,000,000
recent research
Research
As the year comes to an end, it’s a good time to reflect on the progress made in 2025 and how we’re positioned heading into 2026. This report outlines our key theses across each analyst's focus area, spanning capital formation, onchain spot trading platforms, prediction markets, DePIN, credit markets, perpetuals, and more.
Research
Galaxy sits at the intersection of two defining cycles in crypto and AI. Digital Assets is Galaxy’s institutional crypto franchise, spanning trading, lending, and asset management and infrastructure solutions. Helios is the company’s contracted AI HPC data center buildout, positioning Galaxy for a multi year ramp in longer duration infrastructure cash flows. Treasury and Corporate is a volatile sleeve of crypto and venture exposures that can amplify earnings swings and complicate valuation. We view this mix as both the opportunity and the challenge. It creates a rare one ticker barbell on crypto activity and contracted AI infrastructure cash flows, but it also adds complexity that can obscure earnings and delay a clean sum of the parts rerating.
by Sam Schubert
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