Frax Share Overview
Frax Share (FXS) is currently priced at $1.9680**, reflecting a **+4.02% increase** since midnight UTC. With a circulating supply of 90,938,346 FXS and a maximum supply of 99,681,496 FXS, its fully diluted market cap stands at **$178.88 million, ranking it #130 among cryptocurrencies.
Key Metrics
- All-Time High: $11.0000 (-82.11% from current price)
- All-Time Low: $1.2460 (+57.94% from current price)
- Latest Audit: Conducted by CertiK on May 23, 2021
👉 Track real-time FXS price movements
Frax Share Price Performance & Market Sentiment
Price Trends
- Volatility: FXS has shown significant price swings, with a recent rebound from its all-time low.
- Market Cap Dynamics: The diluted market cap suggests room for growth as adoption increases.
Community Sentiment
Share your outlook on FXS:
- 👍 Bullish
- 👎 Bearish
(Vote to see live sentiment results)
Frax Share Ecosystem Updates
Curated from trusted sources:
Smart Money Insights (Nansen)
- Top Inflows: FXS leads with $100.1K in net inflows over 24 hours.
- Emerging Tokens: $RUNNIT, $AURAFARM, and $DIS also saw notable activity.
Industry Perspectives
- Frax Finance's Vision: CEO Sam Kazemian emphasizes creating "legal digital dollars" on blockchain rails, aligning with U.S. regulatory frameworks.
- Stablecoin Narrative: Analysts predict Frax’s strategic positioning in the evolving stablecoin market.
Frax Share (FXS) FAQ
1. What is Frax Share (FXS)?
FXS is the governance token of Frax Finance, a decentralized stablecoin protocol. It enables voting rights and fee distribution within the ecosystem.
2. How is FXS priced?
FXS’s value is determined by market demand, protocol utility, and broader crypto trends. Real-time charts track fluctuations.
3. Where can I buy FXS?
👉 Trade FXS securely on leading exchanges
4. What drives FXS price changes?
- Adoption of Frax stablecoins
- Governance proposals
- Crypto market sentiment
5. Is FXS a good investment?
Cryptocurrencies carry risks. Diversify portfolios and research metrics like liquidity, use cases, and team credibility.
Convert USD to FXS
Use the tool below to estimate conversions:
| USD Amount | FXS Equivalent (≈) |
|------------|---------------------|
| $10 | 5.08 FXS |
| $50 | 25.41 FXS |
| $100 | 50.81 FXS |
Rates update in real-time.
Final Notes
- Audits: Frax Share maintains transparency via CertiK-verified audits.
- Regulatory Progress: Active engagement with policymakers may enhance FXS’s long-term viability.
For the latest FXS data:
👉 Visit OKX’s crypto analytics dashboard
Disclaimer: Cryptocurrency trading involves risk. Conduct independent research before investing.