With a total market cap of over $669 million, Frax is the No. 208 cryptocurrency by market size. The currency symbol for Frax is FRAX and it originated in the Cayman Islands. Frax is the token issued by the Frax platform. There will only ever be 812 million Frax tokens issued. So far 671 million tokens (82.7% of the total supply) have been issued.
We found crypto protocols offering up to 36.1% APY on Frax deposits (26.7% APY DeFi). Check out our Frax staking yields table for further details.
The technical price analysis for Frax below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Frax.
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Frax FAQs
QWhic country did Frax originated from?
AFrax originated from the Cayman Islands.
QWhat was the highest price that Frax ever reached?
AThe highest price that Frax ever reached was $1.14 USD. This all time high price occured on 7 Feb 2021.
QWhat was the lowest price that Frax ever reached?
AThe lowest price that Frax ever reached was $0.87454 USD. This all time low price occured on 11 Mar 2023.
QDoes Frax have a Reddit channel?
AYes you can find the Frax Reddit channels at .
QIs Frax a stablecoin?
AYes Frax is a stablecoin which means that it's value is pegged to a fiat currency and should maintain a fairly constantly exchange rate with that currency.
QWhat ecosystem is Frax part of?
AFrax is part of the Polygon, Avalanche, Moonriver, Optimism, Arbitrum Ecosytem and Fantom ecosystems.
QIs it possible to stake Frax to generate passive income?
AYes, staking is available for Frax on a number of platforms. For a full list of Frax staking yields see our list of Frax staking yields.
QHow much can I earn staking Frax?
AYou can earn up to 36.1% APY by staking your Frax tokens. Check out our Frax staking yields table for further details.
QWhere is the best place to stake Frax?
ARight now the best staking rates are on Gearbox with an income rate of up to 36.1% APY.
QIs it a good time to buy Frax?
AYou can check the technical indicators for Frax on the Frax Price Trend tab. These indicators are based on the analysis of multiple trading signals for Frax.
QWhere is the best place to buy Frax?
AYou can find the cheapest exchange on which to buy Frax on the Frax Buy tab.
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