Frax Price Data
Frax (FRAX)
currently has a price of
Rp17.6k
and is
up
0.028%
over the last 24 hours. The cryptocurrency is ranked
170
with a market cap of
Rp3.9T.
Over the last 24 hours, it saw
Rp5.6B
of trading volume. The token has a circulating supply of
219.3M
tokens out of a total supply of
219.3M
tokens.
Frax (FRAX) is a stablecoin cryptocurrency that maintains price stability through a dual-collateral system and an algorithmic model. It can expand or contract its supply as needed, without the need for central control. Users can earn interest through Frax Finance and integrate it into existing DeFi protocols. Frax is built on Ethereum, offers low fees, and quick settlement times. However, it's important to understand the risks associated with cryptocurrency investments.