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Frax (prev. FXS) PriceFRAX
USD
Listed
$2.39USD
+0.45%1D
The Frax (prev. FXS) (FRAX) price in is $2.39 USD as of 02:35 (UTC) today.
FRAX/USD price calculator
FRAX
USD
1 FRAX = 2.39 USD. The current price of converting 1 Frax (prev. FXS) (FRAX) to USD is 2.39. Rate is for reference only. Updated just now.
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Frax (prev. FXS) price USD live chart (FRAX/USD)
Last updated as of 2025-06-20 02:35:15（UTC+0）
Live Frax (prev. FXS) Price Today in USD
The live Frax (prev. FXS) price today is $2.39 USD, with a current market cap of $217.47M. The Frax (prev. FXS) price is up by 0.45% in the last 24 hours, and the 24-hour trading volume is $7.77M. The FRAX/USD (Frax (prev. FXS) to USD) conversion rate is updated in real time.
How much is 1 Frax (prev. FXS) worth in ？
As of now, the Frax (prev. FXS) (FRAX) price in is valued at $2.39 USD. You can buy 1FRAX for $2.39 now, you can buy 4.18 FRAX for $10 now. In the last 24 hours, the highest FRAX to USD price is $2.44 USD, and the lowest FRAX to USD price is $2.34 USD.
Do you think the price of Frax (prev. FXS) will rise or fall today?
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Voting data updates every 24 hours. It reflects community predictions on Frax (prev. FXS)'s price trend and should not be considered investment advice.
Frax (prev. FXS) Market Info
Price performance (24H)
24H
24H low $2.3424H high $2.44
All-time high:
$42.67
Price change (24H):
+0.45%
Price change (7D):
-4.68%
Price change (1Y):
-31.77%
Market ranking:
#177
Market cap:
$217,474,694.69
Fully diluted market cap:
$217,474,694.69
Volume (24h):
$7,772,563.69
Circulating supply:
90.83M FRAX
Max supply:
99.68M FRAX
About Frax (prev. FXS) (FRAX)
What is Frax Share?
Frax Share (also known as Frax Protocol) is a DeFi protocol on Ethereum. Founded in 2019 by Sam Kazemian, Jason Huan, and Travis Moore, Frax Protocol deploys the first partially collateralized and partially algorithmic stablecoin, known as FRAX. Unlike traditional stablecoins, which are either fully collateralized by fiat or algorithmically stabilized, Frax introduces a fractional-algorithmic approach, giving it unique capabilities. The primary objective is to offer a new form of cryptocurrency that is decentralized, scalable, and algorithmically managed to replace digital assets with a fixed supply, like Bitcoin.
The FRAX stablecoin of Frax Protocol currently exists on 7 chains, namely Ethereum, Polygon, Avalanche, BNB Chain, Fantom, Harmony, and Moonriver.
Resources
Official Documents: https://docs.frax.finance/
Official Website: https://frax.finance/
How does Frax Share work?
The Frax Protocol operates with a dual-token system: FRAX, the stablecoin, and FXS, the governance token. These two tokens are interconnected in a complex web, where their supplies, collateral ratios, and prices are dynamically adjusted using algorithms. The protocol uses the time-weighted average of Uniswap pair prices and the ETHUSD Chainlink Oracle to influence the price and collateral backing of FRAX.
If FRAX trades above $1, the protocol will automatically decrease the collateral ratio, making it more algorithmic. On the other hand, if FRAX trades below $1, the protocol increases the collateral ratio to restore its peg. This dynamic mechanism ensures that FRAX maintains its peg to the US dollar while adapting to market conditions, thereby fulfilling its claim as the "only algorithmic stablecoin to have never lost peg."
What is Frax Share Token (FXS)?
FXS or Frax Shares serve as the governance token in the Frax ecosystem. They are pivotal in deciding the protocol’s future through on-chain governance. FXS token holders earn fees, seigniorage revenue, and excess collateral value generated within the ecosystem. More than 60% of FXS supply is allocated to liquidity providers and yield farmers over several years, further decentralizing the protocol’s governance.
Which Factors Affect Frax Share Token (FXS) Price?
The price of the FXS token is influenced by a variety of factors:
- Demand for FRAX: As the stablecoin gains adoption, the demand for FXS, which governs the ecosystem, is likely to increase.
- Governance Decisions: Any decisions affecting the collateral ratios, fees, or integration onto new blockchains could impact FXS token value.
- Market Sentiment: Like any other crypto asset, FXS prices are also influenced by overall market sentiment and macroeconomic factors.
