Current Frax Share (FXS) Metrics
The live Frax Share price today is $2.54**, with a **24-hour trading volume of $14.88 million. Key real-time data includes:
- Price Change: +0.43% (1h) / +1.00% (24h)
- Market Cap: $253.19 million
- Circulating Supply: 89.87M FXS
- Max Supply: 99.68M FXS
👉 Track FXS price trends in real-time
Understanding Frax Share (FXS)
Frax Share (FXS) is the governance token of Frax Finance, a decentralized protocol offering:
- FRAX Stablecoin: A fully collateralized stablecoin.
- frxETH: Liquid staking derivative for Ethereum.
- Fraxlend: Isolated lending markets.
- FraxSwap: Decentralized exchange (AMM).
- FraxFerry: Cross-chain bridge solution.
Originally launched as a fractional-reserve stablecoin, Frax has transitioned to full collateralization, prioritizing stability and decentralization. FXS holders govern the protocol’s upgrades and treasury decisions.
Frax Share Market Insights
Market Capitalization
FXS holds a market cap of $228.27 million, reflecting its valuation by investors.
Trading Activity
- 24h Volume: $14.88M (5.86M FXS traded).
- Liquidity: High trading volume signals active market participation.
Price and Supply
- Current Price: $2.54 per FXS.
- Circulating Supply: 89.87M (90% of max supply).
Popularity Rank
FXS ranks #266 among cryptocurrencies by market cap.
👉 Explore FXS trading pairs and liquidity
Frequently Asked Questions (FAQs)
1. What drives Frax Share’s price?
FXS fluctuates based on demand for Frax ecosystem services, DeFi adoption, and broader crypto market trends.
2. How is Frax Share different from FRAX?
FXS is the governance token, while FRAX is a stablecoin collateralized by assets and algorithmically stabilized.
3. Can FXS reach its max supply?
Yes, FXS has a capped supply of 99.68M tokens, with 89.87M already circulating.
4. Where can I buy FXS?
FXS is available on top exchanges like OKX, Binance, and Coinbase.
5. What’s next for Frax Finance?
The team focuses on expanding frxETH adoption and enhancing FraxSwap’s liquidity.
For real-time updates and trading tools, visit:
👉 Frax Share (FXS) official charts