📊 Current Price

The current price is 2.017 USD, up slightly by about +0.025% since the last close.

Ratings from various platforms range between 2.00–2.06 USD.

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A look at volume and market value

24-hour trading volume: ≈ 6–15 million USD.

Estimated market value: around 182–188 million USD.

Circulating supply: ~90–91 million out of a total supply cap of 99.7 million.

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Short-term performance and recent period

Change over the past hour: approximately ±0.5%.

Over 24 hours: moderate increase of about +1%.

Over 7 days: decrease ranging from ‑8% to ‑14% depending on the platform.

Significant monthly decline ≈ **‑27% to ‑32%**.

Performance over the year: decrease ≈ ‑33% to ‑34% compared to last year.

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🧩 A look at the project

Frax is a DeFi platform operating on a dual-token system:

FRAX: A stablecoin pegged to the dollar, based on a semi-algorithmic model.

FXS: Governance and reward token, allowing users to vote and participate in system returns.

Additional information:

The highest price since launch was ≈ **43 USD (April 2022)**.

The lowest recorded price: ≈ 1.256 USD in March 2025.

The supply is fixed at 100 million, and the circulating supply gradually decreases through high Emissions assumptions that diminish annually.