$0.9856 +0.75%
Glob. Mkt Cap Rank: Unranked
2024-08-07:09:36:33update
24H High
:
7.2248
24H Turnover
:
17.22千万
Max Supply
:
0.0
24H TR
:
0.0%
24H Low
:
l
24H Vol
:
23999.23
Curr. Issued
:
649462236.0
24H High-Low
:
+0.75%
ATH
:
11.49
Highest Mkt Cap
:
46.57亿
Circulating Supply
:
649462236.0
Dominance
:
0.03%
ATL
:
5.98
Mkt Cap (Float)
:
46.57亿
Circulating Supply
:
-%
Issue Date
:
2020-12-21
Introduction
Latest News
News Flash
Basic information
Full Currency Name /FRAX
Currency Code FRAX
Coin Intro "Frax, abbreviated as FRAX, has a total supply of 111,848,000 FRAX.
It is the first fractional-algorithmic stablecoin.
The current price of FRAX is $0.98881, with a 24-hour trading volume of $24,107.7. FRAX has increased by 0.21% in the past 24 hours. Its market cap is not currently available. The circulating supply is 649,462,000 FRAX, and the maximum supply is 104,485,000 FRAX."
Issue Date
All-Time High $1.5543407
All-Time Low $0.86096624
Total Supply 1044853133.2588
Circulating Supply 649462235.5105
Circulating Supply Percentage 0.6215823208424398
Market Cap NaN
Fully Diluted Market Cap $9.463600754261048e-10
Mkt Cap (Float) $
Circulating Market Cap % of Global Total
Listed on Exchanges 2
Official Link https://frax.finance
Whitepaper https://docs.frax.finance/smart-contracts/overview
Blockchain Explorer "https://ethplorer.io/address/0x853d955acef822db058eb8505911ed77f175b99e", "https://etherscan.io/token/0x853d955acef822db058eb8505911ed77f175b99e"
Telegram "https://t.me/fraxfinance"
Github https://github.com/fraxfinance/fraxfinance
Twitter https://twitter.com/fraxfinance
FaceBook
Reddit
Currency Introduction

Frax Finance (abbreviated as Frax), originally named Decentral Bank, is a fractional-algorithmic stablecoin protocol. Frax is an open-source, permissionless, and fully on-chain protocol currently operating on Ethereum (with potential for cross-chain implementation in the future). The ultimate goal of the Frax Protocol is to provide a highly scalable, decentralized algorithmic currency as an alternative to fixed-supply digital assets like BTC. The name of the stablecoin FRAX originates from its "fractional-algorithm" stabilization mechanism. The collateralization ratio depends on the market pricing of the FRAX stablecoin. When FRAX trades above $1, the protocol decreases the collateral ratio. When FRAX trades below $1, the protocol increases the collateral ratio.

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Development History
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