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Frax Finance - Frax Ether price

Frax Finance - Frax Ether priceFRXETH

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$1,627.62+4.61%1D
Price
Frax Finance - Frax Ether price chart (FRXETH/USD)
Last updated as of 2025-04-12 14:27:21(UTC+0)
Market cap:--
Fully diluted market cap:--
Volume (24h):$556,390.21
24h volume / market cap:0.00%
24h high:$1,627.62
24h low:$1,544.73
All-time high:$4,073.22
All-time low:$1,086.56
Circulating supply:-- FRXETH
Total supply:
52,171.18FRXETH
Circulation rate:0.00%
Max supply:
52,171.18FRXETH
Price in BTC:0.01930 BTC
Price in ETH:0.9901 ETH
Price at BTC market cap:
--
Price at ETH market cap:
--
Contracts:
0x1784...3770c2A(Arbitrum)
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About Frax Finance - Frax Ether (FRXETH)

An In-depth Look at Frax Finance - The Frax Ether Token

Frax Finance is making headlines in the decentralized finance (DeFi) ecosystem with its unique and innovative approach to creating a stable and reliable cryptocurrency. In this article, we will delve deeper into understanding the basic functionality of this platform and its central stablecoin: the Frax Ether Token.

Introducing Frax Finance

Frax Finance is a DeFi platform designed to establish a genuinely decentralized and highly scalable stablecoin with a twist. It’s an algorithmic stablecoin protocol that aims to maintain price parity with the U.S. dollar. The platform's primary token is the Frax Ether Token (FRAX), which represents a significant shift in the decentralized finance space.

The Fundamentals of Frax Ether Token

The Frax Ether Token (FRAX) stands out from the crowd due to its fundamental difference - it’s an algorithmic stablecoin that seamlessly leverages the potential of DeFi in its design. Different from other stablecoins, FRAX isn't entirely collateralized by U.S. dollars or overly dependent on complex algorithms. Instead, it uses a prevalent model known as fractional-algorithmic reserve.

In this model, the pricing of FRAX is kept stable by an algorithmic policy that intelligently adapts the token’s supply according to its demand. The protocol also utilizes a collateral ratio that's partially backed by the U.S. dollar and partially stabilized algorithmically. This mechanism creates an equilibrium where the token can adjust its sustenance and survive market fluctuations.

The Value Proposition of Frax Ether Token

Moreover, the Frax Ether Token envisages to overcome the inherent problems persistent in the current stablecoin market. The developed system aims to create a blend of stability, decentralization, and scalability—a unique proposition not quite seen before in the stablecoin space. Here's what makes the Frax Ether Token stands out:

1. Stability: Being a stablecoin, the value of FRAX is pegged to the U.S. dollar, promoting stability.

2. Scalability: With its unique fractional-algorithmic reserve, FRAX can scale efficiently and adapt to market fluctuations.

3. Decentralization: Unlike many other stablecoins, the Frax Finance protocol runs in a decentralized manner with the community having the power over governance decisions.

4. Security: The Frax Finance protocol is designed to safeguard against vulnerabilities, making it secure for participants.

5. Yield Generation: Frax Finance users can also earn native FXS rewards by participating in the Frax ecosystem, thereby generating yields.

With its unique propositions, Frax Ether Token is aiming at becoming a major player in the DeFi stablecoin ecosystem. Its overcoming of persistent problems, creating new opportunities and shaping decentralization truly make it a promising blockchain project to look upon.

Conclusion

In a nutshell, with the Frax Ether Token, Frax Finance aims to provide a scalable, secure, and decentralized solution to the volatility and centralization issues plaguing the current stablecoin marketplace. By combining the stability and security of collateral-backed stablecoins with the infinite scalability of an algorithmic stablecoin, this project shows promising potential in the DeFi space.

Ultimately, the real success of the platform will reside in the hands of its user community. As the DeFi space continues to evolve, projects like Frax Ether Token offering innovative solutions will be at the forefront of this digital financial revolution.

Frax Finance - Frax Ether price today in USD

The live Frax Finance - Frax Ether price today is $1,627.62 USD, with a current market cap of $0.00. The Frax Finance - Frax Ether price is up by 4.61% in the last 24 hours, and the 24-hour trading volume is $556,390.21. The FRXETH/USD (Frax Finance - Frax Ether to USD) conversion rate is updated in real time.

Frax Finance - Frax Ether price history (USD)

The price of Frax Finance - Frax Ether is -52.73% over the last year. The highest price of in USD in the last year was $4,073.22 and the lowest price of in USD in the last year was $1,385.48.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+4.61%$1,544.73$1,627.62
7d-8.72%$1,385.48$1,804.9
30d-12.77%$1,410.96$2,089.89
90d-49.88%$1,385.48$3,506.23
1y-52.73%$1,385.48$4,073.22
All-time+16.19%$1,086.56(2022-11-22, 2 years ago )$4,073.22(2024-12-06, 127 days ago )
Frax Finance - Frax Ether price historical data (all time).

What is the highest price of Frax Finance - Frax Ether?

The all-time high (ATH) price of Frax Finance - Frax Ether in USD was $4,073.22, recorded on 2024-12-06. Compared to the Frax Finance - Frax Ether ATH, the current price of Frax Finance - Frax Ether is down by 60.04%.

What is the lowest price of Frax Finance - Frax Ether?

The all-time low (ATL) price of Frax Finance - Frax Ether in USD was $1,086.56, recorded on 2022-11-22. Compared to the Frax Finance - Frax Ether ATL, the current price of Frax Finance - Frax Ether is up by 49.80%.

Frax Finance - Frax Ether price prediction

What will the price of FRXETH be in 2026?

Based on FRXETH's historical price performance prediction model, the price of FRXETH is projected to reach $1,756.87 in 2026.

What will the price of FRXETH be in 2031?

In 2031, the FRXETH price is expected to change by +36.00%. By the end of 2031, the FRXETH price is projected to reach $3,151.5, with a cumulative ROI of +100.29%.

FAQ

What is the current price of Frax Finance - Frax Ether?

The live price of Frax Finance - Frax Ether is $1,627.62 per (FRXETH/USD) with a current market cap of $0 USD. Frax Finance - Frax Ether's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Frax Finance - Frax Ether's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Frax Finance - Frax Ether?

Over the last 24 hours, the trading volume of Frax Finance - Frax Ether is $556,390.21.

What is the all-time high of Frax Finance - Frax Ether?

The all-time high of Frax Finance - Frax Ether is $4,073.22. This all-time high is highest price for Frax Finance - Frax Ether since it was launched.

Can I buy Frax Finance - Frax Ether on Bitget?

Yes, Frax Finance - Frax Ether is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Frax Finance - Frax Ether?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Frax Finance - Frax Ether with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Frax Finance - Frax Ether holdings by concentration

Whales
Investors
Retail

Frax Finance - Frax Ether addresses by time held

Holders
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