Current FXS Price and Market Data
The live price of Frax Share (FXS) is $1.92**, with a 24-hour trading volume of **$31,082. Key metrics:
- 24h Change: -4.43%
- 7d Change: -18.03%
- Circulating Supply: 90,938,338 FXS
- Market Cap: $173.61M USD
- All-Time High (ATH): $42.67 (95.51% below ATH)
- All-Time Low (ATL): $1.25 (53.32% above ATL)
Price Performance Summary
| Period | Price Change | Percentage Change |
|---|---|---|
| 24 Hours | -$0.089 | -4.43% |
| 7 Days | -$0.422 | -18.03% |
| 30 Days | -$1.00 | -34.29% |
| 3 Months | -$0.536 | -21.84% |
FXS Ecosystem Resources
- Website: frax.com
- Documentation: docs.frax.com
Block Explorers:
- Ethereum: etherscan.io
- BSC: bscscan.com
- Avalanche: avascan.info
- Solana: solscan.io
- Audit: Certik Report
FXS Conversion Rates (1 FXS)
- USD: $1.91
- EUR: €1.62
- JPY: ¥275.48
- KRW: ₩2,605.39
- GBP: £1.39
👉 Track real-time FXS price alerts
Frequently Asked Questions (FAQs)
1. Is Frax Share (FXS) a Good Investment?
FXS offers unique advantages in DeFi:
- Innovative Stablecoin Model: Powers FRAX, a fractional-algorithmic stablecoin.
- Governance Rights: FXS holders vote on protocol upgrades.
- Staking Rewards: Earn yield through Frax Finance’s liquidity pools.
- Deflationary Mechanism: Reduced supply over time may increase value.
2. What Drives FXS Price Volatility?
Key factors include:
- Demand for FRAX stablecoin.
- Collateral ratio adjustments in the Frax Protocol.
- Adoption of Frax’s DeFi products (e.g., Fraxlend).
- Overall crypto market sentiment.
3. How to Stake FXS?
- Connect a wallet (e.g., MetaMask) to Frax Finance.
- Navigate to the staking section.
- Select FXS and confirm the transaction.
4. Who Backs Frax Finance?
Investors include:
- Dragonfly Capital
- ParaFi Capital
- Electric Capital
👉 Explore staking opportunities
Risk Disclaimer
The Investment Barometer reflects KuCoin user sentiment and is not financial advice. Cryptocurrency investments are high-risk—always conduct independent research.