Comparison:
Frax
FXS
Stablecoin Protocol
$
2.46
4.97% - Trading Volume(24h) 11.82% $ 27,586,914.234
- Circulating Market Cap$ 221,125,764.229 #209
- Fully Diluted Valuation$ 246,138,317.78
- Circulating Supply89,551,871.041 FXS
- Total Supply99,681,495.591 FXS
- All-time High --
- All-time Low --
- Max Supply 99,681,495.591 FXS
- Contract Address
0x3432...64d0 - Supported Exchanges
+28 - Launched Dec, 2020
| 1h | 24h | 7d | 30d | 60d | 90d |
| 0.03% | 4.98% | 37.66% | 10.20% | 58.36% | 10.75% |
Details
Frax Finance is a stablecoin protocol issues innovative, decentralized stablecoins and contains subprotocols to support them. The Frax Protocol currently issues 3 stablecoins: FRAX, FPI, and frxETH. FRAX v3 is a dollar-pegged stablecoin that uses AMO smart contracts and permissionless, non-custodial subprotocols as stability mechanisms. The two internal subprotocols used as stability mechanisms are Fraxlend, a decentralized lending market and Fraxswap, an automated market maker (AMM) with special features. The external subprotocol used as a stability mechanism is Curve.
Fundraising
Subsidiary Organizations
$
2.46
4.97% 
- Trading Volume(24h) 11.82% $ 27,586,914.234
- Circulating Market Cap$ 221,125,764.229 #209
- Fully Diluted Valuation$ 246,138,317.78
- Circulating Supply89,551,871.041 FXS
- Total Supply99,681,495.591 FXS
- All-time High --
- All-time Low --
- Max Supply 99,681,495.591 FXS
- Contract Address 0x3432...64d0
- Supported Exchanges +28
- Launched Dec, 2020
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Significant Events
Jul, 2021
Frax completed a strategic financing
Dec 21, 2020
Frax was live on mainnet
Dec, 2020
$FXS was live for trading
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