Frax PriceFRAX
Rank #146
$0.998
-1.04%Trade
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About Frax (FRAX)
Contract
0x853d955...7f175b99e
Explorers
etherscan.io
Website
frax.finance
FraX Finance (FraX for short), formerly known as decentral bank, is a fractional algorithm stable currency protocol. FraX is an open source, unauthorized, and fully chained protocol. It is currently running on Ethereum (cross chained operation may be realized in the future). The ultimate goal of FraX protocol is to provide a highly scalable and decentralized algorithm currency to replace fixed supply digital assets such as BTC. The name of the stable currency FraX comes from the stability mechanism of "currency - algorithm". The proportion of mortgage and algorithm depends on the market pricing of FraX stable currency. When the transaction price of FraX is above US $1, the agreement will reduce the mortgage ratio. When the trading price of FraX is below $1, the agreement will increase the proportion of collateral.
Frax (FRAX) Price Trends
24H High$1.00
24H Low$0.9941
24H Volume$153.22
Market Cap
$647.80MAll-Time High(ATH)$1.14
Circulating Supply
649.43M FRAXAll-Time Low(ATL)$0.8745
Total Supply
649.43M FRAXMarket Cap/FDV
79.92%Max Supply
812.64M FRAXFully Diluted Valuation
$810.60MMarket SentimentNeutral
Live Frax (FRAX) Price Update
Frax price today is $0.998 with a 24-hour trading volume of $153.22, and as such Frax has a market cap of $647.80M, giving it a market dominance of 0.024%. The Frax price moved -1.04% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -$0.0009989 | -0.1% |
24H | -$0.01048 | -1.04% |
7D | +$0.02272 | +2.33% |
30D | -$0.0005991 | -0.06% |
1Y | +$0.01639 | +1.67% |
Credibility Indicators
84.70
Reliability Score
Rank #355
PercentileTOP 5%
FRAX to USD | $1.00 USD |
FRAX to EUR | €0.89 EUR |
FRAX to INR | ₹83.38 INR |
FRAX to IDR | Rp15139.40 IDR |
FRAX to CAD | $1.35 CAD |
FRAX to GBP | £0.75 GBP |
FRAX to THB | ฿32.92 THB |
FRAX to RUB | ₽92.22 RUB |
FRAX to BRL | R$5.43 BRL |
FRAX to AED | د.إ3.67 AED |
FRAX to TRY | ₺34.06 TRY |
FRAX to CNY | ¥7.04 CNY |
FRAX to JPY | ¥143.71 JPY |
FRAX to HKD | $7.78 HKD |
Team Members
Sam KazemianFounder
Stephen MooreCo-Founder
Jason HuanCo-Founder
Travis MooreCTO,Co-Founder
Investors
Ascensive Assets
Crypto.com Capital
Arbitrum Foundation
A195 Capital
Fairum Ventures
DeltaHub Capital
News
2024-09-10 08:07
DailyNews2024-08-21 18:37
DailyNewsHolding Distribution
Top 5 Address | Holding Qty | Holding (%) |
---|---|---|
0xce64...6f5ce7 | 167.19M | 25.74% |
0x34c0...58bde2 | 64.33M | 9.91% |
0xb174...003f27 | 62.88M | 9.68% |
0xf6e6...c30ea6 | 53.60M | 8.25% |
0xa663...c41c32 | 51.36M | 7.91% |
Others | 250.03M | 38.51% |