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Frax($FRAX)
$1.0
Low $0.996262
High $1.005
What is Frax?
Fractional-Algorithmic – Frax is a one-of-a-kind stablecoin with parts of its supply collateralized and parts of its supply algorithmic. The collateralized-to-algorithmic ratio is determined by the FRAX stablecoin's market pricing. When FRA...
Fractional-Algorithmic – Frax is a one-of-a-kind stablecoin with parts of its supply collateralized and parts of its supply algorithmic. The collateralized-to-algorithmic ratio is determined by the FRAX stablecoin's market pricing. When FRAX trades above $1, the protocol reduces the collateral ratio. If FRAX falls below $1, the protocol raises the collateral ratio.
Issuance Blockchain
Ethereum
Influencers
Twitter Mentions
2 mentions
1 mentions
1 mentions
1 mentions
CoinScouts Grade
Market Statistics
Volume
$14,273,367.00
Market Cap
$1,044,984,217.00
Fully Diluted
$1,044,853,133.00
Market cap Value
1.37 %
Circulating Supply
1,044,853,133
Max Supply
1,044,853,133
Total Supply
1,044,853,133
% of Max Supply
100.00%Self Reporting
Self-Reporting Dashboard (SRD)
Statistics
Frax Statistics
Name
FraxTicker
FRAXPrice
$1.024 Hour Trading Volume
$14,273,367.0024 Hour Volume Change
4.12%Market cap
$1,044,984,217.0024 Hour Market Cap Change
0.19%Fully Diluted Market Cap
$1,044,853,133.00Price change 24 hour
-0.44%Price change 7 days
0.19%Price change 14 days
-0.64%Price change 30 days
0.09%All Time Low/High
$0.874536 | $1.14Percentage Change Since All Time High
-12.24%Percentage Change Since All Time Low
14.44%Market cap rank
#54Volume / Market Cap
0.01366Issuance Blockchain
EthereumCirculating Supply
1,044,853,133 (100.00%)Max Supply
1,044,853,133Total Supply
1,044,853,13324h Volatility
$0.00Twitter Followers
67,574Telegram Users
15,091Reddit Subscribers
0Github subs
0Github issues
0Frax Markets
Upcoming Frax Events
No upcoming events for Frax known.
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USD Balance
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#1538$0.98386
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Frax News
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across th...Read full story
y Bitcoin
Last updated 6 days ago
Neutral
In the Wake of Bank Collapses, Are Stablecoins Really That Stable?
The cryptocurrency market has been rattled by the recent collapse of SVB and the subsequent depegging of stablecoins. This incident has highlighted the need for greater transparency and accountability from stab...Read full story
y BeInCrypto
Last updated 18 days ago
Bearish
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across th... Read full story
By Bitcoin | Last updated 6 days ago |
Neutral
In the Wake of Bank Collapses, Are Stablecoins Really That Stable?
The cryptocurrency market has been rattled by the recent collapse of SVB and the subsequent depegging of stablecoins. This incident has highlighted the need for greater transparency and accountability from stab... Read full story
By BeInCrypto | Last updated 18 days ago |
Bearish
Frax's shift to a fully backed stablecoin signals the end of DeFi's algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.... Read full story
By Cointelegraph | Last updated 25 days ago |
Neutral
4 Altcoins That Could Explode in March 2023
Stop! And listen up! Each month sees new opportunities in the crypto space.... Read full story
By Altcoin Buzz | Last updated 27 days ago |
Bullish
Frax Finance has voted to fully collateralizing
Frax Finance decided to completely collateralize the $1 billion capitalization Frax stablecoin.... Read full story
By Blockchain News | Last updated 1 month ago |
Bullish