Frax
Current price
$0.2952
−7.08%24h
LiveUpdated 23s ago
TodayFrax drops 7.1%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour0.00%
- 24 hours−7.08%
- 7 days−4.00%
- 30 days+10.77%
- 1 year−79.90%
Frax's move in context
Lagging the market today
−7.08% today against −3.24% for the market as a whole, a gap of 3.8 points. A gap this wide suggests something specific to Frax may be moving it, not just the market mood.
Trend has turned
−4.0% over 7 days and +10.8% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Frax
💱 Frax Protocol Overview
🔍 What Is Frax?
Frax is a decentralized finance (DeFi) protocol focused on creating stable, scalable, and algorithmically managed digital currencies. It introduced the first fractional-algorithmic stablecoin, combining collateralized and algorithmic mechanisms to maintain price stability.
🧠 Core Technology
Frax Stablecoin (FRAX): A stablecoin partially backed by collateral and partially stabilized algorithmically.
Frax Shares (FXS): The governance and utility token of the Frax ecosystem.
Frax Ether (frxETH): A liquid staking derivative of ETH used within the protocol.
Smart Contracts: Built on Ethereum and compatible chains for decentralized control and transparency.
🚀 Key Features
Fractional-algorithmic stablecoin model
Decentralized governance via FXS token holders
Support for liquid staking and yield-generating assets
Integration with DeFi platforms and protocols
🌐 Ecosystem
The Frax ecosystem includes stablecoins, staking derivatives, lending markets, and liquidity infrastructure. It is designed to support decentralized financial applications with scalable and stable assets.
📜 Origins
Frax was founded by Sam Kazemian and launched in 2020. It is known for pioneering the fractional stablecoin model and continues to evolve as a modular DeFi platform.
🔗 Learn More
Visit the official Frax website for documentation and ecosystem tools.
Frax market
- Position by market cap among the coins we track.
- #291
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $27.64M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.2939High $0.3235
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $4.10
- Now 7% of itReached 19 Jul 2025 · Needs +1,289% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 93.63M FRAX
- 94% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 298.64M FRAX
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 99.68M FRAX
- The most coins that can ever exist. Some coins have no limit.
Frax converter
1 Frax = $0.2952
