NewOpenRate Pro is live — private competitive intelligence on every crypto-card program.Explore →
FraxFRAX

Fractional-reserve DeFi dollar

$151.5M
Market cap
$0.9931
Price
$220K
24h volume
0.0%
Dominance
FRAX card-settlement · weekly Live
$152M↑ ▲ 1.72%

Profile

About Frax

Issuer
Frax Finance
Peg
USD
Backing
Crypto
Chains
12
Primary chain
Ethereum
24h change
▼ 0.02%
7d change
▲ 1.72%

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 $151.5M — about 0.0% of the entire stablecoin market, with $220K traded in the last 24 hours. Most commonly used for fractional-reserve defi dollar.

Compare

Other stablecoins