Frax Share
FXS
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Frax Share price
in USD$2.646
+$0.037 (+1.41%)
USD
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Market cap
$236.70M #108
Circulating supply
89.22M / 99.68M
All-time high
$11
24h volume
$9.86M
3.5 / 5
About Frax Share
FXS, or Frax Share, is the governance and utility token of the Frax Finance ecosystem, a pioneering project in decentralized finance (DeFi). Frax Finance is best known for its innovative stablecoin system, which combines algorithmic mechanisms with collateral backing to maintain price stability. FXS plays a crucial role in governing the protocol, enabling holders to vote on key decisions such as monetary policy and reserve management. Additionally, FXS accrues value through the system's growth, as fees and rewards generated within the ecosystem are tied to its performance. For new users, FXS represents an opportunity to participate in a cutting-edge DeFi project that bridges stability and decentralization, making it a cornerstone of the evolving crypto landscape.
AI-generated
Frax Share’s price performance
17% better than the stock market
Past year
+27.15%
$2.08
3 months
-16.35%
$3.16
30 days
-18.54%
$3.25
7 days
-5.27%
$2.79
Frax Share on socials
Stablecoin growth is core to Ethereum's success.
As the @ethereumfndn commits to supporting "Defipunk" protocols, $OPEN is worth a look.
We are proud to be a part of their positive sum index championing the future of stablecoins.
OpenStableIndex
1/
As capital and regulation converge on stablecoins, there is growing pressure to accept centralized, closed, and KYC-gated models as “safe.”
A proposed @ethereumfndn allocation to $OPEN affirms a different default: that stability can be achieved through transparency, collateral design, and community governance, without compromising permissionless access or privacy.
Proposal linked in 2nd tweet.
Guides
Find out how to buy Frax Share
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Predict Frax Share’s prices
How much will Frax Share be worth over the next few years? Check out the community's thoughts and make your predictions.
View Frax Share’s price history
Track your Frax Share’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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Frax Share FAQ
Currently, one Frax Share is worth $2.646. For answers and insight into Frax Share's price action, you're in the right place. Explore the latest Frax Share charts and trade responsibly with OKX.
Cryptocurrencies, such as Frax Share, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Frax Share have been created as well.
Check out our Frax Share price prediction page to forecast future prices and determine your price targets.
Dive deeper into Frax Share
FXS is the non-stable utility token in the protocol, holding rights to governance.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$236.70M #108
Circulating supply
89.22M / 99.68M
All-time high
$11
24h volume
$9.86M
3.5 / 5