| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.16% | 0.64% | 0.52% | 0.02% |
| 24h High | 24h Low | All-Time High | ATH Date | All-Time Low |
|---|---|---|---|---|
| £0.7939 | £0.7939 |
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Frax |
|---|---|
| Country of Origin | KY |
| Genesis Date | 21st November 2024 |
| Circulating Supply | 649,462,235 |
| Max Coin Supply | 649,462,235 |
Frax (frax) is a digital asset ranked as #89 in BitCourier Cryptocurrency List with market capitalisation of £512.39 M. Pound Sterling. In the last 24 hours Frax's trading volume exceeded £5.28 M.
Current price - £0.7890 GBP. Exchange rate frax to USD is $1.00 for one coin.
During the last calendar year Frax price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by 0.52%. (frax)'s peak price (All-time high) was £0.96 per coin, this point was reached on 26th September 2022 . From that moment till today Frax has lost -17.88% in value.
Ratings by crypto community, developers and liquidity are 8.103, 0.000, 41.935.
Frax is a decentralized digital currency and a fractional-algorithmic stablecoin system. Frax is built on the Ethereum blockchain and is pegged to the US Dollar. It incorporates cross-chain implementation technologies which makes additional future integrations possible. Frax entered the cryptocurrency space with the end goal of eradicating boundaries that exist with fixed supply digital assets. To achieve this, Frax implements 3 unique strategies; Fractional-Algorithmic Collateral, Decentralized governance, and Fully on-chain oracles. In its ideal state, Frax targets to settle at the 1$/coin band. Frax was rolled out in November 2020 by Sam Kazemian, an American Software developer, together with Travis Moore and Jason Huan. Uniswap and DEXes are Defi trading platforms that readily avail Frax and Frax Shares (FXS) to willing buyers. The Frax Shares (FXS) is the governance token in the Frax Protocol.
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|
Points (0-100) |
|---|---|
| Development | 0.000 |
| Community | 8.103 |
| Liquidity | 41.935 |
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GitHub |
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