Frax Share price

in USD
$1.211
-- (--)
USD
Last updated on --.
Market cap
$108.67M #141
Circulating supply
89.52M / 99.68M
All-time high
$11
24h volume
$10.79M
Rating
3.5 / 5
FXSFXS
USDUSD

About Frax Share

FXS (Frax Share) is the governance and value-accruing token of the Frax ecosystem, a decentralized finance (DeFi) protocol specializing in stablecoins. Frax is unique because it combines algorithmic and collateralized mechanisms to maintain the stability of its flagship stablecoin, frxUSD. FXS holders participate in governance decisions and benefit from the protocol's revenue, including fees generated from stablecoin transactions and yield strategies. The ecosystem also offers sfrxUSD, a yield-bearing version of frxUSD, providing users with passive income opportunities. Frax's innovative approach aims to bring stability and scalability to decentralized finance, making it a key player in the evolving world of on-chain money.
AI insights
DeFi
Official website
Block explorer
CertiK
Last audit: 1 Nov 2020, (UTC+8)

Frax Share’s price performance

Past year
-27.23%
$1.66
3 months
-56.99%
$2.82
30 days
-47.49%
$2.31
7 days
-12.00%
$1.38
70%
Buying
Updated hourly.
More people are buying FXS than selling on OKX

Frax Share on socials

Arjun Mahadevan (Mr. LLC 🇺🇸)
Arjun Mahadevan (Mr. LLC 🇺🇸)
Live Chat was ACTIVE during @doolaHQ Weekly Live Q&A ⚡️
飞凡
飞凡
Summary of secondary market catalysts: which projects are still pushing the market forward under pessimistic expectations. $PLUME: The RWAfi public chain Plume has launched 14 tokenized funds issued by WisdomTree on its platform. $ETH Ethereum has completed the Fusaka upgrade on the Hoodi testnet and has locked the mainnet upgrade date for December 3rd. $FXUSD / $ETH / $BTC: Fx Protocol has launched fxMINT, allowing users to mint its stablecoin fxUSD directly using ETH and BTC as collateral under normal market conditions without paying ongoing interest. $FXS: Frax has launched FraxNet, positioned as a central platform around frxUSD for minting, redeeming, and earning frxUSD-related yields. $PUMP: Pump.fun has launched a new program called Spotlight, expanding from a purely MEME platform to support utility tokens and entering the narrative of Internet Capital Markets. $ORE: Ore has launched a new mining protocol, redesigned to generate revenue for the protocol and support a more sustainable token economic model. $ASTER: ASTER plans to use about 70%-80% of the S3 fee revenue to buy back $ASTER, with the specific allocation ratio depending on market conditions.
飞凡
飞凡
Secondary market catalysts, which tokens have clear benefits during the interest rate meeting week? $CLANKER: Farcaster has acquired the leading Launchpad CLANKER in the Base ecosystem and will integrate this project more deeply into Farcaster. $BERA, $MORPHO: Berachain has released BEND, built as an authorized fork of Morpho; Morpho is one of the most audited and highly composable lending frameworks in DeFi. $YB: YieldBasis announced the next phase of the protocol's plan, which will enable the veYB fee switch. $AERO: Aerodrome launched Aero Ignition, a community-driven issuance mechanism aimed at Base. $MET: Meteora brings three upgrades to its Launchpad: Presale Vaults, Meteora Invent, Dynamic Fee Sharing. $PLUME: The RWA chain Plume Network released the stablecoin pUSD, supported by the M0 platform. $PUMP: PumpFun acquired the trading terminal Padre, providing a seamless high-speed trading experience and advanced analytical capabilities.
cmScanner_EMA
cmScanner_EMA
Pairs with prices at EMA's in the last 30m $DASH $ZEN $ON $HEI $ASTER $ICP $OGN $TRUTH $APR $USUAL $SCRT $DUSK $FXS $ZKJ $MINA $AERGO $VIRTUAL $UB $ZORA Get more updates at

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Frax Share FAQ

Currently, one Frax Share is worth $1.211. For answers and insight into Frax Share's price action, you're in the right place. Explore the latest Frax Share charts and trade responsibly with OKX.
Cryptocurrencies, such as Frax Share, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Frax Share have been created as well.
Check out our Frax Share price prediction page to forecast future prices and determine your price targets.

Dive deeper into Frax Share

FXS is the non-stable utility token in the protocol, holding rights to governance.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
$108.67M #141
Circulating supply
89.52M / 99.68M
All-time high
$11
24h volume
$10.79M
Rating
3.5 / 5
FXSFXS
USDUSD
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