All assets / Frax Share

Frax Share (FXS) EUR Price

€7.83
-€0.14 (-1.80%)
Market stats
Market cap
Market cap: the token’s price multiplied by its circulating supply.
€602.3M
Circulating supply
Circulating supply: the number of tokens released on the network and made available.
76.9M
Volume (24h)
Volume (24h): the trading volume of the token over the last 24 hours.
€27M
All time high
All time high: the highest price that the cryptocurrency has traded at.
€38.74
FDV
FDV: the fully diluted valuation is the price multiplied by the total supply.
€780.5M
Total supply
Total supply: the full amount of tokens on the network, including those that have not yet been released.
99.7M
About Frax Share

Frax Share Price Data

Frax Share (FXS) currently has a price of €7.83 and is down -1.80% over the last 24 hours. The cryptocurrency is ranked 121 with a market cap of €602.3M. Over the last 24 hours, it saw €27M of trading volume. The token has a circulating supply of 76.9M tokens out of a total supply of 99.7M tokens.

Frax Share (FXS) is a cryptocurrency within the Frax ecosystem that offers stability and governance. As a governance token, FXS allows holders to vote on proposals and shape the ecosystem's future. Its algorithmic nature dynamically adjusts supply in response to demand, maintaining the stability of the Frax stablecoin (FRAX). This uniqueness sets FXS apart from other cryptocurrencies and offers a potential solution to the volatility issue. Additionally, FXS incorporates a fee-sharing mechanism, allowing token holders to earn passive income and participate in the ecosystem's success. The aim of Frax Share is to provide a stable alternative to traditional currencies, with transparency and opportunities for governing and benefiting from the growing Frax ecosystem.


Disclaimer: The “About” content was generated with the use of AI. For feedback and sponsorship enquiries, email [email protected].

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Market stats
Market cap
Market cap: the token’s price multiplied by its circulating supply.
€602.3M
Circulating supply
Circulating supply: the number of tokens released on the network and made available.
76.9M
Volume (24h)
Volume (24h): the trading volume of the token over the last 24 hours.
€27M
All time high
All time high: the highest price that the cryptocurrency has traded at.
€38.74
FDV
FDV: the fully diluted valuation is the price multiplied by the total supply.
€780.5M
Total supply
Total supply: the full amount of tokens on the network, including those that have not yet been released.
99.7M
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