Frax ranks #618 by market capitalization, at $28.18M. It belongs to the DeFi sector (Synthetic Assets). It has traded since Dec 17, 2020, across 137 markets on 9 exchanges, with $689.02K of volume in the last 24 hours. Its all-time high of $49.76 was reached on Dec 20, 2020; the current price is 99.5% below that peak. Its cycle low of $0.226342 came on Jun 30, 2026.
93.57M FRAX are in circulation. 99.5% of the token allocation has been unlocked. On Ethereum, 17,844 addresses hold FRAX. It is available on 7 networks.
About Frax
Frax Share (FXS) is the governance token of the Frax Finance protocol, which is a decentralized stablecoin system. FXS holders have voting rights within the Frax ecosystem, influencing decisions such as fee distribution and collateral ratios. The token also captures economic value and utility within the protocol, as changes in Frax protocol parameters can lead to FXS being burned or minted, impacting its supply and value. This design aligns token holder interests with the long-term health and adoption of Frax stablecoins.
Ethereum17.7K