Frax Share Frax Share fxs #266

$2.54

1.11% (1d)

Market Cap

$228.6M

BTC Price

$0.00003435

FDV

$253.2M

Vol24h

$14.9M

Circulating Supply

99.7M fxs

Total Supply

99.7M fxs

Info

  • Website

    Website Whitepaper

  • Community

  • Algorithm

  • Proof Type

  • Block Reward

    0

  • messages.All Time High

    $42.80

  • messages.ATL Date

    01/12/2022

The current price of Frax Share is $2.54 in USD. As of now, a total of 99.7M fxs are in circulation across the market. Frax Share has experienced a price change of 1.11% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Frax Share trading volume on crypto exchanges has reached $14.9M.

Description

Frax Finance is a decentralised finance (DeFi) platform offering algorithmic stablecoins and financial instruments, launched in 2020 by Sam Kazemian. It includes FRAX, a USD-pegged stablecoin, FPI (pegged to consumer goods), and frxETH (a liquid staking derivative). Frax Share (FXS) is the governance and utility token of the ecosystem, enabling holders to participate in protocol governance, influence liquidity incentives, and receive protocol revenue. FXS holders can lock their tokens for veFXS, which provides enhanced voting power and rewards. FXS also benefits from revenue generated across Fraxlend, Fraxswap, and AMOs. Originally, FXS was needed for minting FRAX, but newer versions shifted its role to governance and yield distribution. The project leverages AMO strategies and Fraxtal, its Layer 2 chain, for scalability and capital efficiency while maintaining decentralisation and stability.

fxs Markets

# Exchange Pair
1 AscendEX AscendEX fxsUSDT
2 BeQuant BeQuant fxsUSDT
3 Bibox Bibox fxsUSDT
4 BigONE BigONE fxsUSDT
5 Binance Binance fxsUSDT
6 Bitget Bitget fxsUSDT
7 Bithumb Bithumb fxsKRW
8 Bitkub Bitkub fxsTHB
9 BitMart BitMart fxsUSDC
10 Bitrue Bitrue fxsUSDT
11 Bybit Bybit fxsUSDT
12 BYDFi BYDFi fxsUSDT
13 CoinEx CoinEx fxsUSDT
14 Coinone Coinone fxsKRW
15 DigiFinex DigiFinex fxsUSDT
16 HitBTC HitBTC fxsUSDT
17 HitBTC HitBTC fxsBTC
18 Indodax Indodax fxsIDR
19 Kraken Kraken fxsUSD
20 Kraken Kraken fxsEUR
21 KuCoin KuCoin fxsBTC
22 KuCoin KuCoin fxsUSDT
23 LATOKEN LATOKEN fxsUSDT
24 LBank LBank fxsUSDT
25 Nominex Nominex fxsUSDT
26 Poloniex Poloniex fxsUSDT
27 WhiteBIT WhiteBIT fxsUSDT
28 BingX BingX fxsUSDT
29 BitVavo BitVavo fxsEUR
30 Phemex Phemex fxsUSDT
31 Bitunix Bitunix fxsUSDT
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