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Legacy Frax Dollar

Legacy Frax Dollar

FRAX#225
$0.989501-0.27%
$0.988278
$0.99533824h Range
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1h24h7d30d1y
-0.27%-0.27%-0.19%-0.40%-0.84%

About Legacy Frax Dollar

Legacy Frax Dollar (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Legacy Frax Dollar has a current supply of 219,310,245.87260038. The last known price of Legacy Frax Dollar is 0.99070106 USD and is down -0.14 over the last 24 hours. It is currently trading on 752 active market(s) with $404,098.33 traded over the last 24 hours. More information can be found at https://frax.com.

Where to buy Legacy Frax DollarFRAX markets

ExchangePairPriceVolume (24h)Trust
Curve (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$316.9Kred
Curve (Ethereum)0X853D955ACEF822DB058EB8505911ED77F175B99E/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48$0.99181$69.06Kred
Fraxswap (Ethereum)0X579CEA1889991F68ACC35FF5C3DD0621FF29B0C9/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$62.64Kyellow
Fraxswap (Ethereum)0X853D955ACEF822DB058EB8505911ED77F175B99E/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2$0.993955$14.33Kyellow
Uniswap V3 (Ethereum)0X5E8422345238F34275888049021821E8E08CAA1F/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$12.5Kred
Uniswap V3 (Polygon)0X45C32FA6DF82EAD1E2EF74D17B76547EDDFAFF89/0X2791BCA1F2DE4661ED88A30C99A7A9449AA84174$0.986893$5.91Kred
Curve (Ethereum)0X853D955ACEF822DB058EB8505911ED77F175B99E/0XCACD6FD266AF91B8AED52ACCC382B4E165586E29$0.991612$4.95Kred
Uniswap V3 (Ethereum)0X853D955ACEF822DB058EB8505911ED77F175B99E/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48$0.991945$3.8Kred
Curve (Ethereum)0X6C3F90F043A72FA612CBAC8115EE7E52BDE6E490/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$2.65Kred
Curve (Ethereum)0XF939E0A03FB07F59A73314E73794BE0E57AC1B4E/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$2.13Kred
Uniswap V2 (Ethereum)0X3432B6A60D23CA0DFCA7761B7AB56459D9C964D0/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$1.76Kred
Fraxswap (Ethereum)0X3432B6A60D23CA0DFCA7761B7AB56459D9C964D0/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$1.66Kyellow
Sushiswap0X6B3595068778DD592E39A122F4F5A5CF09C90FE2/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$1.62Kyellow
Fraxswap (Ethereum)0X0F2D719407FDBEFF09D87557ABB7232601FD9F29/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$1.29Kyellow
Uniswap V3 (Polygon)0X45C32FA6DF82EAD1E2EF74D17B76547EDDFAFF89/0X2791BCA1F2DE4661ED88A30C99A7A9449AA84174$0.986057$1.11Kred
Curve (Ethereum)0X6C3EA9036406852006290770BEDFCABA0E23A0E8/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$975.39red
Curve (Ethereum)0X83F20F44975D03B1B09E64809B757C47F942BEEA/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$585.36red
Uniswap V2 (Ethereum)0X853D955ACEF822DB058EB8505911ED77F175B99E/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2$0.988626$480.81red
Curve (Ethereum)0X8E870D67F660D95D5BE530380D0EC0BD388289E1/0X853D955ACEF822DB058EB8505911ED77F175B99E$0.991998$459.8red
Curve (Arbitrum)0X17FC002B466EEC40DAE837FC4BE5C67993DDBD6F/0XFF970A61A04B1CA14834A43F5DE4533EBDDB5CC8$0.99115$272.4red

Legacy Frax Dollar Price History

YearOpenHighLowCloseChange
2026(YTD)$0.991493$0.999518$0.448744$0.989501-0.20%
2025$3.61$3.993$0.991394$0.992197-72.52%
2024$9.041$10.52$1.616$3.496-61.33%
2023$4.422$12.75$4.422$8.583+94.10%
2022$26.97$38.40$4.015$4.114-84.75%
Full Legacy Frax Dollar price history →

Analysis

No analysis available for Legacy Frax Dollar yet.

Legacy Frax Dollar News

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Legacy Frax Dollar FAQ

What is Legacy Frax Dollar (FRAX)?

Legacy Frax Dollar (FRAX) is a cryptocurrency launched in 2020 on the Ethereum blockchain. It is designed to maintain a value of one US dollar, functioning as a stablecoin. The project aims to provide a decentralized and scalable stable asset for transactions and savings, with its supply managed by the protocol to preserve the peg.

How does FRAX maintain its peg?

FRAX uses a fractional-algorithmic model, meaning it is partially backed by collateral and partially stabilized through algorithmic supply adjustments. The protocol adjusts the collateral ratio based on market conditions, expanding or contracting the supply to keep FRAX's price close to $1. This mechanism distinguishes it from fully collateralized stablecoins.

What is the FRAX token used for?

The FRAX token serves as a stable medium of exchange, allowing users to transact and store value without exposure to price volatility. It is also used within the Frax ecosystem for various DeFi applications, such as lending, borrowing, and yield generation. Additionally, FRAX can be used as collateral in other protocols, enhancing its utility.

How does FRAX differ from other stablecoins?

Unlike fully collateralized stablecoins like USDC or USDT, which are backed by fiat reserves, FRAX combines collateral with an algorithmic component. This design aims to improve capital efficiency while maintaining stability. Compared to purely algorithmic stablecoins, FRAX retains a collateral buffer, reducing the risk of a death spiral and providing a more robust peg.

What is the current price of Legacy Frax Dollar?

Legacy Frax Dollar is currently priced at $0.9895, down 0.27% in the last 24 hours. It is ranked #225 by market capitalization. Over the past 7 days, FRAX is down 0.19%.

What is Legacy Frax Dollar's market cap?

Legacy Frax Dollar has a market capitalization of $217.01M. The 24-hour trading volume is $357,006.09, reflecting the total value of FRAX traded across all exchanges in the last day.

How many Legacy Frax Dollar coins are in circulation?

There are currently 219.31M FRAX in circulation. The total supply is 219.31M FRAX.