Frax

Frax PriceFRAX

Rank #146

About Frax (FRAX)

Contract

Explorers

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
$647.80M
All-Time High(ATH)$1.14
Circulating Supply
649.43M FRAX
All-Time Low(ATL)$0.8745
Total Supply
649.43M FRAX
Market Cap/FDV
79.92%
Max Supply
812.64M FRAX
Fully Diluted Valuation
$810.60M
Market 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%

Popular FRAX Exchanges

Team Members

Sam Kazemian
Sam KazemianFounder
Stephen Moore
Stephen MooreCo-Founder
Jason Huan
Jason HuanCo-Founder
Travis Moore
Travis MooreCTO,Co-Founder

Investors

Ascensive AssetsAscensive Assets
Crypto.com CapitalCrypto.com Capital
Arbitrum FoundationArbitrum Foundation
A195 CapitalA195 Capital
Fairum VenturesFairum Ventures
DeltaHub CapitalDeltaHub Capital

Other

Holding Distribution

Top 5 AddressHolding QtyHolding (%)
0xce64...6f5ce7
167.19M25.74%
0x34c0...58bde2
64.33M9.91%
0xb174...003f27
62.88M9.68%
0xf6e6...c30ea6
53.60M8.25%
0xa663...c41c32
51.36M7.91%
Others
250.03M38.51%

FAQ

What determines the price movement of Frax (FRAX)?

What is the highest price of Frax price in history?

What is the lowest price of Frax price in history?

What is the current market cap of Frax?

How many Frax are there in the market?

What is the maximum supply of Frax?

What is the fully diluted market cap (or FDV) of Frax?

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