FraxFRAX
Fractional-reserve DeFi dollar
$142.4M
Market cap
$0.9906
Price
$2.8M
24h volume
0.0%
Dominance
FRAX card-settlement · weekly Live
$142M↓ ▼ 1.87%
Profile
About Frax
Issuer
Frax Finance
Peg
USD
Backing
Crypto
Chains
12
Primary chain
Ethereum
24h change
▲ 1.79%
7d change
▼ 1.87%
Frax (FRAX) is a crypto-backed stablecoin pegged to USD, issued by Frax Finance and live across 12 chains (primarily Ethereum). It currently has a market cap of $142.4M — about 0.0% of the entire stablecoin market, with $2.8M traded in the last 24 hours. Most commonly used for fractional-reserve defi dollar.
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