RootData App has been newly upgraded with features such as Token Unlock data. [Click here to download]
API
Token Unlocks Market People
Download the RootData App
search
FundraisingMarket

Frax

FXS

RootdataList 2023

Stablecoin Protocol

$

2.4

8%
  • Trading Volume(24h)
    49.77% $ 27,966,634.464
  • Circulating Market Cap
    $ 215,137,085.923 #210
  • Fully Diluted Valuation
    $ 239,472,446.89
  • Circulating Supply
    89,551,790.864 FXS
  • Total Supply
    99,681,495.591 FXS
  • All-time High
    --
  • All-time Low
    --
  • Max Supply 99,681,495.591 FXS
  • Contract Address
    0x3432...64d0
  • Supported Exchanges
    Binance
    Bitget
    OKX
    +28
  • Launched Dec, 2020
Comparison:
1h 24h 7d 30d 60d 90d
0.52% 8.01% 35.43% 2.41% 48.67% 11.11%

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.

Tags: DeFi LSD Stablecoin Protocol
Ecosystem(15): Ethereum BNB Chain Polygon Arbitrum Optimism Avalanche Sonic Scroll Boba Harmony Aurora Fuse Evmos Moonriver Moonbeam
Formerly: Decentral Bank
Founded: 2019

Fundraising

Investments

Subsidiary Organizations

Fraxtal

Fraxtal

EVM equivalent rollup

Related News

$

2.4

8%
  • Trading Volume(24h)
    49.77% $ 27,966,634.464
  • Circulating Market Cap
    $ 215,137,085.923 #210
  • Fully Diluted Valuation
    $ 239,472,446.89
  • Circulating Supply
    89,551,790.864 FXS
  • Total Supply
    99,681,495.591 FXS
  • All-time High
    --
  • All-time Low
    --
  • Max Supply 99,681,495.591 FXS
  • Contract Address
    0x3432...64d0
  • Supported Exchanges
    Binance
    Bitget
    OKX
    +28
  • Launched Dec, 2020

How do you feel about $FXS today?

Total Votes 7308

Voted
68.2%
Voted
31.8%
Bullish
Bearish

How about Frax?

Comments are posted by users and do not constitute financial advice

Significant Events

Jul, 2021

Frax completed a strategic financing

Dec 21, 2020

Frax was live on mainnet

Dec, 2020

$FXS was live for trading

Similar Projects

Gravita Protocol

An $ETH-centric Borrowing Protocol for LSTs

Mori Finance

Native stable protocol based on LSD assets

Aave

Decentralized lending-borrowing protocol

Ether.Fi

Decentralized staking protocol

Parrot Protocol

DeFi network built on Solana

Abracadabra

Cross-chain stablecoin lending protocol

Solv Protocol

Decentralized Bitcoin Staking Protocol

Angle Protocol

Novel stablecoin framework