Frax Share (FXS) Price History
Frax Share price moved +0.57% over the last 24 hours. The FXS to USD conversion rate is currently $9.02 per FXS and the circulating supply of Frax Share is 75,399,222 FXS. Therefore, the current Frax Share market cap is $680,100,983.
Over the last year, Frax Share price is +47.24%. The highest price of FXS in the last year was $12.78 and the lowest price of FXS in the last year was $4.14.
About Frax Shares (FXS)
Frax is a fractional-algorithmic stablecoin protocol encompassing a two token system. The Frax stablecoin (FRAX) combines crypto collateral and algorithmic mechanisms to remain pegged to the value of the dollar and the protocol is governed by a community of Frax Share (FXS) holders. FXS is used to propose and vote on changes to the protocol, such as adjustments to the fee structure, collateral pools and the collateral ratio.
Learn more about crypto
How to start staking crypto
Start staking with Kraken to earn rewards on your digital assets today.
What are NFTs?
Learn more about non fungible tokens and how NFT blockchain technology is powering a change in digital ownership.
Top cryptocurrencies with market data available on Kraken
Top 8 by market cap
Content provided herein may originate from third parties not associated with Payward Ventures, Inc. (D/B/A Kraken) or any of its subsidiaries. Kraken does not vouch for or take responsibility for such third-party content. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Any reliance on this content is at the reader’s own risk. Kraken shall not be held liable for inaccuracies or any decisions made based on this content. Kraken does not endorse nor validate the accuracy of the information provided for any specific asset. Displayed prices are merely representative and the actual values and related data may differ. The unpredictable nature of the cryptoasset markets can lead to loss of funds.