Frax
FRAXAlgorithmic USD-pegged Rank #35
Price
$0.990967
-0.90% off peg
Market Cap
$201.77M
Market Cap
$201.77M
Dominance
0.06%
of market
Price
$0.990967
% Off Peg
-0.90%
24h Supply
-0.27%
7d Supply
+3.56%
30d Supply
+5.93%
Networks
22
chains
Circulating Supply
Total FRAX across all chains
$230.77M
$128.68M
Jun 4, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$177.87M 86.6%
Fraxtal
$10.40M 5.1%
Harmony
$8.14M 4.0%
Moonriver
$2.39M 1.2%
Arbitrum
$1.89M 0.9%
Near
$1.11M 0.5%
BSC
$724.2K 0.4%
Avalanche
$621.1K 0.3%
OP Mainnet
$580.1K 0.3%
Moonbeam
$562.1K 0.3%
Others (8)
$1.17M 0.6%
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
