Frax Price, Live Chart & Market Cap

Frax: Collateral-Backed Stablecoin for DeFi Staking, Trading, and Investment

Frax Overview

Frax is a stablecoin built for DeFi and bridging real assets on-chain. It aims for a reliable $1 peg using fully backed collateral. Frax grows via trading, lending, and yield rewards across diverse crypto ecosystems.

Frax: A Collateral-Backed Stablecoin in DeFi Today

Utility & Use Cases FRAX

Staking and Earn

Staking and Earn

Users stake Frax to earn stable yields in DeFi. It supports flexible staking pools, letting participants gain rewards while maintaining a steady coin position.
Lending and Borrowing

Lending and Borrowing

Frax can be lent or borrowed on crypto platforms. Collateralized Frax loans let participants unlock liquidity without losing market exposure.
Liquidity Provision

Liquidity Provision

Frax liquidity pools on DEXs enable steady trading volume. Providers earn fees and leverage low volatility for stable profits.
User Incentives

User Incentives

Frax holders can join yield farming or special reward programs. This expands Frax adoption and fosters ongoing user growth.

Frax Technologies Overview

High Scalability

High Scalability

Frax supports multi-chain deployments, offering fast transactions and broad DeFi coverage for stable transfers.
Low Fees

Low Fees

By optimizing collateral usage and efficient networks, Frax keeps transfer costs affordable for everyday usage.
Cutting-Edge Model

Cutting-Edge Model

Frax combines on-chain collateral reserves with robust mechanisms to maintain a reliable peg. This design enhances stability and user trust.

Funding

Frax was initially self-funded, later raising private capital from accredited backers. No public ICO took place. Most tokens were distributed to the community through yield incentives. Additional strategic investments supported further platform growth.

Roadmap

Complete Collateral Phase

Frax migrated to 100 percent collateral, reinforcing stability and user trust.

Frax USD (frxUSD) Launch

A fully backed token bridging TradFi yields with DeFi usage, planned to grow beyond the legacy Frax model.

FraxChain Release

A dedicated L2 platform for Frax assets, aiming to expand cross-chain integration and boost on-chain activity.

Frax Security & Audit Reports

Frax’s contracts have undergone multiple external audits, covering lending, farming, and stablecoin functionalities. The protocol uses open-source code with continuous review. Formal verifications help maintain a secure environment for Frax holders.

FAQ

How to stake Frax?

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You can deposit Frax into supported pools or vaults on a DeFi platform and lock it to earn yields. Always confirm contract details.

How to use Frax in a DeFi wallet?

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Simply add Frax’s token address to your wallet, then send or receive Frax on any supported network for fast, stable transfers.

Is Frax fully collateral-backed?

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Yes. Frax transitioned to a model that holds real collateral for every token in circulation.

Does Frax pay yield?

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Yes. Frax holders can earn passive returns through yield farming, staking pools, and other DeFi incentives.

How to read Frax’s trading chart?

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Track its price against USD on popular crypto exchange analytics. Look for Frax’s steady alignment near $1.

What is the best way to farm with Frax?

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Many users join liquidity pools or staking programs. Research reliable platforms to find optimal rewards and manage risk.

Can Frax be mined?

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No. Frax isn’t mined like a proof-of-work coin. It’s minted and redeemed based on collateral held by the protocol.

Top Crypto Exchanges to Trade Frax (FRAX)

# Exchange Pair Price 24h Volume
1 ~$1 $2,892,907
2 ~$2.9 $1,133,537
3 ~$1.0027 $376,445
4 ~$1 $341,150
5 ~$1.042 $94,406
6 ~$0.99 $83,021
7 ~$1.0063 $51,697
8 ~$0.0003 $42,484
9 ~$0.0000097 $41,138
10 ~$0.98 $39,738
Frax
Frax FRAX Price
#497
$1
-0.005%
Market Cap
Market capitalization of Frax (FRAX) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$299,489,150
Fully Diluted Variation
Fully diluted valuation of Frax (FRAX) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$299,489,150
24 Hour Trading Vol
24-hour trading volume shows the total amount of Frax (FRAX) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$5,410,633
Circulating Supply
Circulating supply shows the number of Frax (FRAX) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
299,640,637.99
Total Supply
Total supply represents all Frax (FRAX) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
299,640,637.99

Info

Contract
Ethereum Network 0x853...175b99e
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