Frax
FRAXAlgorithmic USD-pegged Rank #42
Price
$0.990781
-0.92% off peg
Market Cap
$147.31M
Market Cap
$147.31M
Dominance
0.05%
of market
Price
$0.990781
% Off Peg
-0.92%
24h Supply
-0.50%
7d Supply
-1.01%
30d Supply
-0.87%
Networks
22
chains
Circulating Supply
Total FRAX across all chains
$229.07M
$150.43M
Oct 25, 2025
Oct 22, 2026
Chain Distribution
Current supply by network
Ethereum
$130.10M 86.7%
Fraxtal
$14.73M 9.8%
Arbitrum
$1.89M 1.3%
BSC
$724.2K 0.5%
Avalanche
$621.1K 0.4%
OP Mainnet
$580.1K 0.4%
Fantom
$534.0K 0.4%
Polygon
$488.5K 0.3%
Near
$237.4K 0.2%
Boba
$71.0K 0.0%
Others (4)
$76.7K 0.1%
About Frax
Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.
Mint & redeem
Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki Audit / transparency
Contract 0x853d…b99e