- Liquidity: Availability of FXS on multiple exchanges and liquidity platforms can affect its price stability and volume.
Frax Share's Impact on Finance
Frax Share stands as a paradigm shift in decentralized finance, introducing a new category of fractional-algorithmic stablecoins. Its unique model offers a scalable, decentralized, and adaptive financial instrument, which could set the standard for future stablecoins and even influence traditional financial systems.
Conclusion
In conclusion, Frax Share is a pioneering financial model that has the potential to redefine how we perceive value, stability, and governance in the financial and crypto markets. Its unique fractional-algorithmic approach places it at the forefront of stablecoin innovation, showing promising signs for the future of decentralized finance.
AI analysis report on Frax (prev. FXS)
Today's crypto market highlightsView report
Frax (prev. FXS) Price History (USD)
The price of Frax (prev. FXS) is -31.77% over the last year. The highest price of FXS in USD in the last year was $5.09 and the lowest price of FXS in USD in the last year was $1.25.
TimePrice change (%)
Lowest priceHighest price
Lowest priceHighest price 24h+0.45%$2.34$2.44
7d-4.68%$2.33$2.75
30d-37.52%$2.33$3.95
90d+11.54%$1.52$4.43
1y-31.77%$1.25$5.09
All-time-38.50%$1.25(2025-03-11, 101 days ago )$42.67(2022-04-03, 3 years ago )
What is the highest price of Frax (prev. FXS)?
The FRAX all-time high (ATH) USD was $42.67 , recorded on 2022-04-03. Compared to the Frax (prev. FXS) ATH, the Frax (prev. FXS) current price is down by 94.39%.
What is the lowest price of Frax (prev. FXS)?
The FRAX all-time low (ATL) USD was $1.25 , recorded on 2025-03-11. Compared to the Frax (prev. FXS) ATL, the Frax (prev. FXS) current price is up by 91.39%.
Frax (prev. FXS) Price Prediction
What will the price of FRAX be in 2026?
Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $2.34 in 2026.
What will the price of FRAX be in 2031?
In 2031, the FRAX price is expected to change by +12.00%. By the end of 2031, the FRAX price is projected to reach $4, with a cumulative ROI of +68.86%.
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Global Frax (prev. FXS) Prices
How much is Frax (prev. FXS) worth right now in other currencies? Last updated: 2025-06-20 02:35:15（UTC+0）
FRAX to ARS
Argentine Peso
$2,787.97FRAX to CNYChinese Yuan
¥17.21FRAX to RUBRussian Ruble
₽187.65FRAX to USDUnited States Dollar
$2.39FRAX to EUREuro
€2.08FRAX to CADCanadian Dollar
C$3.28FRAX to PKRPakistani Rupee
₨678.59FRAX to SARSaudi Riyal
ر.س8.98FRAX to INRIndian Rupee
₹207.67FRAX to JPYJapanese Yen
¥347.52FRAX to GBPBritish Pound Sterling
£1.78FRAX to BRLBrazilian Real
R$13.15How to buy Frax (prev. FXS)(FRAX)
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Learn moreFAQ
What factors influence the price of Frax Share (FXS)?
The price of Frax Share (FXS) is influenced by several factors including market demand, supply dynamics, investor sentiment, platform developments, and adoption rates. Additionally, broader market trends and the performance of cryptocurrencies in general can also play a role.
How can I predict the price of Frax Share?
Predicting the price of Frax Share involves analyzing a combination of technical analysis, market trends, news, and developments related to the Frax ecosystem. It's important to stay updated and use reliable charting platforms to track its performance.
Is Frax Share a good investment for the future?
The potential for Frax Share as an investment depends on various factors including its technology, use case, and the overall development of the Frax ecosystem. As with any investment, it comes with risks and it’s advisable to conduct thorough research and consult with a financial advisor.
Where can I buy Frax Share (FXS)?
You can buy Frax Share (FXS) on several cryptocurrency exchanges. Bitget Exchange is one of the platforms where you can trade FXS.
What is the historical price performance of Frax Share?
Frax Share's price performance can be tracked through historical data charts available on cryptocurrency tracking websites and platforms. This data can provide insights into its past price movements and volatility.
Can the price of Frax Share reach $100 or more?
While there is potential for Frax Share to reach higher prices, reaching specific price points like $100 depends on market conditions, adoption, technological advancements, and broader economic factors. It is speculative and should be approached with caution.
What are the potential risks involved in investing in Frax Share?
