Frax Share
fxs
#295
$3.06
-8.28% (1d)Market Cap
$266.4M
BTC Price
$0
FDV
$305M
Vol24h
$30.9M
Circulating Supply
99.7M fxs
Total Supply
99.7M fxs
Info
-
Website
Website Whitepaper -
Community
-
Algorithm
-
Proof Type
-
Block Reward
0
-
All Time High
$42.80
-
ATL Date
01/12/2022
The current price of Frax Share is $3.06 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 -8.28% 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 $30.9M.
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
|
fxsUSDT |
| 2 |
BeQuant
|
fxsUSDT |
| 3 |
Bibox
|
fxsUSDT |
| 4 |
BigONE
|
fxsUSDT |
| 5 |
Binance
|
fxsUSDT |
| 6 |
Bitget
|
fxsUSDT |
| 7 |
Bithumb
|
fxsKRW |
| 8 |
Bitkub
|
fxsTHB |
| 9 |
BitMart
|
fxsUSDC |
| 10 |
Bitrue
|
fxsUSDT |
| 11 |
Bybit
|
fxsUSDT |
| 12 |
BYDFi
|
fxsUSDT |
| 13 |
CoinEx
|
fxsUSDT |
| 14 |
Coinone
|
fxsKRW |
| 15 |
DigiFinex
|
fxsUSDT |
| 16 |
HitBTC
|
fxsUSDT |
| 17 |
HitBTC
|
fxsBTC |
| 18 |
Indodax
|
fxsIDR |
| 19 |
Kraken
|
fxsUSD |
| 20 |
Kraken
|
fxsEUR |
| 21 |
KuCoin
|
fxsBTC |
| 22 |
KuCoin
|
fxsUSDT |
| 23 |
LATOKEN
|
fxsUSDT |
| 24 |
LBank
|
fxsUSDT |
| 25 |
Nominex
|
fxsUSDT |
| 26 |
Poloniex
|
fxsUSDT |
| 27 |
WhiteBIT
|
fxsUSDT |
| 28 |
BingX
|
fxsUSDT |
| 29 |
Bitunix
|
fxsUSDT |
| 30 |
Bitunix
|
fxsUSDT |
| 31 |
BitVavo
|
fxsEUR |
| 32 |
Phemex
|
fxsUSDT |
| 33 |
WhiteBIT
|
fxsUSDC |
| 34 |
WhiteBIT
|
fxsUSDC |
fxs News
At this time, there are no updates to share. We will keep you informed as soon as there is any news
