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Market-cap rank #37

Frax

FRAX · Synthetic

Current price

$0.9902

Peg deviation: -0.98%

FRAX is a dollar-pegged stablecoin governed by Frax Finance. Its backing and stabilization mechanisms are managed through the protocol and can change through governance.

$168.93M

Market cap

168.927M

Circulating supply

-1.31%

1-day change

-0.82%

7-day change

-12.58%

30-day change

USD

Peg

18

Supported chains

Decentralized

Issuer model

Chain Supply Distribution

NetworkSupplyShare
Ethereum$144.05M85.3%
Fraxtal$8.80M5.2%
Harmony$8.06M4.8%
Moonriver$2.36M1.4%
Arbitrum$1.87M1.1%
BSC$717,110.88170.4%
Avalanche$615,027.3350.4%
OP Mainnet$574,376.43490.3%
Moonbeam$556,612.56230.3%
Fantom$528,725.50130.3%
Polygon$483,674.26750.3%
Near$156,973.20590.1%
Boba$70,298.31210.0%
Aurora$48,152.15830.0%
ZKsync Era$19,106.3950.0%

Major Risks

Frax can lose its peg. Depending on its design, holders may face issuer, reserve, redemption, collateral, governance, oracle, smart-contract, bridge and liquidity risks. A reserve or transparency report is evidence to review—not a guarantee of safety.

Read the methodology