Some potential risks include market volatility, regulatory developments, competition from other stablecoins, and changes within the Frax ecosystem itself. It's crucial to assess these risks before investing.
How does the Frax Share tokenomics affect its price?
Frax Share's tokenomics, including its supply dynamics and utility within the Frax ecosystem, play a significant role in its price. Understanding its inflation/deflation mechanisms and demand within the ecosystem can provide insights into price movements.
Is there a price prediction model for Frax Share?
Various price prediction models exist, including those based on technical analysis, statistical models, and machine learning. Each has its methodologies and accuracy, and it's important to use them as guidance rather than absolute predictions.
What news or events could impact the price of Frax Share?
Announcements related to technological upgrades, partnerships, adoption milestones, or changes in regulatory environment can impact the price of Frax Share. Staying informed about these developments through reliable news sources is crucial.
Is Frax Share (FXS) a Good investment?
FXS, the governance token for a protocol offering a scalable and cutting-edge stablecoin, presents a promising addition to your digital asset collection. It stands as a robust investment for those looking to tap into the decentralized finance (DeFi) realm.
With the DeFi sector's growth and rising demand for FRAX stablecoin, FXS's value is poised to increase, especially as the Frax Protocol ensures its stablecoin's peg to the USD. Thus, FXS emerges as a potentially lucrative cryptocurrency to consider.
Future enhancements and the expansion of the Frax Protocol into more blockchain environments could boost their stablecoin adoption, further driving FXS's value upwards.
What factors influence Frax Share (FXS) price?
Key Factors Influencing FXS Token Price
FRAX Stablecoin Adoption & Frax Finance Expansion: An uptick in FRAX stablecoin usage and Frax Finance's expansion beyond its 12 blockchain platforms (as of January 2023) could bolster FXS price.
Frax Finance Updates & Partnerships: Announcements of new features, integrations, or collaborations by the Frax Finance team can amplify investor trust, potentially pushing FXS value higher.
Crypto Market Sentiment: The overall crypto and DeFi sentiment can significantly sway the FXS price. Positive vibes boost its value, while skepticism might lead to a decline.
What is the use case of FXS token?
FXS Token: Key Features & Use Cases in Frax Ecosystem
Decentralized Governance: FXS token holders drive the Frax Protocol's direction, casting votes on matters like collateral pool adjustments and platform fee changes.
Price Stability for FRAX: FXS is minted or burned in response to FRAX stablecoin demand, ensuring its peg to the USD remains stable.
Trading & Holding Potential: Trade FXS against other cryptos or hold to capitalize on the Frax Protocol's future trajectory.
Staking Rewards: Stake FXS to generate veFXS, unlocking enhanced governance rights and a passive income stream through AMO profits.
What is the difference between FXS and FRAX?
Firstly, we have FRAX, which is a stablecoin. On the other hand, there's Frax Shares (FXS), the governance token of the project. This token not only oversees decisions but also collects fees, seigniorage revenue, and additional collateral value.
How does FXS generate value?
How does FXS gain value? FXS leverages specific mechanisms that enhance its value, such as promoting particular pools within its AMO and a locking system that benefits long-term liquidity providers. The distribution of FXS tokens to each pool is decided by voters, potentially increasing rewards for those providing liquidity.
Who are Frax Share partners?
Frax Finance has several established investors and backers, including Dragonfly Capital, ParaFi Capital, Mechanism Capital, Crypto.com Capital, Electric Capital, Synthetix, and more.
What is the current price of Frax (prev. FXS)?
The live price of Frax (prev. FXS) is $2.39 per (FRAX/USD) with a current market cap of $217,474,694.69 USD. Frax (prev. FXS)'s value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Frax (prev. FXS)'s current price in real-time and its historical data is available on Bitget.
What is the 24 hour trading volume of Frax (prev. FXS)?
Over the last 24 hours, the trading volume of Frax (prev. FXS) is $7.77M.
What is the all-time high of Frax (prev. FXS)?
The all-time high of Frax (prev. FXS) is $42.67. This all-time high is highest price for Frax (prev. FXS) since it was launched.
Can I buy Frax (prev. FXS) on Bitget?
Yes, Frax (prev. FXS) is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy frax-share guide.
Can I get a steady income from investing in Frax (prev. FXS)?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Frax (prev. FXS) with the lowest fee?
Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.
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FRAX/USD price calculator
FRAX
USD
1 FRAX = 2.39 USD. The current price of converting 1 Frax (prev. FXS) (FRAX) to USD is 2.39. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.
FRAX resources
Frax (prev. FXS) ratings
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