Frax
FRAXAlgorithmic USD-pegged Rank #40
Price
$0.989679
-1.03% off peg
Market Cap
$164.02M
Market Cap
$164.02M
Dominance
0.05%
of market
Price
$0.989679
% Off Peg
-1.03%
24h Supply
-0.36%
7d Supply
-3.13%
30d Supply
-10.94%
Networks
22
chains
Circulating Supply
Total FRAX across all chains
$229.07M
$128.60M
Jul 23, 2025
Jul 23, 2026
Chain Distribution
Current supply by network
Ethereum
$142.12M 84.9%
Fraxtal
$9.10M 5.4%
Harmony
$8.14M 4.9%
Moonriver
$2.39M 1.4%
Arbitrum
$1.89M 1.1%
BSC
$724.2K 0.4%
Avalanche
$621.1K 0.4%
OP Mainnet
$580.1K 0.3%
Moonbeam
$562.1K 0.3%
Fantom
$534.0K 0.3%
Others (8)
$794.8K 0.5%
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
