Frax
FXS
Stablecoin Protocol
$
1.94
-1.78% - Trading Volume(24h) 11.71% $ 11,090,567.589
- Circulating Market Cap $ 157,687,090.467 #254
- Fully Diluted Valuation $ 192,928,927.88
- Circulating Supply 81,472,929.882 FXS
- Total Supply 99,681,495.591 FXS
- Contract Address
0x3432...64d0
- Supported Exchanges
+29
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
No DataInvestments
- 1
Subsidiary Organizations
$
1.94
-1.78% 
- Trading Volume(24h) 11.71% $ 11,090,567.589
- Circulating Market Cap $ 157,687,090.467 #254
- Fully Diluted Valuation $ 192,928,927.88
- Circulating Supply 81,472,929.882 FXS
- Total Supply 99,681,495.591 FXS
- Contract Address 0x3432...64d0
- Supported Exchanges +29
How do you feel about $FXS today?
Total Votes 819
Significant Events
Jul, 2021
Frax completed a strategic financing
Dec 21, 2020
Frax was live on mainnet
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